Foreclosure

Legal Guides for Foreclosure

  1. Judicial Foreclosure Process

    Margery Ellen Golant

    The Foreclosure Process. Foreclosure is the process by which the lender takes control of the property which was pledged as collateral for the mortgage debt and sells the property to raise money to... more

  2. Nonjudicial Foreclosure Process

    Margery Ellen Golant

    Foreclosure is the process by which the lender takes control of the property which was pledged as collateral for the mortgage debt and sells the property to raise money to pay on the debt created by... more

  3. How does the process of foreclosure work?

    Jose Ignacio Carrillo

    Respond/Hire an attorney. The law generally requires that a Defendant defend a complaint for foreclosure by responding within twenty (20) calendar days. It is important that you protect your... more

  4. Four Ways to Avoid Foreclosure

    Teisha A. Powell

    Know your monthly budget. The Federal Government recently designed a program to specifically help troubled borrowers save their homes from foreclosure. That program is called “Hope Now.” The program... more

  5. What is foreclosure?

    Margery Ellen Golant

    What is a mortgage ? A mortgage is a debt agreement that is made between a person who wants to borrow money and a lender. The major difference between mortgages and other sorts of debts is that the... more

  6. Foreclosure Procedure in Texas

    Robert W. Doggett

    Loss Mitigation (Payment Arrangement, Loan Modification). Early on, a lender will start making calls and sending the borrower letters reminding the borrower to pay. Borrowers can workout payment... more

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