Defending Against Garnishment
Last year, I helped an individual whose wages were being garnished, and I was shocked to see a practice which was considered common. In response to my client’s exemption affidavit the attorney for the creditor signed an affidavit in opposition on behalf of their clients. Read the rest of this entry
Can my mortgage company foreclose during my short sale?
The answer is yes, they can start foreclosure, but why would they do it? This is normally a situation where one hand doesn’t know what the other is doing. The bank/ mortgage company/mortgage servicer can start a foreclosure proceeding at any time once the homeowner goes into default. Normally, a homeowner starts the short sale process once they have already defaulted, so the foreclosure process can begin at any time. Read the rest of this entry
Condo Associations Million Dollar Windfall!
NOT SO FAST
Recently I read an article about a foreclosure in Aventura, Florida. Actually there were two foreclosures. The first one was a foreclosure by the condominium association. This foreclosure came about because the owner stopped paying his homeowners fees on his million dollar condo. Naturally, the condo association foreclosed, obtained title to the property and proceeded to rent the condo out. Read the rest of this entry