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Foreclosure

The process by which the holder of a mortgage sells a property after the debtor defaults on their loan for it

2,433 Questions

What is partial participation recorded in a foreclosure case?

Partial participation in a foreclosure case refers to a situation where only some of the parties involved in the case actively participate or are represented. This could occur when some borrowers or lienholders do not respond to legal notices or court filings, causing delays or complications in the foreclosure process. It is important for all parties involved to engage in the process to ensure a fair and efficient resolution.

What are Missouri foreclosure laws?

In Missouri, foreclosures can be judicial or non-judicial. The process typically involves the lender filing a lawsuit against the borrower to obtain a court order to foreclose on the property. The borrower has a redemption period to repay the debt and reclaim the property. Missouri law also allows for deficiency judgments under certain circumstances.

How long before you have to vacate after a sheriff's sale in phila pa?

In Philadelphia, after a sheriff's sale, the new owner must provide occupants with a notice to vacate within 15 days. If the occupants do not vacate after receiving the notice, the new owner can file an ejectment action to remove them from the property.

What happens if witness for the plaintiff does not show up for a deposition in a foreclosure cas?

If a witness for the plaintiff does not show up for a deposition in a foreclosure case, the court may issue a subpoena to compel their attendance. Failure to comply may result in sanctions such as fines or a bench warrant. It could also weaken the plaintiff's case if crucial testimony is missing.

How do i get my property back that was taken when parents house was foreclosed on?

You may need to consult with a legal professional to explore the options available to you, such as filing a claim with the foreclosing entity or seeking compensation. It is important to gather any documentation or evidence that proves ownership of the property in question. Additionally, understanding the laws and regulations related to foreclosure in your area will be crucial in pursuing a resolution.

How much notice is to be given before foreclosure sale in ca?

In California, the notice of sale must be published in a newspaper once a week for three weeks before the sale date, with the first notice published at least 20 days before the sale. Additionally, a notice of the sale must also be posted on the property at least 20 days before the sale.

What does recalled in a sheriffs sale mean?

Recalled in a sheriff's sale means that the sale has been canceled or rescheduled for a later date. This could happen for various reasons, such as errors in the legal process or unresolved issues with the property.

Which law would encourage more people to become homeowners but not encourage risky loans that could end foreclosure?

The law could establish government-backed programs that offer affordable fixed-rate loans with reasonable down payment requirements. Additionally, regulations could be put in place to ensure that lenders properly assess borrowers' financial capability to repay the loans, reducing the likelihood of risky lending practices that lead to foreclosures. This approach aims to make homeownership accessible while minimizing the risk of loan default.

How long after foreclosure can you stay in the house in nc?

In North Carolina, after a foreclosure sale, the homeowner has ten days to vacate the property. If they do not leave within this time frame, they can be evicted by the new owner or foreclosing party. It is important to consult with a legal professional for guidance specific to your situation.

How long after foreclosure does eviction take in Montana?

In Montana, the timeline for eviction after foreclosure can vary. Typically, it can take anywhere from a few weeks to a few months, depending on the specific circumstances of the foreclosure and eviction process. It is best to consult with a legal professional for specific information related to your situation.

How law maintain social control?

Laws establish a framework of rules and consequences that help guide and regulate behavior in society. They provide a system of deterrents and punishments for those who break the rules, which helps maintain social order and control by promoting conformity and discouraging deviant behaviors. Additionally, laws can also empower authorities to intervene and manage situations where individuals or groups pose a threat to the safety and well-being of society.

How long after foreclosure sale of home do you have to vacate premises in Kentucky?

In Kentucky, the homeowner generally has 30 days to vacate the premises after a foreclosure sale. However, this timeline can vary depending on the specific circumstances of the foreclosure, so it's important to consult with a legal professional for accurate information.

What does dismissed without prejudice mean in foreclosure case in Georgia?

When a foreclosure case is dismissed without prejudice in Georgia, it means that the case has been temporarily halted or canceled, but the lender retains the right to refile the case at a later time. This could happen for various reasons, such as procedural errors or the need to gather more evidence.

What right do squatters have as far as having to leave the house dwelled in over 10 years?

The answer depends on the details and the laws in your jurisdiction. Generally, you have no claim at all if you used the premises with the permission of the owner. If you openly occupied the property continuously without the permission of the owner you may be able to bring an adverse possession action in court. You should consult with an attorney in your jurisdiction. The laws vary in different jurisdictions.

How long do you have to move out of a foreclosed house in WA?

In Washington state, after a foreclosure sale, the new owner must provide written notice to the occupants to vacate the property. The occupants typically have 20 days to move out before the eviction process can begin. It is important to seek legal advice if you are facing foreclosure to understand your rights and options.

How long does it take to get a clear title to property that is the subject of a civil lawsuit?

There is no universal answer. It depends on many factors that include the scope of the lawsuit, the professional abilities of the entity that has been retained to address the problem, the amount of corrective work needed to correct the problem, the court docket in the court of jurisdiction, etc.

There is no universal answer. It depends on many factors that include the scope of the lawsuit, the professional abilities of the entity that has been retained to address the problem, the amount of corrective work needed to correct the problem, the court docket in the court of jurisdiction, etc.

There is no universal answer. It depends on many factors that include the scope of the lawsuit, the professional abilities of the entity that has been retained to address the problem, the amount of corrective work needed to correct the problem, the court docket in the court of jurisdiction, etc.

There is no universal answer. It depends on many factors that include the scope of the lawsuit, the professional abilities of the entity that has been retained to address the problem, the amount of corrective work needed to correct the problem, the court docket in the court of jurisdiction, etc.

How long can you stay in your foreclosed home in Rhode Island?

In Rhode Island, after a foreclosure sale, the new owner typically needs to provide the former homeowner with a written demand to vacate. If the homeowner doesn't leave, the new owner can file for an eviction, which can take a few weeks to a few months to complete depending on the court's schedule. It's best to consult with a legal professional for guidance on the specifics of your situation.

What is the law concerning Credit Bureaus must have verifiable proof of the foreclosure account in their files if they are going to report the negative item on your report?

The Fair Credit Reporting Act requires creditors to report your account accurately, and the credit bureaus are required to maintain records that match the reporting. The bureaus are not responsible for the accuracy of the reported account information as they do not have access to the account records for each creditor. If you dispute the accuracy of an item, they request a response from the creditor, at which point the creditor must either show that your dispute is invalid, that your dispute is indeed valid, or fail to respond in a timely manner (failure to respond will mean the dispute is accepted and the item corrected or removed).

Does a sheriffs deed of trust eliminate a 1st Senior Mortgage?

No. The mortgage remains in first place as an encumbrance against the property.

No. The mortgage remains in first place as an encumbrance against the property.

No. The mortgage remains in first place as an encumbrance against the property.

No. The mortgage remains in first place as an encumbrance against the property.

How long after auction home sold do you have to vacate in California?

In California, the new owner typically has the right to initiate the eviction process immediately after purchasing the home at auction. The exact timeline for vacating the property after an auction sale will depend on the eviction laws and procedures in the specific county where the property is located. It is recommended to consult with a legal professional for accurate advice on this matter.

Can you move into a foreclosed home legally?

Yes, if you rent it or buy it from the bank....Hopefully your not thinking about the game some people are regarding squatting in the property and the laws about having you removed from this type of situation. It's not worth it.

How long befote foreclosure after docket mumber is established?

You may be confusing foreclosure with bankruptcy. In states that require a court action before foreclosure, you will get the notice with the court's docket number and can respond appropriately.

In states that rely on open and public seizure, there may be no legal action, so no docket number. Someone from the mortgagee will show up and walk on your property and declare it has been seized. Usually, the mortgagee has to publish its intent to seize in a local newspaper.

Some states require the mortgagee to file an action to determine that the debtor(s) is (are) not on active duty in the military. The debtor(s) get notice of that, with the docket number. If no debtor is on active duty, there is nothing s/he can do to respond.

How long can you stay in the house after judgment of foreclosure?

you need to put on your communication and negotiation hat, because if you talk with your mortgage lender and you may ask for 30. 60 or even 90 days just depending on the banks. if you keep quiet you may only have 3 - 5 days to get out.

Can you still stay in a foreclosed home?

Foreclosure doesn't happen immediately. Once you receive notice of foreclosure you will normally have a timeframe when you must vacate the property. If you do not vacate, then the bank/company/person who is seizing the property can have the authorites force you off the property- with or without your belongings.

My house went into foreclosure and was bank sold. I did not pay the HOA fees. I have been served with a Civil Subpoena for Personal Appearance. What will happen if I do not show up?

Since your HOA fees are separate from your mortgage and you have to keep up, you need to show up with some kind of arrangements to pay the fees. Otherwise a bench warrant will be issued. This is the reason to stay away from Homeowners Associations. They are buried in with Protective Covenants that can foreclose on any house they choose if one of any Covenant rules are broken, though most are not followed. The association is part of that covenant.