Articles from Virginia Bankruptcy Attorney | Robert Weed

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How Soon After Bankruptcy Can I Get a Mortgage?

Submitted by Anonymous (not verified) on Tue, 08/26/2014 - 20:37

Good News:  Fannie Mae Announces New Shorter Waiting Period for After Bankruptcy Mortgage. Here’s the most important question for people who file bankruptcy because they can’t make their house payments:  How soon can I buy a house again? Since the housing crisis, there have been two waiting periods:  Two years after the bankruptcy; but three […]

Welcome to the “Reader Top Rated” Bankruptcy Blog

Submitted by Anonymous (not verified) on Tue, 05/07/2013 - 04:27

To my readers around the country, please keep in mind that I cannot give you legal advice. My answers here on this blog may help you think of things to talk about with YOUR LAWYER. DO NOT TRY TO BE YOUR OWN LAWYER, based on anything you read here. That would be a really bad idea.   Welcome. […]

Welcome to the “Reader Top Rated” Bankruptcy Blog

Submitted by Anonymous (not verified) on Tue, 05/07/2013 - 04:27

To my readers around the country, please keep in mind that I cannot give you legal advice. My answers here on this blog may help you think of things to talk about with YOUR LAWYER. DO NOT TRY TO BE YOUR OWN LAWYER, based on anything you read here. That would be a really bad idea.   Welcome. […]

Do people get sued by the second mortgage after a short sale?

Submitted by Anonymous (not verified) on Wed, 05/01/2013 - 02:50

Saw three couples this month who needed to file bankruptcy, because they were getting sued–garnished in one case–by the second mortgage after a short sale.
It was surprising that they were surprised.   At the peak of the crisis, for or five years ago, second mortgages would take what they could get at a short sale and let the rest of it go.  But they don’t often do that anymore.  (At least not without intense negotiation.  I’ve seen it once in the last year.)

After Bankruptcy: Bank of America Can’t Stop Themselves

Submitted by Anonymous (not verified) on Thu, 04/18/2013 - 22:59

This is a story about how Bank of America violated the bankruptcy discharge, hacking off Gus and Nikoleta, and me.  (I’ve changed the names of Gus and Nikoleta–all the rest of this is true.)  And then hit Gus and Nikki for a “foreclosure fee” while they were current.  And then did it again.
Gus and Nikoleta came to see me in 2009.

Can they put a lien on the house I bought after the bankruptcy?

Submitted by Anonymous (not verified) on Sat, 03/30/2013 - 22:33

Did you put off filing bankruptcy until after somebody got a judgment against you?
Pre-bankruptcy judgments are liens on property you own before the bankruptcy.  (Sometimes they can be removed;  sometimes they can’t.)   But they do NOT become a lien on property you buy after the bankruptcy.

Filing Bankruptcy and self employed? You need a “Profit and Loss”

Submitted by Anonymous (not verified) on Thu, 03/21/2013 - 23:32

If you file bankruptcy, you need to send in proof of your income.  For most people, that means your pay stubs.   Section 521 of the Bankruptcy Code requires people to send in at least two month of their “payment advices“–meaning pay stubs–received from your “employer.”
What if you are self employed?   You don’t get a pay stubs and don’t have en employer.  Do you dodge that requirement?

Emergency Bankruptcies in Northern Virginia

Submitted by Anonymous (not verified) on Tue, 03/19/2013 - 18:54

Here’s an email I got on Friday, March 15 2013.
I started the bankruptcy process with your office in 03/2012 and stopped the process.  That was a wrong decision!!!  My house is scheduled for foreclosure on Monday 03/18/13 and I have tried working with Wells Fargo to postpone the sale.  NACA and Senator Mark Warner’s office also joined me to work with Wells Fargo but they are slow to give me a decision.  Can you help me stop the foreclosure?

Planning: Why This Bankruptcy Lawyer Often Charges More

Submitted by Anonymous (not verified) on Thu, 03/07/2013 - 03:25

Tommy needs to file bankruptcy.

But I Surrendered that Property in My Bankruptcy!

Submitted by Anonymous (not verified) on Wed, 03/06/2013 - 02:57

Bankruptcy gets you out of debts you don’t want, but not stuff you don’t want.
It doesn’t force the finance company to tow your car.  Or the timeshare people to foreclose the timeshare.  And it doesn’t make the bankruptcy court take anything.

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