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After a relief of stay is granted to a mortgage company how long can you expect to stay in your home?
Wiki User
∙ 18y ago
That would depend on what state you are in, and how fast a foreclosure could take place. In Virginia, the process could take as little as 45 days. Theoretically, you should be out of the house by the date of the sale, however, if you are not, eviction proceedings will start after the date of the sale.
Wiki User
∙ 18y ago
Wiki User
∙ 15y agoThe order for relief from the stay just authorizes the creditor to enforce its rights under state law. So it will depend on the state. You could have months. The creditor has to post for foreclosure, foreclose, then file an eviction action.
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After a relief from stay is granted to the mortgage company is the property still a part of the bankruptcy estate or does the mortgage company now have ownership rights to the property?
It is still yours until foreclosed formally...the stay just means they can do so.
Where can I find information on mortgage debt relief?
Mortgage debt relief is an incredibly hot topic the world over. Generally, one should look into a credit repair type company for assistance in any type of debt relief, including a mortgage debt.
Can you get automatic stay back after the mortgage company file for motion relief?
We have a lawyer but he has not contact us back. We are behind on the mortgage.
Is there mortgage relief for rental properties?
Unfortunately, mortgages for second houses and rentals do not qualify for mortgage relief.
Where can I learn more about mortgage relief?
Please go to www.mortgagereliefonline.com. There you will be able to learn more about mortgage relief and how you can get help.
What happens if the mortgage company wins the motion for relief?
They can proceed with a foreclosure or whatever "cure and remand" action they so choose.
How much time does a company have to pick up equipment after they are granted a relief from stay?
Repossession actions are governed by state statues.
Where can I learn about mortgage relief?
There is actually a website that you can go to, to learn more about mortgage relief. It is www.mortgagereliefonline.com, there you will learn everything you need to know
Can you keep property if a motion for relief from automatic stay is not granted?
Yes, so long as you keep making the mortgage payments. If you stop paying, eventually the creditor will be allowed to foreclose on the property.
How do you say relief not granted in spanish?
alivio no otorgado
How can struggling homeowners receive mortgage relief?
There are various programs out to assist you with mortgage relief. Some of the programs include HUD and also a website you could go to called www.mortgagerelief.com.
Can the creditor continue to collect after a 'Motion For Relief Of Stay' is granted?
Yes.
