Category Archives: Foreclosure Defense
You Can Fight Against a Foreclosure Deficiency Judgment
If you are in foreclosure, and you lose the case (or you decide not to challenge the case at all), you may be hit with a double insult: The foreclosure and loss of the home itself, but also, the entry of a deficiency judgment against you. What is a Deficiency Judgment? A deficiency judgment… Read More »
What is Reinstatement and How Bank Errors Can Keep Homeowners in Foreclosure
When a homeowner is put into foreclosure, the initial reaction may be to fight the foreclosure. That is very valid; many foreclosures are fraudulent, instituted by the wrong party, or the bank simply doesn’t have the paperwork that it needs in order to foreclose. What is Reinstatement? Sometimes the homeowner wants to get current,… Read More »
Should You Worry About Second Liens Foreclosing?
When we talk about being in foreclosure, usually we talk about foreclosure on first liens—that is, the primary loan that you took out when you bought the home. First loans are called first because they are usually the first loan that you borrowed to buy the home that you are in. Second Loans But… Read More »
CARES Act Gives Some Relief to Homeowners in Foreclosure
Government help in the Coronavirus crisis isn’t just coming in the form of checks. It’s also coming in the form of relief for mortgage borrowers and renters. With provisions similar to those that were implemented after the 2008 housing crisis, these new laws—called the CARES act—can be powerful tools to help borrowers in need… Read More »
Foreclosures and the Professional Witness
In court, to win a case, you need witnesses. As a general rule, in order to testify, witnesses have to have some basic personal knowledge about whatever testimony they are giving in court. When it comes to foreclosures, banks have developed a special way of getting around this hurdle: professional witnesses, whose sole job… Read More »