Tag Archives: foreclosure
You Probably Won’t Lose Your Home in Bankruptcy
Does Bankruptcy Make You Lose Your Home? Losing a home is a tragic event on its own. Getting your home taken from you can also be a very emotional event especially if the home holds many family memories and history over a long period of time. The loss of a house is tough just as Continue Reading
Bankruptcy Attorney Can Use Chapter 13 To Resolve Foreclosure
The presentation below breaks down how a Chapter 13 can be utilized to immediately stop a foreclosure and reorganize your situation. When you are facing foreclosure, the process seems to be out of your control. Dates are set and you have nothing to do with the dates that have been set for your home to Continue Reading
How a Bankruptcy Lawyer Can Use Chapter 7 To Stop Foreclosure
Below is a presentation that describes the process of how Bankruptcy Law Professionals can utilize Chapter 7 bankruptcy as your bankruptcy lawyer to stop a foreclosure sale. A Chapter 7 bankruptcy will eliminate your unsecured debts and will also halt all collections activities. A foreclosure is considered a collection activity by the bank, lender, or Continue Reading
Notice of Defaults in Riverside and San Bernardino
In the counties of Riverside and San Bernardino, there have been 2,585 properties that were in a Notice of Default status at some point within the past 120 days. A Notice of Default is assigned to a property when a mortgage loan on the property is behind on payments for 90 days or more. This Continue Reading
Can You Short Sale Your Property If You File Bankruptcy?
A short sale is a real estate negotiation between the home owner and the mortgage bank. Your real estate agent should be one that has had some experience with short sale negotiation with a mortgage bank. With the proper guidance from a short sale specialist real estate agent, you may be able to sell a Continue Reading
Orange County Bankruptcy and The Holidays
Bankruptcy is normally avoided during the holidays because most of us are much too busy making our holiday plans, visiting relatives, cooking for families, and, of course, buying presents. Bankruptcy Law Professionals would like to remind you that we are open all through the holidays except for Christmas day and New Year’s day. As we Continue Reading
Loan Modification and Short Sale Dual Tracking
Many families and individuals who are dealing with an upside down mortgaged home and an unaffordable mortgage payment have sought relief via loan modification. Unfortunately, there are major financial institutions that continue to entertain the possibility of a loan modification while they also simultaneously pursue a foreclosure through a foreclosure sale or auction. It is Continue Reading
Bankruptcy and Eviction
Bankruptcy Law Professionals can help you manage your eviction process with bankruptcy protection. Bankruptcy protection is a powerful tool to help you get control of a situation that is unpredictable. A foreclosure can leave you in an unsettling position where you are unsure of how long you will be in your home and how much Continue Reading
How to Postpone or Stop Foreclosure
In the recent months, foreclosure postponement or foreclosure cancellation has seen a dramatic increase. California foreclosure cancellations were up 62.1 percent from September to October, and 36.7 percent compared to last year in September. There is speculation that this spike is due to banks committing to prevention of dual tracking of homes that are both Continue Reading
Still Think Loan Modification Might Be Your Next Move?
Loan Modifications have been in our local real estate language for several years now. Programs under HAMP or Home Affordable Modification Program have many different programs that are supposedly available to homeowners like HARP or Home Affordable Refinance Program or HARP 2.0. The end-date for HARP according to the Making Home Affordable website is December Continue Reading