Foreclosure Defense
Foreclosure Defense
I hear it all to often, I wrote a letter to the court explaining my situation. The act of a Foreclosure is no different than any other type of civil procedure, YOU HAVE BEEN SUED. The fact that the suit concerns you house makes this all the dangerous. I don’t care what the lender or the party servicing the loan told you over the phone. I don’t care how nice they sound and the assurance they gave you that they are willing to work with you. Or did they tell you not to worry about the Foreclosure as you were under review for a Loan Modification or Short sale?
Remember one thing, once they (the lender) get a final summary judgement all bets are off. What this means in real terms is simply this, as you sit back and do nothing they continue to proceed with the litigation (Foreclosure process) while all along telling you they are reviewing the file, waiting for approval or whatever other nonsense they pass along. What the lender really desires is you sit back and let them do their thing. Do you know that eighty five percent of all foreclosures go uncontested?
