My mother in law is being sued for the deficiency of a foreclosure sale that was done in June 2009. she lives in california, but the forecluse was done in maryland, she is the owner of a house in california and she is being sued in california. what are her choices for her? can she filed a bankcrupticy.
Optional Information: State/Country relating to Question: California
Hello,Does she have any equity in the house in CA?
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Thanks.
Barrister
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yes, she has equity and she only owes 80,000. what else can she do. her court date is in may 25, 2012
Hi JACustomer,Last questions:1) How many are in your mother-in-law" household?2) What is your mother-in-law's gross household income? Is any of this money from social security?3) How much equity does her CA house have? (Equity = market value minus the balance on the mortgage.)4) Has she lived in CA continuously for the past 2 years? If not, where has she lived for the past 2 1/2 years?