Stop Bank Foreclosures Tips

4 responses so far ↓

• 1 King Violation. // Jan 25, 2008 at 6:09 pm

  Sure, my father stopped a foreclosure well the realtors did, on the home he is planning to purchase its a short sale, but they were set to foreclose this Monday, and he saved them with his offer. But you can too there some papers to submit. Sorry I couldn’t help much. =)

  Good Luck.

• 2 Bandit // Jan 24, 2008 at 7:27 pm

  You should see a bankruptcy attorney as soon as you can. Most offer a free initial consultation. Contacting the bank to get them to work with you is probably a waste of time.
  Good luck.

• 3 borrowerhotline.com // Jan 22, 2008 at 11:46 pm

  Yes, but it’s a secret….I’ll share with you! First, when you say “stop” do you understand you are halting the process only and not the lenders rights under sate code. Anything can be negotiate up till a notice of sale (i.e. California). Then all bets are more or less off. If you want to negotiate a settlement then talk to the lender before a sale date is set. Attorneys can also seek a temporary injunction for a valid claim against your lender.

  NOW THE SECRET: But if you think you have a wrongful foreclosure action then DON’T stop the process – let it continue. After the home goes back to the lender it’s only then you have grounds for a wrongful claim. Stay in the home afterwards by responding to the unlawful detainer the lender will file to have you removed. Make your claim strong as to decepetive and predatory isntances a good auditor can determine for you. Some folks have gotten back their home at 50 cents on the current loan against their house under a negotiated settlement.

• 4 Nibblet // Jan 20, 2008 at 5:54 am

  also, check with the local government office in your area. Congress has approved money to assist people with foreclosure as well.

  Here are some government resources:

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