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Do you still have to pay the mortgage if you claim bankruptcy?
While the different types of BK offer some protection from creditors and possibly for debts already incurred...until resolved, and on a going forward basis, generally you are responsible to pay...
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Is a mortgage broker the same as a mortgage underwriter?
A Broker is NOT the same as and Underwriter (U/W). The Broker usually owns the mortgage company. He contracts with several companies to write loans for their companies. Once these loans are written...
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What do mortgage brokers do?
What do mortgage brokers do. .
Mortgage brokers do not lend money.
The have knowledge of the lending market, and guide potential buyers, who need to find a mortgage to purchase a property.
The...
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How do you claim bankruptcy?
There are several ways to file bankruptcy. You can use an attorney or you can use a document preparation company. They both have their ups and downs. Financially the preparer is less...
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Can you claim income tax in a bankruptcy?
It's not can...it's have to -
A basic, rough primer:
BK is always done under FEDERAL Laws, in a Federal Bankrutpcy Court. Basically State makes little difference. (Yes the BK Courts operating in...