News Topic: Foreclosure Defense

Texas law allows lenders to pursue deficiency judgments after foreclosure A deficiency judgment arises when the proceeds from a foreclosure sale fail to satisfy the outstanding mortgage balance, and a lender wins a lawsuit seeking payment of the ... Read full article

Good lawyers will not recommend filing bankruptcy if the benefit is not clear.  If you are giving up your house with only one mortgage and no other significant debt, many of us will typically advise against it.  But in Missouri that could change if the ... Read full article

You’ve been served a notice and foreclosure is impending. You feel helpless and want to save your home. There is something you can do. Foreclosure defense involves fighting back against a lender who is trying to foreclose to either stall the foreclosure ... Read full article

I get calls on a regular basis from Montana homeowners who need foreclosure help. Like many Americans, Montanans who have fallen on hard times and lost their jobs have not been able to keep up with mortgage payments, as a result, they are in foreclosure. ... Read full article

“A full-fledged recovery in the housing sector will likely elude the U.S. in 2012.” — Frank Nothaft, chief economist for mortgage-finance company Freddie Mac A rising number of foreclosures and a stagnant economy add up to another difficult year for ... Read full article

Over 40 states have already signed on to the sellout deal the corrupt politicians negotiated, so they could run for office beating their chests bragging about their tremendous accomplishment, with their mortgage company liege lords, who should have ... Read full article

Number 4.  You received a Summons and Complaint for foreclosure.  Now you are being sued by your mortgage company and in danger of losing your property.  You have a short period of time to respond, usually 30days or less in Illinois. ... Read full article

Written by Craig D. ... Read full article

If you are overwhelmed with debt, filing for chapter 13 bankruptcy may provide some relief. Chapter 13 provides debtors with an opportunity to restructure their outstanding debt and restore their financial health. Furthermore, in some situations chapter 13 ... Read full article

The Gogel and Gogel Foreclosure Blog The Massachusetts Supreme Judicial Court gets the foreclosure fraud problem and has strongly stated that parties filing foreclosure actions must have title to the mortgages they attempt to foreclose and must be able to ... Read full article

People who are facing mortgage foreclosure routinely ask me if they can get their house payment lowered by filing bankruptcy.  This question highlights a common misconception of bankruptcy law, and may be the result of news articles dealing with ... Read full article

If you are facing legal proceedings involving a landlord/tenant dispute, then you need an attorney. The Suffolk County District Court’s website says it best, and it’s best to take this warning to heart: Proceedings to recover real property require specific ... Read full article

Written by Craig D. ... Read full article

Countrywide Home Loans Will Pay $108,000,000 to Customers Affected by its Unfair Lending Practices – and Give Adequate Notice of its Charges to Debtors in Bankruptcy   This Department of Justice News Release is Reprinted Here as an Educational Service It ... Read full article

NACBA (National Association of Consumer Bankruptcy Attorneys) responded this weekend to the government’s latest approach to the foreclosure crisis with what many people are calling the Principal Paydown Plan. Rather than turn the United States into a ... Read full article

  It is of course a bad idea to file on your own, but I recognize that in some cases it is necessary as you may not have the funds to hire an attorney.  Sometimes, you can hire an attorney once you have filed, and your case can succeed.  It used to be a ... Read full article

The stagnant economy and depressed housing market has created a huge financial burden for millions of Americans. Many Americans are unemployed and having a difficult time keeping up with their debt obligations. Furthermore, declining home values are ... Read full article

A straw buyer is a fake buyer set up to defraud the mortgage company.  If an individual cannot qualify for a loan for a particular home, due to bad credit or some other reason, it may seem like a solution to ask a relative or friend to purchase the home ... Read full article