a lien be put on my other property? My home is listed as my homestead but I will be moving to live in my other property and will list that as my homestead instead. The bankruptcy is the type where I still make payments to the trustee for my debts.
2007-12-19 03:32:19 · 5 answers · asked by Mew 1 in Business & Finance ➔ Renting & Real Estate
A bankruptcy may stall the foreclosure process on the house in Texas, but the none of your creditors included on your bankruptcy, including the lender that gave you the mortgage on the Texas house can place a lien on your "other house". The lender may still be able to sue you after foreclosure, but not place a lien on your property.
2007-12-19 09:39:49 · answer #1 · answered by linkus86 7 · 0⤊ 0⤋
Anyone can place a lien on your property. Even a homestead, such as remodeling etc. This can and will surface at time of selling.
As you are making payment arrangements, it's doubtful your creditors would place a lien.
2007-12-19 03:42:53 · answer #2 · answered by ed 7 · 0⤊ 0⤋
simply by fact the idiots that bought them at over-inflated costs had them foreclosed on, and Mr. feldmann has controlled his funds in the form of way as to have the capacity to purchase those properties. .And it is Mr. Feldmann's fault in what way? in case you have controlled your funds properly, you're able to do the comparable element, Jewish or no longer. it is incredibly prevalent understanding that it is a competent time to purchase for those with sparkling credit and funds available (IE no longer seeking to borrow each and every cent and then be no longer able to pay off, as a great style of did in the previous countless years). humorous, i bought my abode the comparable way, while the industry crash became basically initiating. the unique vendors paid over $seven-hundred ok for the land and shape- and a few fool loaned them the entire bit. We took it off their palms for basically below a million/2 that - they took a huge loss, yet we paid in funds and it saved THEM - and the financial organisation- from foreclosures. Is that undesirable, too? Is it simply by fact we are Jews LOL? i'm incredibly particular *every physique* with the credit, funds or the two might have achieved the comparable element- it is reported as a loose industry. Is it even criminal to purchase some thing from somebody else is merchandising? Are you particularly asking that? i might propose gaining understanding of somewhat approximately actual belongings, and additionally approximately Judaism. you have for sure been fed the worst stereotypes approximately us, and regrettably believed them too. might you question it is legality if it have been a catholic? A lutheran? 3 properties is hardly an entire community, BTW.
2016-11-23 15:01:56 · answer #3 · answered by anuj 3 · 0⤊ 0⤋
Bankruptcy is the one thing that can stall a foreclosure. The bank now has to get in line at the bankruptcy hearing. If they agree to the bankruptcy plan they can have you re-affirm your debt to them and re-establish payments (including the arrears). If they deem that you are unable to pay, they can allow the foreclosure.
good luck!
2007-12-19 05:16:47 · answer #4 · answered by Rush is a band 7 · 0⤊ 0⤋
wat
2007-12-19 03:39:51 · answer #5 · answered by Anonymous · 0⤊ 1⤋