Even if you are unable to make your monthly payments, do not assume the bank has the right to foreclose on your home! The bank must have pr ...
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Defend Foreclosure and Win
Get More Time
If you have been served a foreclosure lawsuit and need more time to evaluate your options, file a "Motion to Extend Time." This motion will ...
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How to Answer
A lawsuit is a legal action filed by a party seeking to enforce his or her legal rights. A foreclosure action is one whereby a lender seeks ...
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Deficiency Collection after Foreclosure
Added on: 22-02-2012 by: tdoucet
Lenders are beginning to collect on deficiencies. See this interview with Attorney Troy Doucet:
http://www2.nbc4i.com/news/2012/feb/21/banks-collecting-loan-balances-00439-vi-38069/
Changes to HAMP - Principal Reductions??
Added on: 03-02-2012 by: tdoucet
On January 26th, the Obama Administration and the Treasury Department announced changes to the Home Affordable Modification Program and the Home Affordable Refinance Program to encourage more troubled homeowners to apply.
The Obama Administration first introduced HAMP and HARP as its signature attempts to stem the rising tide of nationwide foreclosures. The programs encourages mortgag