It is possible to stop a foreclosure by filing a Chapter 13 bankruptcy. Chapter 13 allows you to repair the mortgage default prior to the lender selling your home. In California, a lender must give a borrower ample notice that they are in default and give them warning of their intention to foreclose. In California, a lender must strictly comply with a foreclosure laws prior to selling a home. If you have received a foreclosure notice, it is best to consult with a stop foreclosure attorney to … [Read more...] about How Does Chapter 13 Stop Foreclosure?
Stop Foreclosure
Can You Stop Foreclosure?
Foreclosure is a legal process in which a mortgage holder or a lender (a creditor) can get property repossessed or sold for the purpose of paying off the debt that has been incurred on the property. After the borrower starts missing payments on the mortgage, a CA foreclosure process usually begins after 3 consecutive missed payments. At this point, the lender will file a Notice of Default (NOD). In accordance with the California foreclosure laws, an official NTS notice (Notice of … [Read more...] about Can You Stop Foreclosure?
How to Stop or Postpone a Foreclosure Sale Date
Many homeowners believe once they’ve received a letter saying their home is being foreclosed on, all hope is lost and they have no option to turn it around. Some people even make an effort to move out once the letter arrives because the foreclosure sale date has already been set. All it takes is to know how to postpone a foreclosure sale date to stop foreclosure. Some folks are not aware of the fact that home foreclosure can actually be stopped or postponed. Experienced foreclosure … [Read more...] about How to Stop or Postpone a Foreclosure Sale Date
HOW TO STOP FORECLOSURE AUCTION
Knowing how and when to get help to stop foreclosure auction is critical to stop the sale date. Facing a foreclosure auction on your home or business property can be quite distressing, even for the calmest individuals. Ever since the economic recession, foreclosure auctions in Los Angeles have been very active. The prospect of losing property in a foreclosure sale is frightening and many people don't know how best to prevent the loss of their property. There are several strategies to stop a … [Read more...] about HOW TO STOP FORECLOSURE AUCTION
Filing Bankruptcy to Avoid Foreclosure
Filing Bankruptcy is an effective way to avoid foreclosure. It can guarantee a foreclosure stop. If you are facing foreclosure in Los Angeles California, filing bankruptcy is one of the ways to delay or avoid the loss of your property. In all but a very few cases, filing Chapter 7 bankruptcy will help to delay the foreclosure of your home by several months while a Chapter 13 bankruptcy will stop the sale or foreclosure of your property altogether. Filing bankruptcy to avoid foreclosure is one … [Read more...] about Filing Bankruptcy to Avoid Foreclosure
How to Stop a Foreclosure
When receiving a notice of default or notice of trustee sale, it is critical to take legal action immediately to stop the sale. You can call and speak with our attorneys for a free case evaluation. On the first call, our foreclosure attorney will let you know how to stop a foreclosure and what is the best legal option for you. From legal stand point, there are 2 legal ways to stop a foreclosure quickly: filing bankruptcy and filing a lawsuit to fight illegal foreclosure. How to Stop Foreclosure … [Read more...] about How to Stop a Foreclosure