2020 has been a difficult year for many of us, which has made money extra tight this holiday season. This is especially true if you have fallen behind on your mortgage payments. If you are worried about foreclosure, you want to move quickly but also safely. We also want you to be armed with the [...]
If you are wondering if bankruptcy can stop foreclosure, you are not alone. Fortunately, you have options. The process of foreclosure usually begins after falling behind on mortgage payments. Next, the lender will prepare to sell the home at auction. The money collected through the auction is then applied to the mortgage balance. For more information on the foreclosure timeline, click here.
Time is of the essence in a foreclosure. So, it is important to know what to expect and what you can do during the process. Once you receive a Notice of Default Recorded, the foreclosure timeline has officially begun. Meaning, you have approximately 120 days until your home is sold. It will either sell at […]
