Can you lose your home if the HOA goes bankrupt? This reader’s HOA management has made some bad decisions which has homeowners worried about their property. Here’s my take. Q: Our homeowners association (HOA) has been sued. I have been reading that it is not likely the HOA can declare bankruptcy if it loses the [...]
While Chapter 7 bankruptcy clears your obligations to pay debts that you owe, it won't clear a lien your lender has on your property. Q: I went through Chapter 7 discharge but the bank will not release the lien on my home. What can I do? A: There is at least one thing that [...]
Crowdfunding Regulations, What Every Homebuyer Should Know Before Buying a Home & Coping with Bankruptcy
How will new crowdfunding regulations affect investors? What are the things all homebuyers should know before buying a home? Get answers to these questions by listening to this week’s Ilyce Glink Show. You can click the audio link below to listen to the full show, or download the podcast via iTunes. On this week’s show I talk to Salvador [...]
If you’ve found yourself in financial difficulty, you may be considering bankruptcy, which allows you to settle with your creditors in court. In a bankruptcy, you may be able reorganize your debts to make your payments more manageable—or even eliminate your debts completely. While a bankruptcy can help you get rid of your debt in [...]
Q: My wife has had a wage garnishment made against her for a debt she knowingly owes of about $4,000. An independent company (an ambulance chaser of sorts) bought her debt from the bank and allegedly sent her a letter for court which we never got. She then got a letter saying her company is [...]
Getting a car loan after filing for Chapter 7 bankruptcy will be difficult because of a bad credit score. Person to person lenders might be an option for getting a car loan with bad credit.