A quiet title is where a owner asks a judge declare that a mortgage is not a valid lien against their property. In 2008, the average person was unable to describe what a foreclosure was. Now, the average person can explain that, “A foreclosure is where the bank takes away your property because you did not pay.”
Month: February 2015
What is a Statute of Limitations?
A statute of limitations is a time limit. It sets a deadline for a creditor to begin a lawsuit. If the creditor does not begin the lawsuit before the deadline, the debtor can raise an affirmative defense of a Statute of Limitations to the lawsuit. That is, the debtor can bascially say to the court,
My Tax Refund was Taken by the Chapter 7 Trustee!
Many Miami, Florida, chapter 7 debtors who choose an inexperienced or a careless bankruptcy attorney are met with a horrible surprise at the 341 Meeting when the Chapter 7 Trustee says,
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