Not legal advice, for informational purposes only. New York homeowners are at a tremendous disadvantage when it comes to finding a knowledgeable attorney to provide an aggressive foreclosure defense to challenge their mortgage lenders in court. Which is why picking the right attorney for representation means the difference of “stopping foreclosure and resolving issues with the mortgage servicer to cancel foreclosure permanently” or Homeowners Losing in court! What’s worst is that after foreclosure takes place, many times Foreclosure Eviction follows! The majority of homeowners are not financially prepared to just up and move. Having to relocate takes planning and time and money to do so!
(The following is not legal advice or meant to be utilized as legal advice) Bankruptcy is often used by many homeowners to stop their mortgage foreclosure in the United States. Most often bankruptcy doesn’t exactly stop the foreclosure from happening forever, it’s simply a delay tactic. Where many homeowners even after filing bankruptcy are foreclosed on and even evicted later down the road. If homeowners and bankruptcy attorneys would get educated on TILA fraud violations and RESPA more foreclosure situations could be resolved in bankruptcy matters. What’s very sad is that many homeowners only file for bankruptcy protection because they have fallen beyond in their
If you live in Georgia and have a mortgage foreclosure, the best place to understand where to get legal help for a loan modification (especially if denied) is the Office of Attorney General Chris Carr! Find out what programs or assistance your state offers. In the state of Georgia, there are several options available to homeowners in a foreclosure situation: Here are some tips from the Office of Attorney General “Chris Carr” taken from their website. Contact your lender or servicer and make arrangements to cure the default. Usually, this means making a cash payment to bring the loan current. Contact your lender or servicer and make
(The following is not legal advice or intended to be used as legal advice.) RESPA can be a powerful New York Foreclosure defense. The problem is “how to avoid being labeled a deadbeat” among New York residents who just seriously don’t want to pay their mortgage notes. It seems some bad apples are causing others to suffer. Ask any ethical homeowner, if their “mortgage lender restructured payments that made the monthly loan payments much more affordable or maybe also included reducing the principal balance, would they jump on accepting such an amazing offer?” Likely, the answer to that question would be “heck, YES!” and their
Many times when homeowners are experiencing financial troubles, it’s easy to fall victim to loan modification schemes. However, there are loan modification warning signs to watch out for so that you don’t become a victim. Make sure that you fully educate yourself on what a loan modification is exactly and how getting approved for one can help to resolve your financial problems. Why apply for a loan modification? /p> If you can’t afford to make your mortgage payments, applying for a loan modification is a good way to permanently restructure your mortgage loan to be a more affordable payment. The purpose of a loan
(This is not legal advice, for informational purposes only). If your home is in foreclosure, the worst thing that you can do is “do nothing or wait” until the last minute to respond. In a foreclosure situation, you must act fast and the sooner you act the better chances you will have to resolve your foreclosure situation. However, most homeowners facing foreclosure, still don’t challenge their mortgage lender. The reason most homeowners don’t challenge foreclosure is that they lack knowledge and don’t understand that they have also “do have rights in a foreclosure matter.” Lenders and their lawyers are well aware of the rights homeowners have in foreclosure