Law Library Articles
Top 10 Foreclosure Articles in the LegalMatch Law Library
If you really enjoy the phrase “out with the old, in with the new!”, perhaps you’ll find a special enjoyment in the foreclosure process. Otherwise, you’ll likely find it to be absolutely no fun at all.
Many people are ignorant of the foreclosure process, perhaps in part due to their hope that they will never have to experience it. However, it would be prudent for any homeowner with a mortgage to educate themselves about foreclosures in order to prepare for the worst.
1. How to Remove a Lien
A lien on your property can prevent you from selling it. To remove a lien, you must first pay off the underlying debt. Once the debt is paid, the lienholder should file a release of the lien.
2. Lien Release Lawyers
A lien release is a document that is filed with the county recorder’s office. This document shows that a lien on a property has been paid. If a lienholder does not release a lien after being paid, you may need to take legal action. Learn more about your legal rights with regard to lien releases in this article.
3. How Much Will a Foreclosure Lawyer Cost?
The cost of a foreclosure lawyer can vary depending on your case. Many foreclosure lawyers charge a flat fee for their services. This can range in price depending on your legal issue, geographic area, and other factors.
4. HOA Foreclosure Defenses
If your homeowners’ association (HOA) tries to foreclose on your home, you have several defenses. You can argue that the HOA did not follow the proper procedures or that they charged an incorrect amount. You can also challenge the validity of the lien.
5. Title Loan Lawyers
A title loan is a short-term loan that uses your car as collateral. These loans often have very high interest rates. If you default on the loan, the lender can repossess your car.
6. Predatory Lending Claim Lawyers
Predatory lending involves unfair or deceptive loan practices. This can include charging excessive fees or making loans that the borrower cannot afford to repay. There are federal and state laws that protect borrowers from these practices. Learn more about predatory lending claim legal issues.
7. Mortgage Fraud and Foreclosure
Mortgage fraud can occur when a borrower lies on a loan application. It can also happen when a lender uses deceptive practices to sell a loan. Both borrowers and lenders can be charged with mortgage fraud.
8. Dual Tracking Foreclosure Lawsuits
Dual tracking occurs when a lender proceeds with a foreclosure while also considering a loan modification. Federal law prohibits this practice. If your lender is dual tracking your loan, you may be able to sue them.
9. Lien Holder Rights
A lienholder has a legal claim on a piece of property. If the property owner does not pay their debt, the lienholder can foreclose on the property. The lienholder can then sell the property to satisfy the debt.
10. Zombie Properties Lawyers
A “zombie property” is a home that a homeowner has abandoned due to foreclosure. These properties can become a problem for the surrounding neighborhood. In some cases, the homeowner may still be responsible for the property.
