Declaring bankruptcy to avoid foreclosure is a popular topic, but you should be wary of it. Bankruptcy is a legal process involving your debt that can have a lot of long-term negative consequences. If you’re looking to find out if bankruptcy will stop foreclosure, you may want to consider all of your options before you decide to file for bankruptcy.
Mortgage forbearance is an agreement between you and your lender in which you agree to temporarily pause your mortgage payments. Depending on the factors of your specific agreement, your mortgage forbearance could include a variety of terms.
A mortgage forbearance is a short-term mortgage relief agreement between a homeowner and a lender. During a forbearance agreement, mortgage payments are reduced or suspended for a set period of time.
Mortgage servicer changes occur more often than you may think. If you have a mortgage, this could happen to you at any point throughout the life of your loan. After a mortgage servicer change, issues with loan payments are more common than they should be. There are a variety of causes for issues in mortgage…
No one should have to worry about not being able to keep their home. If you’re concerned that you might be heading towards foreclosure, or if you have already received a Notice of Intent (NOI) to foreclose letter, there may still be steps you can take to stop or avoid foreclosure.
A common question we get is, “can a foreclosure lawyer stop foreclosure?” The short answer is yes, a lawyer may be able to stop foreclosure, but it depends on the situation. Working with a foreclosure lawyer to help you throughout the foreclosure process brings a wealth of knowledge to help you in your case.
A short sale is an option you can explore to potentially avoid foreclosure, but depending on your situation, it may not be the best option.
After a foreclosure ruling, your first concern is likely whether or not you’ll be evicted and where you’ll live if you are. You may not know that even when your house has been foreclosed on, you could still have options to stop an eviction. If you are a homeowner facing eviction after foreclosure and hoping…
Foreclosure defense is a legal strategy to stop or delay a foreclosure. There are many different mortgage foreclosure defense strategies that can be used, depending on the details of your foreclosure case and what will work best for your specific situation.
While you can represent yourself in a foreclosure case, it may not be the best solution. A foreclosure attorney can use their experience to navigate the foreclosure process efficiently and may even know of alternative routes to take to protect your home from foreclosure.