Posts tagged "Happens"

What happens to a real mortgage when a debtor files for bankruptcy?


I am a creditor whose debt is guaranteed by an actual mortgage. I recently received a notice that the debtor has filed for bankruptcy under Chapter 7 of the Bankruptcy Code in the United States. What will be my loan and my mortgage? I be prohibited from foreclosing the mortgage? The way in which the insolvent debtor is an individual and not a company. Please prvide.Merci legal basis. :)

2 comments - What do you think?
Posted by jedwan - January 11, 2012 at 5:39 am

Categories: Mortgage   Tags: , , , , , , , , , , , , , , ,

What happens to the second mortgage when the first mortgage forecloses?


I’m going through a foreclosure on my first mortgage, what are the options for addressing the second mortgage? All legitimate sites of guides on managing the consequences of foreclosure would be appreciated.

5 comments - What do you think?
Posted by jedwan - January 8, 2012 at 5:38 pm

Categories: Mortgage   Tags: , , , , , , , , , ,

What happens to your mortgage if you sell your home for less than you owe?


We want to get into a bigger house. We live in a small condominium that we paid a lot for. We will never get so much for her that we need for our loan, but rose to it. We are not in a situation of exclusion, because we make payments on time without a problem. If we sell our house unless we add the balance of our guides on the loan for a new home, or what we owe to the bank balance is and then what?

6 comments - What do you think?
Posted by jedwan - December 2, 2011 at 5:38 am

Categories: Mortgage   Tags: , , , , , , , , , , , ,

What happens to a second mortgage when a home is purchased at a foreclosure auction?


I will make an offer on a house closing and has a loan of $ 1 280K and a second of $ 70K. The creditor on the first two mortgages is Decision One Mortgage. The lender is Countrywide foreclosure. This means that if I buy this house in foreclosure their money to add a second mortgage or just the first mortgage and back taxes?

5 comments - What do you think?
Posted by jedwan - November 27, 2011 at 5:39 pm

Categories: Mortgage   Tags: , , , , , , , , , , , , , , , , , ,

What Happens When You Wash Your Hands When They Are Tired?

when i was small, my parents told me to never wash my hands when my hands were tired (video games, basketball, etc) or my hands will start shaking when im older. is this true or false? i heard thers this thing that most likely happens to people which causes them for their hands to shake and they cant control it, like old people

2 comments - What do you think?
Posted by jedwan - September 27, 2011 at 5:38 am

Categories: Nokia   Tags: , , , , , , , , , ,

What happens to the mortgage on a house that is left to me in a will?


A parent will be left a house in their will. If a mortgage (home equity) on the house when they die, I must take over the mortgage? I plan to sell the house when left to me.

4 comments - What do you think?
Posted by jedwan - January 23, 2010 at 4:55 pm

Categories: Mortgage   Tags: , , , , , , , , , ,