Foreclosure Legal Guides (169 found)

Written by Yael Kaner
If you are confused about all the terms tossed around and are unsure about what options you have and what is best for your family....you are not alone. Below is a short attempt to provide some guidelines. For your specific case, it is best you contact an attorney.
0 of 1 users found this helpful. Posted 3 months ago in Foreclosure.

Written by Howard Robert Roitman
If It's Too Good to be True, It Probably Is. To protect yourself from opportunity hunters and frauds: * Contact your lender or mortgage loan servicer and try to negotiate a payment plan. * Work with reputable Lawyers & non-profit housing or financial counselors.
1 of 2 users found this helpful. Posted about 1 month ago in Foreclosure.

Written by Joshua David Donnelly
This is a basic outline of the steps involved in a judicial foreclosure in Florida. It is meant for non-attorneys who may be confused as to the general timeline and steps involved when they are looking at foreclosure.
Posted about 1 month ago in Foreclosure. Jurisdiction: Florida

Written by Rodney H Grafe
Yes, but fortunately, many lenders are trying to work with people to "modify" an existing loan. When it does not work out there can be a VERY short period between finding out the answer is "no" and a foreclosure sale date. Filing a Chapter 13 bankruptcy may be the only way to save your home.
Posted about 1 month ago in Foreclosure. Jurisdiction: Federal

Written by Josef Culik
How to stop foreclosure and modify your mortgage -- Tips from a Massachusetts lawyer. Attorney Josef Culik is a Massachusetts-licensed lawyer and founder of Culik Law P.C. His office assists Massachusetts homeowners with foreclosures and difficult loan modifications.
Posted 2 months ago in Foreclosure. Jurisdiction: Massachusetts

Written by Jeffrey Lawson Baxter
Whenever a Borrower delivers to a lender a deed-in-lieu of foreclosure, usually in exchange for the lender's release on the Borrower's mortgage, under Florida Statutes §201.02(1) the release will be considered a discharge of an obligation and qualifies as "consideration" under Rule 12B-4.013(2)
1 of 2 users found this helpful. Posted 2 months ago in Foreclosure. Jurisdiction: Florida

Written by Edward W. Harness
Wisconsin is a Judicial Foreclosure State, in other words the lender must sue you in order to take possession of you home. Unless, you consented to a "power of sale clause" then the Non-Judicial Foreclosure process must be followed.
Posted 17 days ago in Foreclosure. Jurisdiction: Wisconsin

Written by Warren Alan Kirshenbaum
A recent Massachusetts Land Court decision invalidated certain foreclosure sales because the foreclosing entities were not the mortgage holders “at the time” of the foreclosure, nor did they have a valid assignment of the mortgage pursuant to Massachusetts law. This opens up a realm of possibilities
Posted 10 days ago in Foreclosure. Jurisdiction: Massachusetts

Written by Dillon Gardner Coil
On August 19th, the Nevada Supreme Court appointed the first 97 mediators pursuant to the landmark Foreclosure Mediation Program (Assembly Bill 149) passed by the Nevada Legislature during the 2009 session. Two of those mediators include our very own Keen Ellsworth and Todd Moody.
Posted 8 days ago in Foreclosure. Jurisdiction: Nevada

Written by Richard L. Weldon II
The key to every mortgage foreclosure is to understand and address both arms of the foreclosure process - the bank arm and the legal arm. The bank arm consists of negotiations with the bank concerning loan modifications, short sale, or deed in lieu. The legal arm is the defense against the lawsuit.
Posted about 1 month ago in Foreclosure. Jurisdiction: Florida

Written by Felix R. Carrillo
Yes! The foreclosure process is handled by the lender's attorney and many times they are not in contact with the lender directly as they get hired by a third party servicer or administrator. Until you reach a written agreement modifying your loan you must file some sort of a response.
Posted 23 days ago in Foreclosure. Jurisdiction: Florida

Written by Leonard Peter Cabral
Federal law now applies to tenants in state foreclosure proceedings. Judges can no longer issue a Writ of Possession for a tenant in possession of a home they occupy under an oral or written lease.
Posted 21 days ago in Foreclosure. Jurisdiction: Florida

Written by Margery Ellen Golant
The law varies greatly from state to state regarding deficiency judgment availability and enforcement after foreclosure. A deficiency judgment allows a lender after foreclosure to sue on and to collect the remainder of the loan balance. In Florida, there is a very real risk of deficiency judgment.
14 of 19 users found this helpful. Posted 11 months ago in Foreclosure.

Written by Moises Aguilar
You or your loved one lost a job, became ill, or otherwise suffered a hardship that has put you face-to-face with F-word. This guide provides you with some observations on how to [better] deal with Foreclosure. These observations are drawn from my experiences with real stories - my clients.
8 of 9 users found this helpful. Posted 20 days ago in Foreclosure. Jurisdiction: California

Written by Ahmad Tayseer Sulaiman
Reinstatement of the loan is a right given by the Illinois Mortgage Foreclosure Act which allows the Mortgagor (the Borrower) to cure the default.
3 of 3 users found this helpful. Posted 6 months ago in Foreclosure. Jurisdiction: Illinois

Written by Ahmad Tayseer Sulaiman
A Borrower in Foreclosure has the right to refinance, however finding a willing lender is difficult.
3 of 3 users found this helpful. Posted 6 months ago in Foreclosure. Jurisdiction: Illinois

Written by Ahmad Tayseer Sulaiman
Often when asked what defenses an individual may have against a bank in foreclosure case, Attorneys will say there is no known defense. The fact of the matter is there are defenses and everyday people are saving their homes by becoming informed on this important subject.
3 of 3 users found this helpful. Posted 6 months ago in Foreclosure. Jurisdiction: Illinois

Written by Ahmad Tayseer Sulaiman
This is the industry terminology for when the Borrower goes on the offense and actually sues the lender for the wrongs committed upon the Borrower.
3 of 3 users found this helpful. Posted 6 months ago in Foreclosure. Jurisdiction: Federal

Written by Ahmad Tayseer Sulaiman
With the explosion of Foreclosures coupled with the massive lack of information about the subject matter has resulted in many people falling victim to scam artists claiming that they can help.
3 of 3 users found this helpful. Posted 6 months ago in Foreclosure. Jurisdiction: Federal

Written by Ahmad Tayseer Sulaiman
Few people know much about the process. Foreclosure law is a very specialized area of the law. Because no two Foreclosures are identical, general answers are often wrong. Finding individuals to give good advice is often difficult.
3 of 3 users found this helpful. Posted 6 months ago in Foreclosure. Jurisdiction: Illinois