Questions tagged [foreclosure]

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Lawyer wants to withdraw - Chapter 13

My husband and I filed a chapter 13 about a year ago and recently paid it off 100%. I started reviewing our files after looking at online mortgage monthly statements because I couldn’t completely ...
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43 views

Deficiency judgement period after foreclosure in IL

A friend entered in foreclosure in 2014, for a condo in Chicago, IL (Chase Bank). Some time later he received a form 1099-C for cancellation of debt for around $9K. I know there's a deficiency but, ...
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961 views

What rights do second lienholders have in foreclosure actions by primary lienholder?

It is common for real property to have multiple liens against it. The primary or "senior" lien is typically a mortgage lender. Subordinate liens may have attached to a property through loans or ...
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Selling someone a life estate in a house

I bought a property that has elderly tenants on it. They want to stay, but they can not afford to pay fair market value. For a bevy of reasons beyond the scope of this post, I don't want to be a ...
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1answer
259 views

Inherited property with two unknown lien holders. What should I do?

My mom passed away 8 years ago and left her house to my brother and I. But since then, we haven’t been able to do anything with it because it has 2 liens on it. So it sits there unoccupied after all ...
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Is there a legal reason why Erica Johnson-Seck wasn't criminally prosecuted for fraud or forgery?

David Dayen writes in the New Republic: OneWest accomplished these foreclosures through fraud. Erica Johnson-Seck, a vice president of foreclosure and bankruptcy for OneWest, explained in a July ...