Car Reaffirmation Agreement

The Law Office of Raymond A. Kenney, PLLC can: 1) Stop your home foreclosure, or strategize your foreclosure to save you money and remain in your home longer; there are significant legal and tax consequences involved in a foreclosure. Depending on your particular circumstances it is possible that the bank may foreclose on your home and still sue you for the difference between the amount of the mortgage and the amount obtained at the foreclosure sale (a deficiency judgment). It is also possible that in the view of the IRS any amount not paid by you as a result of the foreclosure will be considered to be income in the amount of the unpaid debt.

2) Negotiate with creditors regarding payoff schedules, payoff amounts and loan terms. 3) Make sure that the Fair Credit Reporting Act and Fair and Accurate Credit Transactions Act along with other laws are followed by creditors which will keep your creditors from harassing you.

Contact information:

Phone: (623-234-3536

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Law Office of Raymond A. Kenney,PLLC | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »


Raymond A. Kenney is the founding member of the firm. He has been licensed to practice law since... View Profile »

Follow Law Office of Raymond A. Kenney,PLLC:

Reporters on Deadline

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.