Legal Question in Bankruptcy in Nevada

Re: First Trust Deeds

Yes you can but you must appear in BK court first. I can make that appearance for $ 750.00, then handle the foreclosure if you like under another agreement. Call me directly at 1.619.846.8947.

Re: First Trust Deeds

The loan servicing agreement is potentially an asset of the bankruptcy estate because it presumably generates income. Without reading the contract with the loan servicer, it would be difficult to advise you if you have the legal grounds to terminate the contract and switch to another company. One important step would be to contact the BK attorney to determine what position the loan servicing company has, if any.

If you are talking about initiating a nonjudicial foreclosure, you would need to pick another trustee for the deed of trust rather than handling it personally. In the case of a judicial foreclosure (a foreclosure), you could represent yourself or hire an attorney.

I have experience in bankruptcy and both types of foreclosures. Please contact me office if you wish to discuss the matter further.

Re: First Trust Deeds

The USA Capital Bankruptcy is starting to melt down. Many direct lenders want to do what you are doing but initially, Judge Riegle did not allow it. I don't know the current status and would charge $1000 to get permission from the court to allow it, presuming the bankruptcy court is now allowing foreclosures after receiving permission.