Foreclosure affects everyone. California is a â€œTrustee Foreclosure Stateâ€. The informality of non-judicial foreclosures, futile loan modifications, and the lightning speed of post-foreclosure evictions have created an atmosphere of desperation for the homeowner. Furthermore, the complex legal environment is in flux, plagued with misinformation, and riddled with false silver bullets such as "produce the original Note."
I donâ€™t have the ability to explain each of these processes in detail on this forum but please click on the links provided for more detailed information on each of the options.
With your sale date fast approaching, it is important for you to know your options:
1) Declare a bankruptcy for the purpose of delaying the sale (or you may to go through with it )
2) File a civil action and get a Temporary Restraining Order.
3) Develop a pro-active foreclosure litigation strategy.
4) Challenge/Subpoena the Trustee â€“ Trustee Sale Verification.
5) Check if your loan has been Securitized and if it is, consult with an attorney who completely understands it.
Some Key Elements to Consider.
1. Securitization : The Securitization Process and how it works
The most important and difficult issue is proving the true status of the original obligation ("Note"). The only way you can determine the true status of the Note is through a fundamental understanding, analysis, and application of the securitization process.
2. Securitization and how it affects you
3. How does the Trustee Sale Process Work? http://surmountmortgageservices.com/foreclosure/foreclosurep
My goal is to empower the homeowner with innovative tools and strategies to navigate through the foreclosure and post-foreclosure process. If you have found any of the above information to be useful, please contact me by phone or email. I will be happy to speak with you about your individual situation.