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?
Can You Stop Foreclosure
Temporary Restraining Order Can Stop Your Foreclosure
Most lenders do their best to give homeowners hope that they will be able to avoid foreclosure up until the last possible minute. Essentially, the mortgage company doesn't want you to take legal action to stop the foreclosure, so they leave you with as little time to act as possible. This is why our firm receives calls from homeowners with just days until their foreclosure sale date who are looking for options to stop the auction. In these cases, homeowners are forced to file a Temporary … [Read more...] about Temporary Restraining Order Can Stop Your Foreclosure