Foreclosure Relief

Many people have asked for help with their foreclosures. For a discussion of legal remedies and a list of attorneys, click on the link
here.

Particularly recommended are these sites –

http://4closurefraud.org/

http://livinglies.wordpress.com/

14 Responses

  1. my home was sold at auction a week ago november 18th. what can i do to save my home? the servicer submitted my modification to my investors and the investors denied the modification and provided no reason why. the intrest rate is 6.75, and requested to reduce it to 3% the investor would only reduce to 6%, which he knew i could not make payments on a 6% loan. please help. i don’t know what they are going to do next

    • Sorry, I can’t help you directly; I’m no longer in practice. But check the suggestions on the page you posted under. Good luck, Ellen

    • I know this is hard. My family (wife and four kids) and I went through this as well in 2007. The worst was giving up the dog.

      We ended up renting a place for a while. There are lots of places to rent available everywhere. Many homeowners are in the same situation and are renting out their house to avoid foreclosure. Check out the fancy neighborhoods! You’ll be surprised.

      At this point, pray every day and take things a day at a time. Don’t worry about your credit for right now. Once you figure out what you can afford, you’ll get by until things turn around.

      Cheers,

      Paul

  2. I too went through foreclosure and bankruptcy last year. I was getting hammered by high monthly payments but could just about get by. I decided to stop paying the bank while researching the subject. When the penny finally dropped, how could I ever go back to repaying the mortgage? So I went to the repossion hearing, very unprepared, but stood up and argued the Jerome daly defense. This didn’t work but during the following insolvency proceedings, I used a freeman argument and now the matter is closed. i owe no money any more, rent an apartment and live off what I earn.

    I really think Ellen is right about everything in the book; I’m just finishing reading it for the second time in a year. I can also recommend Michael Rowbothams’ Grip of Death which is slightly UK based but the system is really the same the world over. This is why any successful reform movement should ideally be thinking global.

    Many thanks
    Mike

  3. I know what you mean I have gone through the thing, with 2 single home and two 6 family commercial properties. They were actioned off at 10% of there value.

  4. Just a few month ago I had a good credit rating but work just ceased, the credit card companies that I had great credit with for years (never been late, over limit) cut my credit without notice.
    Some of these companies are national TARP receipients which tended to piss me off.
    I’ve stopped paying those CC’s that cut my business lines period. I’ve heard stories of people paying their CC’s first then defaulting on their mortgage…in this economy?? They will cut you without provocation, let alone a ‘late mortage payment’ credit report.

  5. The banks earn more money off of foreclosures and short sales than they do from loan mods. Loan mods are to bleed the last penny until such time as you give up, then they foreclose and/or short sale. Don’t play the game. For more info, go to http://www.ChinkintheArmor.net

  6. my bother is in the business of saving peoples homes
    from forclosure, im sure he can help ask for the foreclosure consultant at 914 729 9010 mr williams

  7. Very good posts indeed ,we”re going thru the same thing
    I wonder how many people Had a loan with Chase Bank
    now there is a bunch of greedy sobs. I”ve sent more paper
    work and always it is never enough or I didn”t send the right
    papers etc. if anybody deserves to be taken down a notch
    or two it”s that outfit but then you never know they might just
    be to big to fail …. again!

  8. Whether a debt consolidation company is non profit or for profit, they will charge monthly fees to service your payments. Fees range from 14 to 69 depending on the number of creditors involved. Upfront fees or a percent of your monthly payments are usually a sign of a fraudulent non-profit company. For profit companies do charge a fee since they arent subsidized by creditors.

  9. Chapter III of Mau Mauing Youir Lender For Dummies mentions a business model which extends somewhat our old debate over a foreclosed homeowners right to remove the furnace and take it with him on the way out the door.

    The Visigoth Wrecking & Demolition Company contracts w/the homeowner prior to the sale/law day. etc Before taking a sawzall to the door and window frames (for easy removal & resale) the prudent Goths check w/the foreclosing lender to give them a heads -up & confirm the stated pre-sale status of the property.

    Sadly. the diligent barbarians keep getting their contracts cancelled after the lender takes advantage of this notification and subverts the homeowner by making him a modification offer that he cannot refuse. .

    .

  10. I forgot the best part of the story–the Servicemark of the business:

    “When you can’t strip the liens let us strip the windows.”

  11. The major problem we face in our trashed economy is that our politicians are incentivized to do exactly what is in the best interest of the banks and NOT in the best interest of the public — through campaign contributions, otherwise known as legal bribes.

    Nothing is going to change until we have public funding of campaigns. Our problem is NOT government, and it is not R’s or D’s. It *IS* that government is owned by the special interests that want in the taxpayer’s pockets.

    As a former CEO my company would not have survived if I had an employee or board of directors who took money on the side and gave away company assets in return. Our country can’t survive this corruption either.

    If politicians are going to be beholden to their funders, those funders should be the taxpayers. And at $5 per taxpayer per year it would be a bargain. Even at 100 times that. We MUST demand that our senators and representative pass the bill at: http://fairelectionsnow.org/about-bill

    Jack Lohman …
    http://MoneyedPoliticians.net

  12. Want to save your home from foreclosure? Please check our http://www.right tocancel.com. It’s a 4-step program that does not require an attorney’s representation – all forms, affidavits, petitions and motions are provided in template form. I’m using RTC’s program right now. Many have had great success with RTC.

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