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• 1. F

     Lender Liability

     What is the name of your state (only U.S. law)? NC If a Mortgagee is squeaky clean ie makes all payments to the bank on time (continues to have good credit)and his balloon comes due and the bank initiates a foreclosure proceedings Can successful litigation be brought against the bank...how would...

     • funigolf
     • Thread
     • Dec 2, 2009
     • Replies: 2
     • Forum: Mortgages, Refinancing & Foreclosure
  2. F

     fraudulent conveyance

     What is the name of your state (only U.S. law)? NC I need to raise capital to to keep my business afloat. I have an unconditional guarantee against a commercial note which is in danger of foreclosure although the action has not been undertaken Can I sell my home and use the proceeds to...

     • funigolf
     • Thread
     • Nov 30, 2009
     • Replies: 1
     • Forum: Mortgages, Refinancing & Foreclosure
  3. F

     foreclosure for less than the mortgage valu

     What is the name of your state (only U.S. law)?North Carolina I have a commercial property where the balloon came due. The bank has given me a forbearance document for 6 months I am a unconditional guarantor on the note...Commercial Property values have plumetted. If the bank short sells they...

     • funigolf
     • Thread
     • Nov 25, 2009
     • Replies: 2
     • Forum: Mortgages, Refinancing & Foreclosure