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Old 06-08-2009, 06:29 PM
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Default what to do in foreclosure?

what to do in foreclosure?
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Old 06-08-2009, 06:31 PM
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that is a pretty broad question - I mean if you are not paying your bills they foreclose on you- what else do you want to kow- if you can't pay they take it away.
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Old 06-08-2009, 08:00 PM
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If you just want to delay the process in hope that you can redeem the mortgage, lawyer up and get them to try and block every order the lender is seeking. ive had success in delaying up to a year and my clients use that time to either save up and move elsewhere, or try to sell so there is no def. judgment.If there is no chance of redeeming, use the time that you have to save up money for rental, since you'll be living there free basically. if you are in serious dire circumstances, it may be time to look at bankruptcy.
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