I was on a title for a hose then all of sudden I was off it
I was on a title for a hose then all of sudden I was off it what recourse do I haveJA: Where is the property located?Customer:*****aurora coJA: Has any paperwork been filed?Customer: noJA: Anything else you want the lawyer to know before I connect you?Customer: no
I bought and paid for a house 13 years ago ( 143 Willetta
I bought and paid for a house 13 years ago (***** with my girlfriend ( paid cash). I put in her name and fixed up the house. We signed a 10 year balloon loan contract and got it notarized. The contract expired Aug 2014, and I then took steps to transfer back to me since she did not have the money for the balloon payment. Nov 5th she transferred to me via general warranty deed and 3 months later I transferred into a LLC and into my trust. I bought another house with my girlfriend 10 years ago(*****. I paid for the closing fees, and all upgrades and repairs ( about 50K) over the 10 years. I put it in her name as I had 1 rental already and wanted to reduce my liability in case of any legal issues and it was easier to get a 30 year loan ( was a 100K home). Basically I was the owner (or private lender), and she paid the mortgage sometimes to help out. I did not sign any written agreements this time as I was in love and I assumed we would be together forever( haha).Unbeknownst to me on Nov 8th 2014 ( just after the 143 house transfer) the IRS paced a Lien on Ms. Wilson due to Tax audit. Jan 2015 we separated, and signed a separation agreement, and I gave her 40K for*****home( tax value 105K)( to compensate for any mortgage and tax payments she made)...not knowing still that there was any liens on the house.IRS wants to foreclose on both properties claiming fraud...??!!IRS Say their lien on 138 was before the notarized separation agreement and I paid her no considerations.Do I have a Equitable position in #138 house to trump their tax lien? As the house we bought before ( 143) has a paper trail showing our "relationship" with me being private lender and equitable position long before IRS debts. I have receipts of repairs that I paid also.
I am in desperate need to contest a Qiut Claim Deed and the
I am in desperate need to contest a Qiut Claim Deed and the Statute of limitations is up onThursday. I am desperate. Do you have any advise?JA: Where is the property located?Customer: Port RICHEY FloridaJA: Has any paperwork been filed?Customer: noJA: Anything else you want the lawyer to know before I connect you?Customer: i was lied to, threatened both physically and mentally when I signed the papers. Now he filed papers on me trying to force me to sell the Condo so he can have half the proceeds. He paid nothing towards the condo and lied and said he would.
Here is my question-is there a way for my current residence
Here is my question-is there a way for my current residence in IL can be affected by a foreclosure of a property I co-own in MO? Here is the background-I co-owned a home with a live-in boyfriend, we broke up, I remained in the home and paid the mortgage alone. I ran into difficult times and fell behind on mortgage payments and decided to sell home-I was not able to ever qualify to re-fi the home and get his name off. I was almost successful in selling the home as a short sale, but at the 11th hour it was discovered that there were over $25,000 in tax liens owed by the former boyfriend! I contacted him and advised that this will go to foreclosure as the only other option, unless he wants to moves back in and I move out. This all occurred over 4 years ago. I have since married and living in a home w/my husband in which his name only on the home loan, but my name is ***** ***** home title. The former boyfriend is stating he has married and they are not sure how long they can pay on both mortgages, and I guess there has not been an attempt to rent out that property. If they let that property foreclose is the home with my husband in jeopardy? sorry for the long explanation!
To protect our home from anyone attaching it to a lawsuit,
To protect our home from anyone attaching it to a lawsuit, which is the better option: Tenancy by the Entirety or putting it in an irrevocable living trust to our kids? The trust would be a QPRT so we can continue to live in the home. Would we still be able to sell the home if it's in a living trust?
I used to own a property that I managed through my LLC. The
I used to own a property that I managed through my LLC. The LLC owned the property. The property was put up for sale; however, there was an NOD on it due to the balloon payment due...however, it gave me time to sell it. It sold and while it was going through title, the pest inspection company arrived, conducted the work, and agreed for it to be paid through title. There is a clause in the contract that says, if more than 30 days, I will pay in full out of title. I ignored it because once title has it; they have it and that's pretty much it. The work was completed.Now, the new buyer/owner after conducting the final walkthrough, getting the keys from me, had decided the next day to NOT buy the house. They had called title to stop the payment. This threw a wrench in the entire purchase and sale. I had to sue the buyer to recover my costs and loss. Meanwhile, I did notify the pest company of this, informed them in emails that this will take a little more time because I was able to hold the escrow fee that would more than cover their costs while I take the buyer to court. I had showed them I had officially sued the buyer. They agreed to wait, but, during that time they filed a mechanic's lien on the property. There was nothing else other than this. They did not file any lawsuit or any other within the 90 days of filing their lien.During this time, I had tried to sell the property once again, but it was too late, the first mortgage holder closed on the house through foreclosure and took the property, then turned around and sold it. I had lost the court case due to a bad judge who did not know real estate law, he said, "well, she should be able to not buy it if she did not like it." OMG!!! So, I lost. Now, the pest company has an attorney threatening me to pay up "or else," but I do not see how? How can they collect? They are attempting to get it through me personally, and not the LLC, which I have informed them to go after because I did not personally own the property, it's a corporate entity. This attorney has not stated any laws or statutes, except that he pointed out the 30 days item that I ignored. It is my understanding that once they file a mechanic's lien on the property, that pretty much gives me time which I attempted to collect, but they had lost their opportunity on this due to it being past 90 days from filing; they did not file any lawsuit against the property.Can this company file anything on me personally? If so, how? But, the property was in an LLC, not me personally. What, if any, can they do? I'm trying to work things out, but now they are just going beyond and wanting more. I just need to know where I stand legally, and what they can do legally, if any.
Counselor at Law
Continuation of fraudulent conveyance question.....So bottom
Continuation of fraudulent conveyance question.....So bot***** *****ne is.....that a creditor who comes along in the future...lets pretend 1-2 years from now...does not have that 1 year period since the transfer was not hidden but instead public record. I read something written by Riker Danzig, which has a case on it "Sasco"...... http://riker.com/publications/… This is what is puzzling me. It seems that the Pliantiff would have had an additional year in that case....and it was a deed transfer. Am I misreading it?
I have a question regarding liens and real estate. I
Hi....I have a question regarding liens and real estate. I deeded title to our primary home to my wife over 5 years ago for $1. My question is if in the future a have a lawsuit and lien placed on me. Would the transfer...be considered a fraudulent transfer and could the plaintiff put a lien on our home. This is our primary dwelling. I read the Act...and is confusing to me when it comes to statute of limitations......As to transfers involving allegations of actual fraud, a cause of action with respect to such a transfer is "extinguished" unless the action is brought within "four (4) years after the transfer was made or the obligation was incurred, or, if later, within one (1) year after the transfer or obligation was or could reasonably have been discovered by the claimant."It seems that the 4 year period doesn't even count....