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10-27-2008, 01:19 PM
| | Junior Member | | Join Date: Jul 2008
Posts: 19
| | | Foreclosure Repercussions
What is the name of your state (only U.S. law)? California,
My home is currently in the process of a Short Sale, If this falls thru and my home goes into foreclosure, can the School district sue me for past due taxes not paid. Also I have a judgement filed against me and plan on filing bankruptcy, can this judgement follow me after the bankruptcy. |
10-27-2008, 01:25 PM
| | Senior Member | | Join Date: May 2000 Location: Catatonic State
Posts: 71,453
| | Quote:
Originally Posted by boys4  What is the name of your state (only U.S. law)? California,
My home is currently in the process of a Short Sale, If this falls thru and my home goes into foreclosure, can the School district sue me for past due taxes not paid.
**A: of course they can.
#########
Also I have a judgement filed against me and plan on filing bankruptcy, can this judgement follow me after the bankruptcy. | **A: it depends upon what the judgement is for. |
10-27-2008, 01:34 PM
| | Member | | Join Date: Aug 2004
Posts: 71
| | | Retain an Atty
Find a good atty!!!!!!! You need to coordinate all this activity with a specialist... Timing is everything- an experienced realestate atty could save you time & $$$!
DON'T WAIT!
Good luck,
Brian Florian |
10-27-2008, 02:02 PM
| | Senior Member | | Join Date: May 2000 Location: Catatonic State
Posts: 71,453
| | Quote:
Originally Posted by BriantheBanker Find a good atty!!!!!!! You need to coordinate all this activity with a specialist... Timing is everything- an experienced realestate atty could save you time & $$$!
DON'T WAIT!
Good luck,
Brian Florian | **A: reference |
10-28-2008, 07:43 PM
| | Junior Member | | Join Date: Jul 2008
Posts: 19
| | | foreclosure or short sale
I will be filing bankruptcy soon and wonder if I should bother proceeding with the Short Sale on my home or let it go into foreclosure? STATE: California |
10-28-2008, 07:59 PM
| | Senior Member | | Join Date: May 2000 Location: Catatonic State
Posts: 71,453
| | Quote:
Originally Posted by boys4 I will be filing bankruptcy soon and wonder if I should bother proceeding with the Short Sale on my home or let it go into foreclosure? STATE: California | **A: do everything you can to mitigate losses: yours and the lenders. |
10-29-2008, 11:54 AM
| | Junior Member | | Join Date: Jul 2008
Posts: 19
| | | Foreclosure or Short Sale
The lender does not care one way or another if I foreclose or do a Short Sale, they said they will still come after me for money owed on there loss. Does it matter either way if I'm filing bankruptcy? | |
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