I would definitely start looking for a place to move to. However, the bright side of this is, you should no longer pay any rent unless the bank notifies you through an attorney and sends you a copy of the "Assignments of Rent" clause. Most likely you will live rent free through the duration of your stay. I would advise you to definitely not continue to pay rent to anyone but the owner directly. If this guy is not the Owner of Record, don't pay him.
When the bank forecloses on the property, it will be sold at Sheriff's Sale, and then they will have to give you notice and time to move. More likely than not, this whole process will take many months and you should have enough unpaid rent saved to move elsewhere. In Philadelphia, as Michael Cohen adised you below, the Sheriff's office may offer assistance and direction. The bank, once it officially forecloses and buys it back at sale, may even offer you cash for keys. They will offer incentives like moving assistance to motivate you to leave and surrender the keys.
Please feel free to call me if you need further assistance. Good luck with everything.
All the best.
REALTOR, Property Manager
Your Real Estate Resource For Life
CELL (267) 254-7994
In the paperwork does it reference where you can lease back from bank till you complete the term of your executed lease?
Best contact an attorney review your options OR instructions of paperwork tendered to your attention.
NOTE: Best use a Realtor who resolves all the issues who owns the property
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
At this point i wouldnt be paying anymore money to them, you should contact the Attorney Generals office as well to report this crime, If you can get a free lawyer or free legal advice you should,. As far as moving, you will not get thrown out in 30 days, if you dont move out, you will get notice of a hearing where you can tell teh judge teh problem and arrange a move out date. You should also ask who ever served you if teh bank will complete a cash for keys with you, this is where you move out in 30 days, they can pay you say $1000 to $2000 and you leave teh place free of debris and personal property. You can try asking for more as well
good luck working things out