Question: I spoke to my bank
informing them that I was in the process of getting
money from my pension plan to pay arrears and avoid the
foreclosure sale of my home. I was told to keep them
posted as to when I would have the funds available,
meanwhile the
foreclosure sale was postponed (that was a couple of
weeks ago). I called my bank today to give them an
update and I was told my home was auctioned off last
week. What can I do? Do I have any legal claims against
the bank?
Response: Unfortunately, once the
property had been auctioned off, it is very difficult to
reverse the process. You would definitely need an
attorney
to bring an Order to Show Cause to Vacate Judgment of
Foreclosure and Sale with only a slim chance of
being
successful. It is possible that the bank marked the
foreclosure sale postponed in their system by a
couple of weeks but the
attorneys
for the bank might not have been notified or went ahead
with the
foreclosure sale anyway. You can contact the
attorneys
and see if they will allow you to reinstate the loan at
this point, which may depend if the property was
purchased by the bank itself or a 3rd party. Sadly, you
are in a tough situation here.
In the legal blog, Attorney Svetlana Kaplun addresses typical questions our firm has received from our clients, or come across from homeowners related to foreclosure, foreclosure defense, loan modification and bankruptcy topics.
The information contained in the legal blog of Attorney Svetlana Kaplun is for informational purposes only, and should not be construed as a legal advice on any subject matter. Please read our full disclaimer or contact the Law Office of Svetlana Kaplun, P.C. by telephone at 718-444-1115 for more information.
Copyright © 2016 Law Office of Svetlana Kaplun, P.C.
modification,
making home affordable, hamp, mortgage modification, harp refinance,
making homes affordable, modifications, home affordable modification
program, home affordable refinance program, hamp program, home loan
modification, loan modification guidelines, foreclosures, foreclosure
listings, foreclosure homes, mers, foreclosure settlement, foreclosure
homes for sale, free foreclosure listings, foreclosure home, deed in
lieu of foreclosure, foreclosure process, how foreclosure works, home
foreclosure, foreclosure radar, bank foreclosure, home foreclosures,
foreclosure listing, hud foreclosure, foreclosure laws, short sale vs
foreclosure, stop foreclosure, totally free foreclosure home listings,
foreclosure help, free government home foreclosure listing, free listing
foreclosure home sale, free foreclosure listings with pictures, fannie
mae foreclosure, independent foreclosure review, lawyers, power of
attorney, personal injury attorney, attorneys, power of attorney form,
durable power of attorney, power of attorney forms, criminal attorney,
attorney search, medical power of attorney, free power of attorney,
bankruptcy attorney, power of attorney template, power of attorney form
download, durable power of attorney form, free power of attorney forms,
general power of attorney, free printable power attorney form, lasting
power of attorney, tax attorney, free power attorney forms, divorce
attorney, ace attorney, disability attorney, attorney jobs, enduring
power of attorney, attorney at law, patent attorney, free power of
attorney forms to print, real estate attorney, injury lawyer, personal
injury lawyer, defense lawyer, criminal defense lawyer, the lawyer,
accident lawyer, a lawyer, criminal lawyer, motorcycle accident lawyer,
rocket lawyer, bankruptcy lawyer, divorce lawyer, ask a lawyer, find a
lawyer, lawyer referral, car accident lawyer, family lawyer, lawyer
search, lawyer find, lawyer ratings, lawyer referral service,
immigration lawyer, dui lawyer
