There are many ways to fight the filing of a foreclosure complaint. The filing of a complaint is just the first step in a long process that could result in the sale of your home. Be sure however, that this is nothing to ignore, the faster you act, the greater opportunity you will have to save your home.
Defending yourself against foreclosure can give you additional time to modify your loan, or file for Chapter 13 bankruptcy to bring your loan current. If you do not wish to save your home, BillBusters can also assist with the sale of your propert through a short sale, or a consent judgement to give the property back to your lender.
If you do want to save your home, BillBusters can defend you in the foreclosure action. We begin with a forensic audit of your loan to determine if there were any errors that could lead to a defense of the original complaint. You need to you know your rights to be able to defend yourself, and acts such as the Truth in Lending Act (TILA), Home Ownership and Equity Protection Act (HOEPA), and Real Estate Settlement Procedures Act (RESPA) can be powerful tools working for you. We can also pursue a modification of your loan while the foreclosure case is pending. The modification process does NOT stop the foreclosure from proceeding. Under certain circumstances, the filing of a HAMP modification request may prohibit the sale of your home, but that will just postpone matters. We will negotiate with your lender to achieve the goals that you seek. If negotiations fail, you may still have the ability to file a Chapter 13 bankruptcy to propose a court ordered plan to bring your mortgage current once again.
There are many possible outcomes from the filing of a foreclosure matter. From vacating a default judgment to allow time for modification, to the filing of a Chapter 13 bankruptcy to prevent your property from being sold, BillBusters can help you achieve the results that you need.