Get free answers to your Foreclosure legal questions from lawyers in your area.
answered on Jul 6, 2011
when you bought the house, you signed a promissory note to the lender for the amount you borrowed. the mortgage is simply a lien on the property to secure payment of the promissory note. you are indebted to the lender for the full amount still owed and will eventually have a judgment rendered... View More 
I am in foreclosure and have received a notice of motion for entry of an order of default, for summary judgement against usa and for judgment of foreclosure and order for sale. In the meantime, I am awaiting a response from the lender regarding a loan remodification I applied for. Also, I... View More
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answered on Jul 17, 2011
You would be best served by filing a motion to vacate technical defaults and for leave to file your answer, instanter
We received a notice of hearing (regarding our mortgage in Dupage County IL) It gives no information as to what needs to be done and if we have to be present. We do not live in IL. We have a home in IL that is being rented but is in foreclosure.
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answered on Jul 10, 2011
It means that on the date listed in the notice a motion or an evidentiary proceeding will take place. Usually, a copy of a motion is attached. Without more information being posted2cx9, I can not provide you with anything more constructive. Good luck.
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answered on Jul 10, 2011
Yes, you will owe the difference. However, many lenders forgive the difference. Althoug that may sound great, in reality it is not as good as it seems, as a 1099 will be provided to the IRS and you may be responsible for taxes on the debt forgiveness. they cannot directly attach your social... View More
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answered on Jul 10, 2011
If you were served by the Special Process Server before the appointment, yes. If you were served conventionally and within the time parameters, no. However, it is pretty academic, as if it is quashed, all that will happen is that you will get served again.
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answered on Jul 17, 2011
If you wish to keep your home, you will need to hire counsel.
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answered on Jul 17, 2011
You need an appearance form and at a minimum then you need to draft your answer to the Complaint.
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