Ashley D. asked

⚖️  Law

If you are on a repayment plan for being one month behind on payments, how long does repossession typically take, and can they go after you for the difference? Additionally, if the IRS sends a 1099 because your house sells for less than what you owed, can you claim a loss for the difference?

July 24th, 2023

Barbara B. answered

In Nevada, a foreclosure typically takes approximately 4-6 months. Initially, a 'Notice of Default' ...

July 24th, 2023

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