Can You Sell A Home In Foreclosure? A foreclosure takes place when a home is seized and put up for sale by the lender. When you see a home listed as foreclosed, it means that it’s owned by the lender. Every mortgage contract has a lien on your property. A lien allows your lender to… Continue reading Can You Sell A Home In Foreclosure?
Can You Go To Jail For A Foreclosure? The ѕhоrt аnѕwеr iѕ NO. The house owner will nоt gо tо jаil but if thе bank dоеѕ not receive рауmеnt, thеу will рrоbаblу hоund their debtor fоr ԛuitе a lоng timе, until they receive what they want. It is possible that thе bank will never dесidе… Continue reading Can You Go To Jail For A Foreclosure?
Bankruptcy Chapter 13 Bankruptcy is a federal court process designed to eliminate debts or repay them under the protection of the bankruptcy court. For individuals, most people file either Chapter 7 or Chapter 13, because a court order can call an automatic stay, prohibiting most creditors from hounding you in order to collect what you… Continue reading Bankruptcy Chapter 13