i became totally disabled to work, mortgage co would not work with me now home in in foreclosure due to sell 1/2/07 have been told there is a federal law that you can file for an injuction for 30 to stop foreclusure. help where can i find it. need the info yesterday. and no i did not wait to the last minute been trying everything and anything beg borrow to stay in my home. please help
2006-12-11 10:41:35 · 5 answers · asked by c504play 4 in Business & Finance ➔ Renting & Real Estate
I found a STATE injunction, for the state of Mississippi: http://www.mscode.com/free/statutes/89/001/0301.htm
It really varies by state. I found other injunctions that are in place in Florida, etc.
I found a few websites that may help: http://www.foreclosure-help.biz/, http://www.foreclosureassistance.com/.
Another word of advice: you may want to file bankruptcy. A bankruptcy will be considerably less hazardous to your credit - in terms of obtaining another home loan that is - and you can hold onto the house.
Good luck...
2006-12-11 10:57:22 · answer #1 · answered by JSP 2 · 0⤊ 0⤋
There really is not a way to stop a foreclosure. It has gone through a lot of paperwork already and the date has been set. You can pay the re-instatement amount that is all the fees plus money you are back to make the account current and stop the foreclosure. This usually has to be done no later than 5pm the day before the auction (a business day)
Filing a Bankruptcy will also stall the foreclosure date.
Your best bet would be talk to an attorney, there are attorneys who can help you as much as you'd like for 16-26 per month depending on what plan you choose. It is highly advised for anyone to have a membership that way you can call an attorney anytime you should have a question or need legal help like this.
http://www.myidtheftguard.com will have a link to their site for help on the lower left side.
Good Luck.
2006-12-11 10:58:46 · answer #2 · answered by Anonymous · 0⤊ 2⤋
This site seems to have some good info. What a tough situation to be in! You might check in the phonebook for an attorney that deals in that area of law and see if they can give you some advice. Good luck to you!
http://www.hud.gov/foreclosure/index.cfm
2006-12-11 10:49:54 · answer #3 · answered by teddi 2 · 0⤊ 0⤋
Contact a local Bankruptcy attorney for help NOW!!!
Sincerely,
Richard M. Johnston, GRI, ABR, e-Pro
RE/MAX OTB ESTATES
President's Advisory Council Member
2006-12-11 12:11:37 · answer #4 · answered by ? 3 · 0⤊ 0⤋
What state, and what type of housing? SFR? Condo?
The link below gives has information about the foreclosure process for each US state.
2006-12-11 10:47:03 · answer #5 · answered by mktgurl 4 · 0⤊ 0⤋