When you file for BANKRUPTCY IN MICHIGAN there are 3 things that you never do: 1. Never lie. – tell the truth – fraud in an Bankruptcy proceeding is a 2 year felony and up to a $250,000 fine. 2. Don’t make any preference payments or transfers – you can’t prefer one creditor over another…
Archives for March 2012
What is a “QUALIFIED WRITTEN REQUEST” under the Federal Servicer Act which allow me to get all of the documents relating to my home mortgage loan when I am trying to negotiate a LOAN MODIFICATION IN MICHIGAN?
Here is a sample letter. You will find the proper address on the back of your mortgage statement. This letter is written from a lawyer’s perspective and would require an authorization and release. If you send it yourself, you would not not need a separate authorization and release. You (and your co-borrower – typically your…