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Northeast OH – A lot of homeowners want to short sale and walk away from the upside down debt. They don’t feel that it is their fault the housing market crashed. We get the following questions a lot. “If I short sale, then how likely is it that my lender will sue me to . . . → Read More: Northeast OH Short Sale Question: Can My Lender Force Me To Repay Them?  Leave a comment  Loan modifications, short sale  Avoid Foreclosure, Bankruptcy, Collection Tactics, Debtor, Defense Attorney, Discover, E Mail, Exceptions, Feet, Foreclosure, Free Consultation, Garnish Wages, Housing Market, Judgments, Lawsuits, Lenders, Loan Modification, Lot, Money Back, Send Mail, Short Sale, Stop Foreclosure, Upside Down, Wage Garnishment
Northeast OH – The Stop Foreclosure Institute received a few responses from yesterday’s blog post. Most of the questions went something like this. “I think a lender would be stupid to approve an investment property short sale for a wealthy person. If I was the lender I would sue them for the loss. . . . → Read More: Northeast OH Short Sales: How To Look At A Short Sale From The Lender’s Perspective Leave a comment Forclosure options, Loan modifications, short sale 20 Million Dollars, Avoid Foreclosure, Bankruptcy, Bottom Line, Collecting On A Debt, Debt Collection Company, Debtor, Deficiency Judgments, Foreclosure, Free Consultation, Impediment, Investment Property, Judgment, Loan Modification, Mortgage Payment, Nbsp, Property Lenders, Short Sale, Step Loan, Stop Foreclosure, Thousands Of Dollars, Upside Down, Wealthy Investor, Wealthy Person One of the most common concerns that sellers have when we discuss working with them to do a short sale on their home is: Will I be taxed on my the forgiven debt from my Ohio short sale? Call Andy with more questions or to get your home sold on a short sale. . . . → Read More: Will the forgiven money on a short sale be reported to the IRS as income? 2 comments Uncategorized Assets, Bankruptcy Code, Cancellation Of Debt, Chapter 11, Chapter 13 Bankruptcy, Chapter 7, Creditors, Debtor, Earned Income, Futile Effort, Insolvency, Irs Publication, Irs Website, Many Things, Married Couple, Million Dollars, Money, Mortgage Debt, Page Six, Personal Loss, Phantom, Possibilities, Property Liens, Real Estate Property, Retirement, Www Irs Gov I have written before about bankruptcy and it’s effects on foreclosure in other blog posts. On cleveland.com I found an interesting article: Bankruptcy fails as foreclosure rescue. Bankruptcy does have it’s uses in helping people dealing with foreclosure but practically speaking it will never be a foreclosure rescue. However it has been an excellent . . . → Read More: Bankruptcy fails as foreclosure rescue – cleveland.com One comment Uncategorized 911, Bankruptcy Court, Bankruptcy Plans, Bankruptcy Record, Blog, Borrowers, Chapter 13 Bankruptcy, Chapter 7 Bankruptcy, Creditors, Debtor, Deficiency Judgments, Double Whammy, File Bankruptcy, Foreclosure, Good Faith, Helping People, Imho, Mortgage Company, Responsible Action |
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