No, in all likelihood it will eventually show up on the credit report and be entered at the county recorder's office. If it pertains to a credit report, the consumer should keep in mind that the credit information of a consumer will not necessarily be found on all three credit bureaus reports.
Public record remains public record forever, unless something is sealed.
Unless the Court orders the record expunged (destroyed), it is still a part of public record.
Foreclosure dismissal is a simple foreclosure challenge that can be filed to the foreclosure complaint even without an attorney.Added: A foreclosure dismissal is a court order dismissing a foreclosure action.
If listed on a current or archived docket then yes. Some cases never see the inside of a court room. For instance there may be a case number but no date or a case may be threatened then settled out of court. Cases listed on a docket will be reviewed by a judge in open court and the clerk/recorder will log all of these into the public record.
In almost all cases a restraining order is a publicly available court record. The ease with with the restraining order could be discovered depends on the level of public access available in the court where the order was issued.
There are multiple steps that a lender must complete in order to initiate foreclosure. These steps include providing the homeowner a notice of default, a notice of acceleration, a notice of sale and finally inclusion in a public auction.
After the foreclosure is finalized and the property has reverted back to the lender. The original mortgage loan account shows in the "credit" portion of your credit report. The industry term for its' appearance is "tradeline". Ordinarly, mortgage loans, like other types of trade lines, remain with the original creditor for 180 days after they become delinquent. This is a standard amount of time and may vary according to your specific contract. After 180 days of not being paid, creditors normally take action. If the account is for a vehicle loan, an order for repossession is put into effect; if the account is a credit card, it is "charged off" or sold/transferred to collections (either in-house or outside collection agency); if the account is a mortgage loan, foreclosure proceedings are begun. This notation is then placed on the tradeline. A foreclosure, once filed, is a legal action. A separate listing of the legal filing then gets reported in the "public records" portion of your credit report. It shows the date the legal action was filed, has a separate period of time (commencing on the filing date)for how long it can show on your credit report and now needs a disposition. So the answer to your question is that a foreclosure notation may show twice on your credit report in different areas, both when proceedings have begun and after the foreclosure has been granted. The notice of foreclosure will show as soon as the process begins. This will show in the area of the usual tradelines where the lender is listed. When the foreclosure is finalized, there will be a paid date showing on the record. There will not be any notice in the Public Records section since it is not a court record.
If it was expunged by court order, the record will not available to the general public. But the 'true' record is still available to the courts, law enforcement, and government agencies.
No, there is no guaranteed way to stop a foreclosure. In order to prevent a foreclosure, you can just pay your mortgage on time and you can read about it at hud.gov/homes/homesforsale.cfm
The foreclosure will simply continue as it normally would have if the bankruptcy had not been filed, except for any special provision made in the order allowing the foreclosure to cotinue.
Yes, -unless- under very unusual circumstances a judge may order the record sealed, but very rarely.
The best place to get foreclosure help is from the institution that holds your mortgage. You may be able to renegotiate the terms of the loan and avoid foreclosure. Otherwise, Foreclosure Advisors can help you negotiate with the bank.