Q2: How can I buy an auction property?
Answer: After a property owner misses several mortgage payments, the owner has a pre-foreclosure grace period of a few weeks to a few months -- depending on the state -- to bring the payments up to date and stop any foreclosure proceedings. If the owner does not bring the delinquent payments up to date during the pre-foreclosure period, the property will be sold at a public auction.Chapter 13 is called "debt adjustment.
When to consider Bankruptcy?
The most common sign that you may need to file for bankruptcy is that you cannot pay your debts as they come due. If you are borrowing on credit cards, using loans to make your monthly payments, or if you are considering a consolidation loan, you may need to consider filing some form of bankruptcy, generally either a Chapter 7 or a Chapter 13 bankruptcy. Another common sign, is if collection agencies are calling or writing you, or if you are being sued, or garnished.No problem at all.
What if I have poor credit?
No problem at all. In fact, your credit history is irrelevant. We know how mortgage lenders think, and we negotiate with them on your behalf without any reference to your credit rating. Once we stop foreclosure and save your home, we've also put you on the road to a better credit rating in the future.Chapter 13 is called "debt adjustment." A Chapter 13 is a repayment Plan where you pay back all or part of your debts over time, up to five years.
How long does the foreclosure take?
You can usually expect that the foreclosure proceeding will take approximately four (4) months from the date of recording the Notice of Default. Most borrowers stop the foreclosure before the sale by reinstating or refinancing the property to pay the loan in full. The time schedule is as follows: THE REINSTATEMENT PERIOD: Starting with the date the Notice of Default is recorded, there is a three (3) month reinstatement period.The most common sign that you may need to file for bankruptcy is that you cannot pay your debts as they come due.
Are you going to tell us to file bankruptcy?
No. Bankruptcy is never a good solution for families who are behind on their mortgage. Bankruptcy may delay foreclosure, but it doesn't stop it and does not save your home.Filing a Chapter 13 will stop your mortgage company from pursuing foreclosure.
Why would I need this service?
If you get sick, you go to a doctor. If you have legal problems, you seek the services of an attorney. When you need assistance with your mortgage, seek the services of a certified lender mediation expert (Certified Loss Mitigation Specialist). This service can not only stop the foreclosure and save your home, it can also save you thousands of dollars.You should now stop making all mortgage payments and real estate tax payments, and make preparations to move within one to three months, depending on whether the court has started foreclosure proceedings. You should however, if possible, retain liability insurance only, in case persons injure themselves on your property prior to any sheriff sale. - 16738
Answer: After a property owner misses several mortgage payments, the owner has a pre-foreclosure grace period of a few weeks to a few months -- depending on the state -- to bring the payments up to date and stop any foreclosure proceedings. If the owner does not bring the delinquent payments up to date during the pre-foreclosure period, the property will be sold at a public auction.Chapter 13 is called "debt adjustment.
When to consider Bankruptcy?
The most common sign that you may need to file for bankruptcy is that you cannot pay your debts as they come due. If you are borrowing on credit cards, using loans to make your monthly payments, or if you are considering a consolidation loan, you may need to consider filing some form of bankruptcy, generally either a Chapter 7 or a Chapter 13 bankruptcy. Another common sign, is if collection agencies are calling or writing you, or if you are being sued, or garnished.No problem at all.
What if I have poor credit?
No problem at all. In fact, your credit history is irrelevant. We know how mortgage lenders think, and we negotiate with them on your behalf without any reference to your credit rating. Once we stop foreclosure and save your home, we've also put you on the road to a better credit rating in the future.Chapter 13 is called "debt adjustment." A Chapter 13 is a repayment Plan where you pay back all or part of your debts over time, up to five years.
How long does the foreclosure take?
You can usually expect that the foreclosure proceeding will take approximately four (4) months from the date of recording the Notice of Default. Most borrowers stop the foreclosure before the sale by reinstating or refinancing the property to pay the loan in full. The time schedule is as follows: THE REINSTATEMENT PERIOD: Starting with the date the Notice of Default is recorded, there is a three (3) month reinstatement period.The most common sign that you may need to file for bankruptcy is that you cannot pay your debts as they come due.
Are you going to tell us to file bankruptcy?
No. Bankruptcy is never a good solution for families who are behind on their mortgage. Bankruptcy may delay foreclosure, but it doesn't stop it and does not save your home.Filing a Chapter 13 will stop your mortgage company from pursuing foreclosure.
Why would I need this service?
If you get sick, you go to a doctor. If you have legal problems, you seek the services of an attorney. When you need assistance with your mortgage, seek the services of a certified lender mediation expert (Certified Loss Mitigation Specialist). This service can not only stop the foreclosure and save your home, it can also save you thousands of dollars.You should now stop making all mortgage payments and real estate tax payments, and make preparations to move within one to three months, depending on whether the court has started foreclosure proceedings. You should however, if possible, retain liability insurance only, in case persons injure themselves on your property prior to any sheriff sale. - 16738
