Posts: 1,449
Credits: 12,018


Send message to smo65d11
Sub: #1 house foreclosed 3 weeks ago, just found out
Replied on 06-26-2011, 02:03 PM
Reply With Quote

I was 5 months behind on my mortgage. I just found out that my home was auctioned back to the bank on June 3rd. In Missouri the right of redemption only comes into play if you give advanced notice, so that doesn't help me at all. I spoke to an attorney who advised me to make sure the notices went into a county paper properly, which they did. The certified "notice of sale" was never delivered to me, I remember the rural postal carrier leaving a "sign here for delivery" slip in my box in early May, which I signed, but no certified letter was delivered.
Has anyone ever successfully had a mortgage company agree to a "recision of foreclosure", and if so, under what conditions?
Please someone give me advice, the attorney said there was nothing that could be done, but I am so shocked that this could happen.


Sub: #2
Replied on 06-26-2011, 07:25 PM
Reply With Quote

The lender should formally inform you about the foreclosure before taking any such steps. I don't think it is legal for the lender to foreclose the property before informing you. I will suggest you to contact some other lawyer and take his help in this regard. He will let you know whether or not you can take any legal actions against your lender.




Posts: 12,876
Credits: 116,247


Send message to SOAPLADY
Sub: #3
Replied on 06-26-2011, 07:39 PM
Reply With Quote

Since it sounds like an attempt was made to notify you, I would be looking at the post office for an explaination as to why didnt receive your certified mail. Maybe you can get proof from them, that it was in fact not delivered....I would be talking to your local postmaster general. However, being that you knew you where behind in your mortgage, you do take some of the blame for not following up on that letter.

__________________
How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com...allenders.html
SOL for all states
http://www.debtconsolidationcare.com...imitation.html




Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump



All times are GMT -8. The time now is 06:09 AM.






* Disclosures:
  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 35.831 seconds.