You were foreclosed on by your mortgage company. And you are likely still feeling the effects of this — maybe you have been sued for ejectment, there is a deficiency balance allegedly owed, you had to uproot your family to move, etc.
It may seem as if all hope is gone — your mortgage company got away with this.
But there may yet be hope….
In a very surprising development, the law in Alabama has actually improved for consumers. Very… (Read more)
“Is bankruptcy a good way to stop a foreclosure in Alabama?”
You have a foreclosure coming up, and you’re wondering if you should file bankruptcy before that foreclosure happens in Alabama.
You’ve also, most likely, have gotten several letters from bankruptcy attorneys telling you that they can stop your foreclosure by filing bankruptcy.
If you’ve done any research, you’ll find out about this thing called “retargeting,” which is basically where a business can pay to follow you around in a… (Read more)
“Why do I have to send communications in writing to the mortgage company to protect myself?
Often we tell our clients that when they’re dealing with their mortgage company, it’s fine to communicate by phone or email, but they need to verify everything by getting it in writing.
Let’s talk about why this is important.
Many of these mortgage companies are crooked.
Sadly, this is how they operate.
They lie and cheat you.
We had one mortgage company representative tell… (Read more)
Nationstar Mortgage is one of the largest servicing companies of home mortgages and they foreclose on many Alabama homeowners.
A recent “branding” campaign of changing their name to “Mr. Cooper” is designed to make you think Nationstar is a kind, compassionate old friend.
A name change does not mean the corporate culture has changed.
Understand this — they will foreclose on you in a heartbeat. You must protect yourself from their tactics.
So how can you stop a foreclosure from… (Read more)
How does the Truth In Lending Act help stop an Alabama foreclosure?
We’ve talked in other articles about various laws that can help stop a foreclosure, such as RESPA, the FDCPA, and the FCRA.
Today we’re going to talk about TILA, the Truth In Lending Act.
There are a couple of provisions that come to mind when we talk about the Truth In Lending Act that may be able to help you if you’re facing foreclosure.
One provision is that,… (Read more)