Real estate workouts are when the homeowner contacts the lender and explains that you have simply suffered a temporary problem and attempts to negotiate with them to allow you to pay the missed mortgage payments at the end of your contract or at higher payments. Real Estate Workouts • Avoiding Foreclosure Other real estate workouts…
If you are filing bankruptcy you must give an accurate listing of all income, assets, debts, and expenses in a bankruptcy voluntary petition. Furthermore, the more you educate yourself and plan your bankruptcy, the better your outcomes. Including Assets, Debts, Expenses, and Income in a Bankruptcy Petition Sometimes a person does not want to list…
When you face foreclosure on your home, it’s heart-breaking! That’s when foreclosure scams try to take advantage of your situation and your emotions. As soon as your mortgage company files a foreclosure, con-artists move in to ask you to sell your home to them. However, you must remember that you only have 20 days to…
If you are filing bankruptcy in Kentucky, your attorney must have an accurate record of your debts and property. Don’t leave property or debts out because you intend to pay it or you co-own the property. Fraud is Not Listing Debts, Transferring Property, and Income Tax Debts You can only exempt and keep property that is…