Need unsecured loan bad credit

We got reaffirmation on everything but the mobile home loan. We were told that as long as I made the payments on time and kept the insurance and taxes paid, we could keep it. What they did not tell me was that loan would be discharged with everything else. I also learned many years later that even though the loan was discharged, the lender still had the lien on the title. The original loan amount was 72,000 and the loan has been transferred twice loans for bad credit not payday loans since the bankruptcy. I have paid 112,000 on this mobile cheap need unsecured loan bad credit unsecured loans home and after 15 years of paying on time, I still owe 62,000 on the principle. Although I am not liable for the note and if I walk away, they still hold the title to the mobile home. It need unsecured loan bad credit is on land that I own and once moved, will never sell for what is owed on it.

I guess my question is, if I did walk away, would this still be a foreclosure? The comments by me and the materials available at this web site are for informational purposes only and not for the purpose need unsecured loan bad credit of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the need unsecured loan bad credit opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Thanks Cat, I already know my contract liabilities. As far as my credit, I have been pre approved for another home. Thanks Cat, I already know my contract liabilities. As far as my credit, I have been pre approved for another home. Thanks Cat, I already know my contract liabilities. As far as my credit, I have been pre approved for another home. Which is why you should speak to an attorney, if not the BK attorney, then a Real Estate Foreclosure attorney in your state.

I was unable to find any members that are in a similar situation here on the forum to see how they have handled it.

The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice.

Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Most states have a process called self help repossession, but there are a handful which require the lender to obtain judgment for possession to repossess the home. In the self help repossession process, the lender will send out an NOD. If it is not cured, then they send out a Notice of Private Sale (called different things in different states...

If the loan is not reinstated, then the home is considered repossessed and the borrower is no longer the titled owner. However, many factors come into play as to whether a lender will actually take possession. If the home is older, not in great condition, and may not be easy to wholesale, they may not choose to take possession...

Lenders are not legally obligated to repossess manufactured homes it is a financial decision whether they do so or not.

However, you will receive notice prior cash loans in pa to them repossessing your home. Who told you that you would not receive any notice? I spoke to an attorney here in Texas and he told me that because I was so upside down on my mobile home, it was unlikely I would sell it (even with my land) for what is owed on it. He said my best option would be to call the lender and tell them I am planning to move and if they send me the application for the title transfer, I will sign it thus surrendering the title which will satisfy the lien. He also said that since my bankruptcy discharged my personal liability and I am not in default, a voluntary surrender to satisfy the lien would not need unsecured loan bad credit have any impact on my credit.

He could not see any loan for bad credit instant decision reason why a lender would not go ahead with a loan. This easiest loans to get scenario would allow me to suspend my payments and have the funds available for the new loan. The lender has a lien on the title to secure the loan. If I sign over the title to the lender, that will satisfy the lien. Since there was no reaffirmation in the bankruptcy, I am not personally responsible for any deficiency. The lender has a lien on the title to secure the loan. If I sign over the title to the lender, that will satisfy the lien. Since there was no reaffirmation in the bankruptcy, I am not personally responsible for any deficiency. You cannot force them to take ownership by just signing the title over. Now, they may let you voluntarily surrender the home so they can take possession and sell it.

But if the home is not worth much or will cost too much to wholesale and move off your property, they may not take ownership. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. Hi, I was wondering if I choose to walk away from my mobile home, what can they do to me? I want to walk, and I now my credit will be ruined for awhile.

But when the mortage company repossess it, and sells it, can they come after me for the balance?

Therefore, pretty much all foreclosure will go through the non-judicial foreclosure process which will not allow a deficiency judgment to be filed. I would call up a local real estate attorney to go over your situation for a brief free consultation. The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney.


My payday advance

Please Read our Privacy Policy and Legal Disclaimer Hi worried60. He called me back the next day and cited Health and Safety Code 18038.

I looked into the code it sounded like I would be protected, however, it has been cited in court twice.

One appellate court ruled in favor of the defendant and another appellate court ruled against the defendant. The issue that arose was the wording of seller in the code.

The court that ruled against the defendant found the seller was not the lender. If anyone reading this has more information, it would greatly be appreciated. Basically this just means you are no longer making your mortgage payments and are gonna let your home go into foreclosure.. The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of need unsecured loan bad credit the information you find here is easily available on the internet.

You should contact your attorney to obtain advice with respect to any direct payday particular issue or problem.

The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Get free mortgage help today. Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. My hubby and I foreclosed on our house (completed last year, they took a LONG time, over a year, to complete the process).