If I have tge limited power of attorney, can I represent my wife in court, in a civil lawsuit? Also, plaintiff violated FTC’s laws.
Tag Archives: Credit, Debt and Collections Law
What happens after forclosure In september of 1997 I purchased a mobile home.
What happens after forclosure
In september of 1997 I purchased a mobile home.
A land home package with a mortgage broker arranging
the financing. In order to make the loan. The mortgage
broker had a mortgage company to accept the loan.
Heres the kicker the mortgage company would only go 75% of the asking price. The seller (a mobile home dealer) then took out a (imaginary 2nd mortgage of 25%) thus after raising the price 25% the seller got their full asking price the mortgage which was never even supposed to be recorded was. And after I moved in I was supposed to sign a covenant(never mentioned before. this was all to be taken care of at refinance
after 1 year but was not because mortgage broker Now
couldnt get re-finace accomplished mobile home dealer
got money 100% of asking price mort broker got money
2600.00 at closing and eventually i had home foreclosed on 2 years later. It has been over a year
since we moved out and it still hasnt sold for mortgage company is demanding judgement after all said and done… What are my options I would love to
dig in their pockets like they all did mine. Bear in mind this is the short version thank you..
Can a creditor refuse payment?
Can a creditor refuse payment?
I now handle my mother’s finances. She has a history of unpaid dues to her mobile home association. The property is up for sheriff sale in October. I sent a partial payment towards the debt owed on her behalf and it was returned to me with a letter stating no payment other than in full will be accepted. Is this legal?
Thank you for your help.
mortgage foreclosure on second home My husband and I recently moved to Florida,…
mortgage foreclosure on second home
My husband and I recently moved to Florida, where we purchased a mobile home. We are moving back to Michigan, and we have a home which is paid for and some property. If we are unable to sell the mobile home, our contract states that it is secured collateral; it will be reposessed and sold to pay the debt. Can the finance company attempt to seize our other property if this debt is not paid in full by the seizure and selling of the home? Is there a certain amount of debt that one must have in order to have assets seized. We would expect to owe no more than 5,000.00.
Thank You
Leins A collection company is telling us that b/c we let a mobile home go back,…
Leins
A collection company is telling us that b/c we let a mobile home go back, that they can put a lein on our land and force the sell of that land to collect the debt. Is this true? Can they force the sell of our land? They have offered a settlement, but have only given us a week to get the money. What should we do?