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Stopping foreclosure
charset="windows-1251"
Not necessarily. What if B came on title before the loan was made. Then
loan only encumbers A's interest
David A. Tilem
Certified Bankruptcy Specialist*
Law Offices of David A. Tilem (a debt relief agency)
206 N. Jackson Street, #201, Glendale, CA 91206
Tel: 818-507-6000 Fax: 818-507-6800
* Bankruptcy specialist cert. by State Bar of CA Bd of Legal
Specialization.
Jim Selth
Sent: Sunday, May 31, 2009 8:15 PM
To: cdcbaa@yahoogroups.com
Subject: RE: [cdcbaa] Stopping foreclosure
If the Debtor is on title, there will be an automatic stay, but if no equity
the lender should have no problems getting relief from stay (unless an "SB"
case). Send a copy of the bankruptcy petition to the foreclosure trustee.
_____
The post was migrated from Yahoo.
charset="windows-1251"
When did "B" get onto title, before or after the loan was made?
David A. Tilem
Certified Bankruptcy Specialist*
Law Offices of David A. Tilem (a debt relief agency)
206 N. Jackson Street, #201, Glendale, CA 91206
Tel: 818-507-6000 Fax: 818-507-6800
* Bankruptcy specialist cert. by State Bar of CA Bd of Legal
Specialization.
Patricia Depew
Sent: Friday, May 29, 2009 4:11 PM
To: cdcbaa@yahoogroups.com
Subject: [cdcbaa] Stopping foreclosure
Query: a residential home that is presently leased to a third party is
"owned" by two individuals. Individual "A" took out the mortgage on the
home in his name only. Individual "B" is named on the title but is not on
mortgage. The house is in foreclosure. If Individual "B" files bk, what
effect?
Patricia S. Depew, Esq.
Law Offices of Patricia S. Depew
1801 Century Park East, Suite 2400
Los Angeles, CA 90067
Telephone: 310/ 284 8494
Fax: 310/ 288-8180
www.depewlaw. com
NOTICE RE CONFIDENTIALITY AND RELIANCE -- The information contained in this
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If you are not the designated recipient you are hereby notified that
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strictly prohibited. If you are not the intended recipient please notify us
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charset="windows-1251"
Message
When did "B" get onto
title, before or after the loan was made?
David A.
Tilem
Certified Bankruptcy
Specialist*
The post was migrated from Yahoo.
If the Debtor is on title, there will be an automatic stay, but if no equity the lender should have no problems getting relief from stay (unless an "SB" case). Send a copy of the bankruptcy petition to the foreclosure trustee.
________________________________
Depew [patricia@depewlaw.com]
Sent: Friday, May 29, 2009 4:11 PM
To: cdcbaa@yahoogroups.com
Subject: [cdcbaa] Stopping foreclosure
Query: a residential home that is presently leased to a third party is "owned" by two individuals. Individual "A" took out the mortgage on the home in his name only. Individual "B" is named on the title but is not on mortgage. The house is in foreclosure. If Individual "B" files bk, what effect?
Patricia S. Depew, Esq.
Law Offices of Patricia S. Depew
1801 Century Park East, Suite 2400
Los Angeles, CA 90067
Telephone: 310/ 284 8494
Fax: 310/ 288-8180
www.depewlaw.com
NOTICE RE CONFIDENTIALITY AND RELIANCE -- The information contained in this message and attachment is confidential, it may be privileged and protected from disclosure by law. It is intended for the designated recipient(s) only. If you are not the designated recipient you are hereby notified that dissemination, distribution or copying of this message or any attachment is strictly prohibited. If you are not the intended recipient please notify us immediately and delete it from your computer system. FURTHER TAKE NOTICE -- E-mail is an informal means of communication of limited reliability. No agreement or binding signature, express or implied, is authorized or intended by the above message unless expressly stated. Formal communications warrant handwritten signatures. Thank you.
The post was migrated from Yahoo.
charset="US-ASCII"
Query: a residential home that is presently leased to a third party is
"owned" by two individuals. Individual "A" took out the mortgage on the
home in his name only. Individual "B" is named on the title but is not on
mortgage. The house is in foreclosure. If Individual "B" files bk, what
effect?
Patricia S. Depew, Esq.
Law Offices of Patricia S. Depew
1801 Century Park East, Suite 2400
Los Angeles, CA 90067
Telephone: 310/ 284 8494
Fax: 310/ 288-8180
www.depewlaw.com
NOTICE RE CONFIDENTIALITY AND RELIANCE -- The information contained in this
message and attachment is confidential, it may be privileged and protected
from disclosure by law. It is intended for the designated recipient(s) only.
If you are not the designated recipient you are hereby notified that
dissemination, distribution or copying of this message or any attachment is
strictly prohibited. If you are not the intended recipient please notify us
immediately and delete it from your computer system. FURTHER TAKE NOTICE --
E-mail is an informal means of communication of limited reliability. No
agreement or binding signature, express or implied, is authorized or
intended by the above message unless expressly stated. Formal communications
warrant handwritten signatures. Thank you.
charset="US-ASCII"
Query: a
residential home that is presently leased to a third party is "owned" by two
individuals. Individual "A" took out the mortgage on the home in his name
only. Individual "B" is named on the title but is not on
mortgage. The house is in foreclosure. If Individual "B" files bk,
what effect?
Patricia S. Depew, Esq.
Law Offices of Patricia S. Depew
1801 Century Park East, Suite 2400
Los Angeles, CA 90067
Telephone: 310/ 284 8494
Fax:
310/ 288-8180
www.depewlaw.com
NOTICE RE CONFIDENTIALITY AND RELIANCE -- The
information contained in this message and attachment is confidential, it may be
privileged and protected from disclosure by law. It is intended for the
designated recipient(s) only. If you are not the designated recipient you are
hereby notified that dissemination, distribution or copying of this message or
any attachment is strictly prohibited. If you are not the intended recipient
please notify us immediately and delete it from your computer system. FURTHER
TAKE NOTICE -- E-mail is an informal means of communication of limited
reliability. No agreement or binding signature, express or implied, is
authorized or intended by the above message unless expressly stated. Formalcommunications warrant handwritten signatures. Thank you.
The post was migrated from Yahoo.