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Debt Relief – Insolvency – Bankruptcy Information » Entries tagged with "happens"

what happens to tax default prop in a court appt receivership?

I want to buy a tax deed prop in san bernardino co CA, but I found out the prop is held by a court appt reciever (attny)because the owner was arrested for land fraud in LA co.Neither the owner nor the receiver have paid the prop tax in many years. Is this prop a good ivestment? … Read entire article »

Filed under: Insolvency

what happens if a bankrupt company cancels its common stock?

if a bankrupt company cancels its common stock upon coming out of bankruptcy. what happens to the stock that i hold. is it worthless are do they make an offer to us? … Read entire article »

Filed under: Bankruptcy Info

What happens when a condo goes into receivership?

I live in an condominium complex that is currently in debt, with little reserves and not enough equity to even get a loan. The place is falling apart becasue we don’t have money for repairs. One option brought up is to go to court and get a state appointed receiver. What exactly does that entail? … Read entire article »

Filed under: Insolvency

What happens to the stock owners of a Ch.11 bankrupt company if the company is bought out by another company?

What happens to the stock owners of a Ch.11 bankrupt company if the company is bought out by another company? I own shares of a company that recently went into Ch.11 bankruptcy, and now I hear rumors of a possible buyout? What would happen to my shares if this happened? … Read entire article »

Filed under: Bankruptcy Info

What happens when a company goes into receivership?

I work for a hotel that is going into foreclosure. It needs a lot of rennovating. We are currently in what is called receivership. What usually happens, has anyone been through this? … Read entire article »

Filed under: Insolvency

What happens to the stocks of a bankrupt company if the company is bought by some other company?

What happens to the stocks of a bankrupt company if the company is bought by some other company. I am plaaning to buy stocks of Bearing point. The company is bankrupt now and selling its operations across the globe. What will happen to my stocks if I buy them? … Read entire article »

Filed under: Bankruptcy Info

receivership of home builder. Can we get our deposit back and get out of the contract if this happens?

I have a home building contract with a company that is speculated to go into receivership with Bank of America. The building process has not begun. Is there any way to get out of this contract and get our deposit back, or will the deposit be caught up in legalities? Should we wait to hear from the builder regarding the return of deposit or should we seek legal help immediately? … Read entire article »

Filed under: Insolvency

what happens when the bank goes bankrupt?

to what extent is the bank liable to pay all its deposits in case of insolvency or bankruptcy? i know the deposits are insured, but if my bank goes bankrupt do i recieve all my money back? … Read entire article »

Filed under: Insolvency

What happens to the tenants if my Arizona rental house is foreclosed?

Lawrence Pew, Pew Law Center, www.pewlaw.com – (480) 525-5351. Arizona Foreclosure Defense Law FAQs: thelaw.tv Disclaimer: thelaw.tv … Read entire article »

Filed under: Foreclosure Law

What happens after the rate-lock period? I’m in the middle of refinancing my mortgage.?

I secured a rate that’s locked for 60 days, but it already passed 60 days. It looks like the rate has dropped since I locked it. The lender still hasn’t finished processing my refi (they explained that they had to work on those first time home buyers so that they can get the credit). What options do I have? Can I demand that the lender use the current rate? Or am I stuck with the old rate? Please advise! … Read entire article »

Filed under: Mortgage Refinancing

What exactly happens to your credit if you do debt consolidation?

I have $7,000 in debt and I have heard about debt consolidation. Does this negatively affect your credit rating? Do you get to choose how much you pay monthly or is there a set amount they make you pay? I live in Canada, if that matters. … Read entire article »

Filed under: Debt Consolidation and Refinancing

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