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Arkansas Foreclosures Legal Questions

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4 legal questions have been posted about foreclosures by real users in Arkansas. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include bankruptcy, commercial bankruptcy, and consumer bankruptcy. All topics and other states can be accessed in the dropdowns below.
Arkansas Foreclosures Questions & Legal Answers
Do you have any Arkansas Foreclosures questions and need some legal advice or guidance? Ask a Lawyer to get an answer or read through our 4 previously answered Arkansas Foreclosures questions.
Foreclosures
Arkansas

Recent Legal Answers

We have a 30 yr loan on a single-wide house trailor. The original value of the trailor new was $24k. We have paid $46k but still have 15yrs left.

Answered 11 years and 11 months ago by Joseph Francisco Botelho (Unclaimed Profile)   |   1 Answer   |  Legal Topics: Foreclosures
You have two options to get out of your situation. Either file for chapter 7 bankruptcy and discharge the debt on the home and move out of it or sell your home. Most home mortgages at the end of the full loan amount will usually end up costing the homebuyer twice as much as the purchase price, just remember that. If you have bad credit or take a term of more than 30 years it will cost you even more than double. Many people once they realized this simply don't want to keep paying an end up moving somewhere and renting. The problem with this is you can't just walk away from the property without either discharging in bankruptcy or selling the property, those are really your only two options. I have responded to your inquiry according to the laws of Massachusetts, where my firm is located. Laws can vary significantly from state to state and cases tend to be rather fact-specific, so you are best served by consulting with a knowledgeable attorney in weighing your options. Email messages/Online Correspondence are akin to conversations and do not reflect the level of analysis applied to formal legal opinions. Email/Online responses do not form an attorney-client relationship.    Joseph F. Botelho, Esq. BOTELHO LAW GROUP Attorneys At Law http://fallriverbankruptcyattorney.com/ 901 Eastern Ave.  Unit 2 Fall River, MA 02723  Office:  888-269-0688 FAX:    877-475-8147   #bankruptcy  #lawyer  #FallRiver  #Chapter7  #chapter13  #debt  #debtsettlement  #foreclosure  #attorney   #cantpaybills  #lawsuit  #court  #bankruptcycourt  #eviction  #lostmyjob... Read More
You have two options to get out of your situation. Either file for chapter 7 bankruptcy and discharge the debt on the home and move out of it or sell... Read More

How can I STOP THE SALE of the house if my name is not on the title?

Answered 13 years ago by David M. Axinn (Unclaimed Profile)   |   10 Answers   |  Legal Topics: Foreclosures
You need to sit down with an attorney asap. You may be able to become administrator of your father's estate, which would give you some legal authority, and then either negotiate with the bank, or perhaps file a Chapter 13 Bankruptcy Petition.
You need to sit down with an attorney asap. You may be able to become administrator of your father's estate, which would give you some legal ... Read More

Will the probate court honor the divorce order or will they honor the deed with right to survivorship and turn the property over to mom?

Answered 13 years ago by Erven T. Nelson (Unclaimed Profile)   |   3 Answers   |  Legal Topics: Foreclosures
To be sure, I would need to review the language of the divorce decree. Generally, courts follow previous orders from other courts. In Clark County, Nevada, the divorce and probate courts are divisions of the same court, the Eight Judicial District Court. It is likely that the probate court will honor the divorce decree.... Read More
To be sure, I would need to review the language of the divorce decree. Generally, courts follow previous orders from other courts. In Clark County,... Read More

What can I do if my property was listed in the foreclosure listing when its not?

Answered 13 years and 2 months ago by Mr. Robert Jason De Groot (Unclaimed Profile)   |   2 Answers   |  Legal Topics: Foreclosures
First of all if you want to take things into your own hands, you should take the responsibility to read all the fine print. It is probably in there on forsale by owner that they can give your listing to others. So, you probably cannot complain about this. Second, you should write a demand letter to the current foreclosures people.... Read More
First of all if you want to take things into your own hands, you should take the responsibility to read all the fine print. It is probably in there... Read More
Foreclosures
Arkansas

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