Open Question: when it comes to bankruptcy, short sale vs foreclosure vs IN REM?

Open Question: when it comes to bankruptcy, short sale vs foreclosure vs IN REM?
anyone understand or know anything about this? im filing chapter 7 soon and im trying to figure out all these terms and options so I dont let a lawyer confuse me too much.
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Open Question: Can Obama and McCain square off over economy???
ST. LOUIS (Reuters) - Democrat Barack Obama on Monday called for a second stimulus package to boost the ailing U.S. economy, while Republican John McCain tried to paint his presidential rival as a tax-and-spend liberal in a battle over who can best handle voters' No. 1 concern. ADVERTISEMENT With Americans returning to work after the Independence Day holiday weekend, both candidates turned to the economy in a bid to win over voters wrestling with home foreclosures, job losses and the soaring cost of gasoline. Obama called for a $50 billion stimulus package to fight foreclosures and offset high energy prices. He said he would tighten rules for credit card companies and relax bankruptcy laws to help those struggling with debt. Obama said McCain, like unpopular President George W. Bush, would favor the wealthy over the middle class if he won the November election. "He trusts that prosperity will trickle down from corporations and the wealthiest few to everyone else," the Illinois senator said in prepared remarks originally scheduled for delivery in Charlotte, North Carolina. "I believe that it's the hard work of middle-class Americans that fuels this nation's prosperity." Obama changed his plans and decided to give his speech in St. Louis after mechanical issues forced his plane to land there. ECONOMISTS' SUPPORT McCain, who has been haunted by his earlier remark that he is not an economic expert, released a statement of support by 300 economists, many of them former Republican government officials. McCain was expected later to outline in detail how he would balance the federal budget by 2013 and argue that low taxes will give the economy a needed shot in the arm. "Sen. Obama's tax increases will hurt the economy even more and destroy jobs across this country," McCain will say in Denver, according to prepared remarks. "At a time of increasing gas and food prices, American families need tax relief and I, not my opponent, will deliver it." Income taxes are a key difference between the two candidates. McCain wants to keep in place Bush's 2001 and 2003 tax cuts, which are set to expire at the end of 2010, and he would double a $3,500 deduction for parents. Obama would let the Bush tax cuts expire for those making more than $250,000 per year. He proposes a $500 per person tax credit and would eliminate taxes for elderly people making less than $50,000 per year. Under Bush, the U.S. government's debt has nearly doubled to $10 trillion. Bush could leave his successor a record $500 billion budget deficit. The candidates disagree in other areas connected to the economy, including trade and health care reform. Both propose spurring job growth through programs to increase U.S. use of solar, wind and other renewable energy sources. McCain had help getting his message out. The Republican party released a TV ad portraying Obama as obstructionist on energy reform, while publishing heir Steve Forbes, a former Republican presidential candidate, criticized Obama for voting for a Senate budget plan that would roll back the Bush tax cuts for those who make as little as $32,000 per year. Separately, former eBay Inc. CEO Meg Whitman, a McCain supporter, praised his economic plan. "We will have lower taxes that will accelerate growth in the economy and we will get government spending under control," Whitman said on ABC's "Good Morning America."
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Open Question: List of foreclosure homes?
Where can I obtain a list of forecloser homes for NYC and Nassau county, NY for free?
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Open Question: Taking 401k money to pay off late mortgage payments: is this an option?
I am sure that if someone is facing foreclosure on their home, that they have the option to take money out of their 401k without penalty. Is this accurate? Thanks.
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Open Question: Can someone explain to me James Marcia's Identity diffusion, foreclosure, moratorium and achievement statuses?
I'm reading my psych book (this is the only psych I have to have!!) and the definitions for these identities do not make sense to me! It says for example that identity diffusion is when individuals have not experienced a crisis or mady any commitments. This does not make sense to me!! Sorry! What kind of crisis, what kind of commitment? Is there anyone who can explain this to me in English and not 'psych talk' ?? They are all confusing to me!!
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Open Question: Subsisize Housing?
Would it be a good idea for government to subsidize homeowners in foreclosure so they could keep their homes? What would be the advantages and disadvantages?
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Open Question: Can I refinance a 2nd mortgage I co-signed to buy a home?
This may sound really stupid, but I'm new at this whole thing. I co-signed a 2nd mortgage for a family member when I turned 18. I know, dumb me. Well the home has sat empty for a year, almost two, since about one year after I signed the mortgage. It has been in foreclosure but is not yet foreclosed. I fought the claim on my credit and the results of the investigation were that it was deleted from my credit report. Or so I thought. I filed with Experian, used TransUnion to check that the charge was gone, and it was. At the time, I was unable to view my Equifax report because they needed me to verify the information on the mortgage for which I had no paperwork. Come to find out, the charge is still listed with Equifax. Now I am in the postion of either A) waiting another 30 days during which time the mortgage company has yet another chance to prove the charge, basically giving them 60 days instead of 30, since they already had 30. Not sure if I have that kind of time. I need to either buy or rent SOON. Like, by October at the latest. My other option, I think it's an option, which is my question, is B) refinance the 2nd mortgage with FHA to include enough to either short sale the first mortgage and live in the 4 BD house which is a lot more room than we need, or use the remaining to buy a different house. Is that possible? Other than this loan I have minimal debt, and between my fiance and I, can afford a decent mortgage. Obviously I'd rather have the whole thing taken off of my credit, but waiting 30 days to MAYBE be able to START the home buying process is way longer than we can wait. So can I refinance the 2nd mortgage since I'm not on the first, to include only myself. And if so will they allow me to refinance for as much as I would qualify for? The mortgage is 25K, will the refi me for 125K, or is that too high? How could I buy the house from the owner when my problem to begin with is not being able to get financing. I can't get a loan, because it shows as a foreclosure, even though it has only been filed and not completed.
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Open Question: If I have multiple loans on unrepairable investment fixer upper properties, can I walk with left over money?
I have several properties i purchased on foreclosure for cheap and i got the full value or 80% of the property on many of them to fix them up to sell and rent out…problem is only a couple of them will be repairable and I am deep deep into the money for these homes, if I walk away from this with the left over money and let the bank forclose, can I get in trouble? I was just going to file for bankruptcy…any thoughts on this? I am young and inexperienced in financial matters, I just know carpentry
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Open Question: have filed bankruptcy and my house also went into foreclosure .?
We have filed bankruptcy and our house also went into foreclosure. At this point we need to rent for the time being will a rental facility have to know about the bankruptcy and foreclosure issue? How does it look for us we obviously need to rent either a house or an apt. we need a place to live. Serious responses ONLY. Thank you
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Tags: home equity loan, foreclosure