Posted by colvegas on March 16, 2006 at 14:20:41:
I think you should be getting with a good attorney to cover yourself since it sounds like this lender will file a lawsuit againest your asset to seize to repay the debt and or accelarating the note since you are behind…
Yes there is more you can do to protect yourself and of course I can not give legal advise but I would vest those properties into trusts to hide those other assets and do it soon since most attorneys will probably tell you it would be considered a fraudulent conveynce due to the timing of this action.
If you like feel free to call me at 702-400-7632 to discuss. I can help you with a trust for your real estate but as I said check with a local R/E attorney for help as well.