A person borrowing money to buy a home assumes the loan is secured by the mortgage lien on the house. In the event the house is sold in a foreclosure, they might also assume the debt has been satisfied. But that is not the case! There are two aspects ... [Read more...]
Real Estate Law
How Can a Lawyer Help You Defend Against Foreclosure?
If you fall behind on your mortgage payments, your house might end up in foreclosure. However, there can be good defenses to a foreclosure lawsuit. Lack of Legal Standing For a bank to bring a foreclosure lawsuit, it must have "legal standing." ... [Read more...]
