Foreclosures

You have options to sue the mortgage company both before and after an illegal foreclosure.

The Secret Your Mortgage Company Does Not Want You To Know About Regarding Stopping Foreclosures

My name is John Watts and my law firm helps Alabama consumers who are facing foreclosure to stop the foreclosure without filing bankruptcy. Join me on this short journey and I trust you will find this time well spent as you look for how to save your home from a foreclosure. The only supposed ways to stop a foreclosure in Alabama The mortgage company (whether Nationstar/Mr. Cooper or Wells Fargo or Bank of America or whoever) wants you to believe… (Read more)


Is an Alabama ejectment lawsuit (after foreclosure) like a case on Judge Judy?

No. We see so many Alabama consumers make this mistake and it ends in disaster and anger. Let me lay out the context and then we’ll dive right into what happens. Context — foreclosure happens and then you get sued So as an Alabama resident and homeowner you get behind.  Your mortgage company threatens foreclosure. So you get a default letter and then an acceleration letter. Maybe you try loss mitigation or maybe not. Then on the actual date of… (Read more)


Is it legal for my second mortgage to foreclose on me?

“Is it legal for my second mortgage to foreclose on me?” The answer is yes, they can. As long as the mortgage company follows the rules. Let’s take a moment to define some terms, though. When we’re talking about the first mortgage company, we’re talking about the main mortgage for your home. Sometimes, people decide to get another mortgage on top of that. That second mortgage is also tied to the house you bought. When you’re dealing with a foreclosure,… (Read more)


What exactly is a foreclosure deed in Alabama?

“What exactly is a foreclosure deed in Alabama?” There are many misconceptions out there about what a foreclosure deed is. Today we would like to clear those up for you. When we’re talking about who owns your house, we tend to jokingly say that the bank owns it. Technically speaking, we own our houses. There is a debt that we pay back to the bank (the “note”), and the mortgage ties that debt to the house, but it’s in our… (Read more)


Do I have to file a temporary restraining order (TRO) to stop an Alabama foreclosure?

“Do I have to file a temporary restraining order (TRO) to stop an Alabama foreclosure?” This is a question that we receive often in our practice. Consumers will come to us and usually say, “My house is going to be foreclosed on in 7 days, and the only option I have is to file a temporary restraining order.” This simply isn’t the case. Filing a TRO isn’t a new idea, but it’s something that rarely is done these days. We’ve… (Read more)


Why does my mortgage company ask for the same documents over and over during a loan modification?

“Why does my mortgage company ask for the same documents over and over during a loan modification?” This is a ridiculously frustrating situation to be in when you’re trying to save your Alabama home. When you’re facing foreclosure, taking action is important. You’re looking into loss mitigation, specifically a loan modification. The mortgage company asks you to fill out a form, so you fill it out and send it to them. They also say that they need your tax forms,… (Read more)