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Foreclosure in 19010 : Real Estate Advice

  • All21
  • Local Info0
  • Home Buying10
  • Home Selling2
  • Market Conditions1

Activity 4
Thu Jun 21, 2012
Robert Travers answered:
If I were in your shoes I would contact a real estate attorney and consult with them to see what options you have. You will need all he paperwork that the bank has sending you for the past months so gather all that up and call a lawyer. Good luck, I hope everything works out for you. ... more
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Wed Sep 29, 2010
Catherine Joynt answered:

Did you ever find your property? There are some new foreclosures that have recently come onto the marketplace. Please let me know if you are still looking- 610-680-7273. I would be more than happy to help

Kate Joynt
... more
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Tue Sep 16, 2008
Daniel Gershburg answered:
I am a Real Estate and Bankruptcy attorney, and the caveat hear is that im giving you my opinion and not legal advice. Most, if not all of the time, the filing of a consumer Chapter 7 Bankruptcy will halt the foreclosure proceedings for a specific period of time. However, what usually happens is that the lender will make a motion to lift the automatic stay (in non-legalese when you file for Bankruptcy all creditors are basically stopped from attempting to collect from you-with small exceptions). The bank will likely file a motion to lift this stay, basically stating (Hey, we want our money or we want to foreclose on the property). There arent many defenses here, as if you had the money to pay it off you wouldnt be filing for Bankruptcy in the first place. Furthermore, there are some quite serious considerations to filing for Bankruptcy regardless of the foreclosure (and many of those depend on your states laws). My suggestion is to IMMEDIATELY go see a few attorneys. Many of us don't charge an initial consultation fee and should be able to answer all of your questions. I don't mean to use hyperbole, but you're walking along a minefield right now and you need a few people to navigate your way out of this mess. Go speak to someone, make sure you trust them and feel good about them and go from there. Good luck to you. ... more
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Sun Aug 3, 2008
D. Derderian answered:
Wow what a hot market right now for these kind of sales.
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