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A non-recoverable attorney fee in foreclosure is a fee for work performed by the attorney (usually the bank's attorney) that the bank has to pay for but cannot pass on to the mortgagor.

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Q: What is a nonrecoverable attorney fee for foreclosure?
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Related questions

What is an attorney's fee?

An attorney's fee is a fee charged by an attorney for work done in relation to a lawsuit or other work done by an attorney.


How do you find out if the house you're buying on contract is being foreclosed when the owner won't tell you?

Have your attorney arrange to have the title examined. Your attorney can contact the current mortgagee to determine if there is a pending foreclosure action.Have your attorney arrange to have the title examined. Your attorney can contact the current mortgagee to determine if there is a pending foreclosure action.Have your attorney arrange to have the title examined. Your attorney can contact the current mortgagee to determine if there is a pending foreclosure action.Have your attorney arrange to have the title examined. Your attorney can contact the current mortgagee to determine if there is a pending foreclosure action.


Can a foreclosure attorney collect rent from a tenant before the sale?

yes


Why would a homeowner need to hire a foreclosure attorney?

A homeowner may need to hire a foreclosure attorney if they are being foreclosed upon by the bank or lender, or person who provided the mortgage. If a person owes more on his home than the home is worth, the bank may try to foreclose on the home, in which case, one would need a foreclosure attorney.


The fee is paid to an attorney to engage their services is called?

a retainer fee


What to do if you mortgage holder sends your payment back and because they did it puts you in foreclosure?

get an attorney.


How can foreclosures attorneys help someone who is facing foreclosure?

Attorneys can often help negotiate alternatives to foreclosure on your behalf. If the foreclosure proceeds, an attorney can help advise you on how best to protect your rights and credit.


How can a person or group contest a foreclosure of their property?

A person or a group can contest the foreclosure of a piece of property by contacting an attorney. This is the best way to get information about property.


How do you stop foreclosure?

To stop a foreclosure you will required lots of paper work and time to follow the case. Since it dealing with complicated paper work, it is best to reach out to a Foreclosure Attorney for full legal advise.


The attorney that represented you in your divorce is now representing your mother against you in a forecloser can he do that?

It may present a conflict of interest for the attorney to represent both you and your mother in a legal matter involving two parties with opposing interests. You may want to raise this concern with the attorney or seek advice from another legal professional on how to proceed.


Is there a site on how to stop foreclosure?

There are a great many websites which offer ways to stop foreclosure, some of these are scams though. It is best to discuss your options with your lender and your attorney.


If you sold a house and are carring the contract and the buyer is 3 months behind on payments how do you start foreclosure?

You can start foreclosure proceedings on your own, but, odds are, you'll end up trapped in the confusing legal system. The best way to do a foreclosure is to see a real estate attorney in your area. It is likely that the contract provides for attorney fees, so the peace of mind and convenience of an attorney won't cost you a thing in the end.