Search Results - Court of equity
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A chancery court, equity court or court of equity is a court that is authorized to apply principles of equity (as opposed to law) to cases brought before it. The decisions are not precedent setting. These courts began with petitions to the Lord Chancellor of England. Some common law jurisdictions--such as the American states of Delaware, New Jersey, Tennessee. and Arkansas--preserve the distinctions between law and equity and between courts of law and courts of equity. /a>
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Showing 1 to 8 of 8 Articles matching 'Court of equity' in related articles. |
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1. Foreclosure Revelations Part # 2 of 4
August 05, 2008
Foreclosure Revelations Part # 2 of 4
The borrower(s) or an engaged attorney can file a brief answer to the complaint and file with the court. If a timely answer to the complaint is filed, the borrower(s) may possibly gain an extra three to six months of time. If no answer to the complaint is filed, the lender(s) can usually get a default judgment after 30 days and can then position themselves to move quicker towards a public sale whereby the subject property is auctioned off to the public, with usually the lender taking back.
The dates, times and mechanics of these foreclosures act... (read more)
Author: Clint Cohen
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2. Risks Of Using Home Improvement Loans For Other Purposes
July 15, 2008
There is a common practice that consists on applying for secured home improvement loans and using the money for personal purposes. If unnoticed, this provides a cheap source of financing. However, depending on the loan contract, it can cause you several problems that can even lead you to court.
Though you may think that “it is only cheating when you get caught”, the risk implied in breaking the rules imposed by the home improvement loan contract should dissuade borrowers from changing the purpose the money originally had. The purpose of the money lent is a loan condition and misleading th... (read more)
Author: Melissa Kellett
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3. Loans: Reading About Equity Loans
April 21, 2008
Reading about equity loans is a start to finding the best deals online. When considering equity loans, you should make sure that all the details are available to put the ball in the borrower’s court. Thus, when considering loans, you must not be shy when speaking with lenders. You have a lot of money on the line, which is why you must be patient and in control when dealing with your lender. You should also know how best to negotiate; if you are nervous or panicking, then you may miss important details on the loan, which you may regret later.
Loans always have interest rates and some loans... (read more)
Author: Nicholas Tan
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4. Loans: How to Obtain Declined Equity Loan Support
April 20, 2008
If you were recently declined for equity loans, you may want to perform another thorough assessment of the market, since lenders are now opening the doors to bad credit borrowers, no credit borrowers, and current home borrowers. If you were recently declined after applying for home equity loan, it probably is because you had defaults on your credit report, were lacklisted, had court judgments, or had filed for bankruptcy, or had problems on your credit report.
This is why it is always wise to review your credit report before applying for a loan. the review will help you to see where you... (read more)
Author: Nicholas Tan
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5. Be Aware Debt Consolidation Loans Can Send You To Bankruptcy Court.
January 02, 2008
First what is a standard debt consolidation loan? This is when you use the available equity in your home, which is used as collateral to obtain a loan to help pay other debt usually credit cards and other unsecured debts. At first this should look like a very easy option to manage a debt situation that is spiraling way out of control. You simply get the secured debt consolidation loan enabling you to pay all your debts and then only have one monthly payment, instead of making multiple payments to all your various creditors throughout the the course of the month.
But let's take a closer loo... (read more)
Author: Stephen bis
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6. Foreclosures and Short Sales
December 14, 2007
Attempting to do a short sale may be a challenge when there a foreclosures on homes with multiple mortgages. For example, there may be a situation where the foreclosing lender with the highest amount due is in the second place, and the second lien holder with a substantially lower amount is in first place. This can happen because the second lien holder got to the courthouse first and recorded ahead of the larger mortgage holder.
In these situations, the largest mortgage holder is going to ask in the foreclosure action for the equity court judge to declare that the first lien be declare... (read more)
Author: Bryan Benson
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7. Obtaining Declined Equity Loan Support
December 03, 2007
Assessment of the market is necessary if your recently decline for a equity loan, since lenders are now opening the doors to bad credit borrowers, no credit borrowers, and current home borrowers. If you were recently declined after applying for home equity loan, it probably is because you had defaults on your credit report, were blacklisted, had court judgments, or had filed for bankruptcy, or had problems on your credit report.
This is why it is always wise to review your credit report before applying for a loan. the review will help you to see where you stand. Still, if you... (read more)
Author: Christian Okoye
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8. Problem Remortgage
October 11, 2007
If you have bad credit, poor credit, a County Court judgement against your name, are self employed and cannot provide proof of income, you will be pleased to learn you can still remortgage your property at the competitive rates and terms offered by lenders. A problem remortgage can be obtained throughout the United Kingdom as many lenders are eager to gain new customers and give them mortgages. Do not let poor credit or a change of employment stop you from seeking a remortgage.
A problem re mortgage is not difficult to obtain. Years ago, people with bad credit, a CCJ or who could not ... (read more)
Author: Steve Wheeler
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