A summons for a foreclosure is a lawsuit by the plaintiff/lender against the defendant/borrower. All civil suits are basically the same and therefore the process of filing an answer or "first pleading" by the defendant is the same. Read the summons very carefully and then respond to each paragraph either as being in agreement or disputing the claim for whatever valid reason you may have. For example, if you have made all the payments in the prescribed manner of the mortgage contract and the plaintiff is claiming a default due to non payment, you dispute that charge on the grounds that you have proof of payment. DO NOT, make a claim that is not true and/or cannot be substantiated. File a copy of your response within the required time limit with the clerk of the court and the plaintiff's legal counsel by means of a certified letter with receipt requested. In some states it is also necessary to file an answer of appearance with the court issuing the summons. You can go to SummonsReply.com to get help if you are trying to write an answer on your own. The site will provide you with a template and an example of an answer to a summons written by a certified lawyer, which will guide you to write your own answer in order to stall foreclosure.
No. If you default on your mortgage the lender will take possession of the property by foreclosure. Whether you file bankruptcy is an unrelated issue.No. If you default on your mortgage the lender will take possession of the property by foreclosure. Whether you file bankruptcy is an unrelated issue.No. If you default on your mortgage the lender will take possession of the property by foreclosure. Whether you file bankruptcy is an unrelated issue.No. If you default on your mortgage the lender will take possession of the property by foreclosure. Whether you file bankruptcy is an unrelated issue.
I got the impression that the mortgage company does the filing of the foreclosure in California and then takes the property and you just allow this to happen if you can't pay up. I don't think you have to file for a foreclosure.
No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.No. A borrower cannot "apply" for foreclosure. A bank commences a foreclosure when the borrower defaults on their mortgage payments.
The person named in the current deed owns the house but the property is subject to the mortgage. The bank may be able to clear their title problems that led to the foreclosure being dismissed and file the foreclosure at a later date if it remains in default.The person named in the current deed owns the house but the property is subject to the mortgage. The bank may be able to clear their title problems that led to the foreclosure being dismissed and file the foreclosure at a later date if it remains in default.The person named in the current deed owns the house but the property is subject to the mortgage. The bank may be able to clear their title problems that led to the foreclosure being dismissed and file the foreclosure at a later date if it remains in default.The person named in the current deed owns the house but the property is subject to the mortgage. The bank may be able to clear their title problems that led to the foreclosure being dismissed and file the foreclosure at a later date if it remains in default.
To respond to a foreclosure summons, you typically have a limited amount of time to file a written response with the court. It is important to review the summons carefully and consider seeking legal advice to ensure you understand your rights and options. Your response should address each point raised in the summons and present any defenses you may have against the foreclosure.
Mortgage foreclosure is a process by which a person, who has a mortgage on land, legally sells that same land. A mortgage can be defined as a property loan.
No, sorry, that wouldn't help a bit, and just damage your credit score.
Foreclosure is the legal process whereby a mortgage company takes your home back from you and sells it to recoup the money they loaned to you. if you intend not to foreclose it better file bankruptcy from the experts
Yes, any unpaid mortgage can put your home in jeopardy of foreclosure.
Yes. A foreclosure can be reported by the entity that foreclosed, by the servicing agent for the entity that owned the mortgage when it was foreclosed or by a mortgage company if it held the mortgage when it was foreclosed.
Yes to both.
Assuming that the FIRST mortgage was foreclosed, a foreclosure wipes out any mortgages that were recorded after the foreclosed mortgage.