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Forestalling Foreclosure

Posted on October 11, 2010.

Home foreclosures are Reaching Record Levels in Many Parts of the Country. And it's no wonder, sincere MOST People Who Can not Make Their payments do The Opposite of What They "should". If you're behind in your mortgage, heed this expert advice from money reporter Stacy Johnson.

Posted In: Foreclosures
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Comments

Barton Seiters says...

The banks, lenders and subprime lenders don't give a SHIT about what you are going through. I say, let them foreclose and then file bankruptcy so they can't come after you for the deficiency. Yes, your credit will take a hit, but so what. We are in a recession and you will not be the only one in that boat. Fight back with Chapter 7

Posted on October 11, 2010
Gianna Masak says...

@MrBigPoppa43

Well, they will be making a lot of money off of mine. I am going to fucked this house up from the floor to the ceiling.  Once I am done, it will take them months to clean this shit up. hahah

Posted on October 12, 2010
Amado Jabour says...

HUGE OPPORTUNITY EXISTS CLEANING FORECLOSED HOMES FOR BANKS:

myapps43.cr8webprom.hop.clickb­ank(DOT)net

Posted on October 12, 2010
Erika Zuch says...

@rotnflesh

I think this only works in certain states. Also in certain states you only have a 30 day window when you get a notice of default. It is a big mess. We are in a recession, file chapter 7 and be done with it. This way the lender cannot sale the house and come after you for the deficiency balance.

Posted on October 13, 2010
Clara Derosso says...

If anyone here is having problems paying on a mortgage, they could file a common law lien on that property stating principal paid plus life experience value; this lien must be satisfied before foreclosure or a commercial lien can be put in place!

RESEARCH COMMON LAW LIEN!!

Posted on October 13, 2010
Antonio Companion says...

R we only capable of passing greed laws at this point. I want a mortgage that is adjustable. Adjustable to fair market value. My grandfather took out a loan 50 years ago to start a business. They gave him ten years to repay it. He repaid it in one year. The next year he bought a house free and clear. To all the BMW driving pinto owners, your getting what you bought. Insecurity. I want what I pay for.

Posted on October 14, 2010
Eddie Rosebrock says...

By the way, this video is describing a pre-trial process known as "curing"; it's a process out of courts to settle contract disputes. It works very well for the one being foreclosed on because it proves the litigant/plaintiff did not enter into negotiations to keep it out of court. They did not attempt to satisfy this COMMON LAW REMEDY!

Posted on October 16, 2010
Britt Slattery says...

In debt? Suffering a foreclosure? Work too hard not making ends meet and still wondering why? Discover the secrets why the rich get richer but the rest of us work like slaves. See google video "Money as Debt".

Posted on October 17, 2010
Chelsey Sadat says...

I have a question for you. I live in Illinois, and my wife and I are both on the mortgage, but only my wife is on the note. If our house goes into foreclosure, would my credit be affected? Also, if I buy another home in my name only, can the bank put a lien on my new house? And can they garnish my wages? Please advise. Thanks!

Posted on October 19, 2010

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