How Does a Home Foreclosure Work?

How Does a Home Foreclosure Work?

When a bank informs you that they are foreclosing on your home, there will be several steps over several months before they can legally sell it. Your house cannot be auctioned off until you have received a notice of sale, and there are a few steps you

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Can I Sell My House if It’s in Foreclosure?

Can I Sell My House if It’s in Foreclosure?

California homeowners faced with losing their homes have options to delay or avoid foreclosure. Homeowners wondering what action could temporarily stop the foreclosure process should know their options. They could work out a new loan agreement, sell the home, or in some cases file Chapter 13 Bankruptcy

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How Does Bankruptcy Affect Taxes?

How Does Bankruptcy Affect Taxes?

If you owe back taxes, you may have wondered if declaring bankruptcy can provide a lifeline. The truth is that bankruptcy definitely helps clear some types of tax debt. You may have already gone through bankruptcy and received a discharge and were surprised to find a tax

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Can I Sell My House if It’s in Foreclosure?

Can I Sell My House if It’s in Foreclosure?

Finding out your home is in pre-foreclosure may send you scrambling for mortgage debt solutions. In some situations, you may be able to catch up on payments. In other cases, you may have to decide if you want to beat the bank to the punch and sell

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What Is Foreclosure of Mortgage?

What Is Foreclosure of Mortgage?

Having major debt issues makes it seem like the weight of the world is on your shoulders. When the threat of home foreclosure is added, you may feel like the last place you can find peace of mind is being taken away. Foreclosure is a serious obstacle,

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Can I Sell My House if It’s in Foreclosure?

Can I Sell My House if It’s in Foreclosure?

In tough financial times, homeowners can get behind on their monthly bills and face a real money crisis.  A home mortgage is usually the largest payment families face, and falling in arrears could have you worrying you will lose your house and get nothing in return. Fortunately,

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What Happens to Home Equity in Foreclosure?

What Happens to Home Equity in Foreclosure?

California residents are able to keep the equity in their homes, even after a foreclosure. However, penalties, fees, and the home’s value can undercut the amount of equity. By filing for Chapter 13 Bankruptcy, homeowners could avoid foreclosure altogether. What Happens to Home Equity in Foreclosure? Equity

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What Happens if Your House Goes Into Foreclosure?

What Happens if Your House Goes Into Foreclosure?

In foreclosure, your bank notifies you they intend to take ownership of your California home to recover the amount you still owe. Once they inform you your house will be auctioned off, you have just a few weeks to catch up on payments, sell your home, or

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How to Stop a Home Foreclosure

How to Stop a Home Foreclosure

Finding a foreclosure notice in the mail can cause extreme levels of anxiety and stress. The notice may not be unexpected, but it can be a harsh reminder that you are in danger of losing your California home.  At this point, it’s likely your financial difficulties have

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How Many Times Can You File Bankruptcy Chapter 7?

How Many Times Can You File Bankruptcy Chapter 7?

Earning freedom from debt as you complete a Chapter 7 Bankruptcy can feel like a giant weight has been lifted off your shoulders. Sadly, this freedom may be short-lived when difficult times return and a financial disaster again looms on the horizon. You may wonder if you

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