| The Government finally admitted that the Mortgage | | | | foreclosure process. |
| Modification Program did not did not work, it is not | | | | A Homeowner Court Hearing. |
| working and it is not going to work in the future unless | | | | As a homeowner, you have the right to request a |
| major changes are implemented into the plan. A | | | | Court hearing in your local Circuit Court about your |
| reform is now being contemplated by the Obama's | | | | foreclosure filling. This strategy can be extremely |
| administration, but in the meantime thousands of | | | | powerful if you use it correctly. Just by pushing certain |
| homeowners keep losing their homes every single day. | | | | buttons you can keep this process going on for over a |
| The main reason the rate of foreclosure has kept | | | | year. It must be done properly but you don't need a |
| increasing is for disinformation at the highest level. The | | | | lawyer to do this successfully. |
| vast majority of homeowners could successfully stay | | | | Find Errors in your Housing Contract. |
| in their homes for years if they only knew how to use | | | | This is one of the most powerful strategies to fight the |
| the law in their favor to legally delay the foreclosure | | | | foreclosure process and can keep you in your home |
| process for many years even without making monthly | | | | for more than a year. Most housing contracts from the |
| mortgage payments. | | | | last 2 to 5 years contain errors. Your job will be to |
| Unfortunately most homeowners don't know how to | | | | carefully revise those papers to locate little mistakes |
| fight the foreclosure properly and end up losing their | | | | and then use that against your lender to stop the |
| homes just in a few short months after being served | | | | foreclosure process in its tracks. |
| with the foreclosure summons by their lenders. Here I | | | | This strategy will bring your lender on its knees and |
| will show you just a few of the hundreds different | | | | you will have control over them instead of they over |
| strategies that you can effectively use to fight | | | | you. This strategy is terrific and many homeowners |
| foreclosure against your lender. | | | | are still in their homes because of this, unfortunately |
| A properly formatted Hardship Letter. | | | | the mortgage companies have tried to keep this under |
| A carefully crafted hardship letter may work wonder | | | | the sheets. |
| in delaying the foreclosure process indefinitely. A | | | | Most lawyers are not willing to share this strategies |
| hardship letter is the letter that you use to explain your | | | | with the regular homeowner either, but they use it daily, |
| lender that you are going through a financial hardship | | | | and charge thousands of dollars to fight foreclosure. It |
| and are temporally unable to keep making your | | | | is extremely effective and you don't need a lawyer to |
| monthly payments. | | | | use this strategy. In fact, lawyers may try to |
| This letter is commonly used to apply for refinancing or | | | | discourage you from trying this alternative since it will |
| mortgage modification but it works wonders if molded | | | | not make sense for them financially. |
| carefully for the porpoise of stopping or delaying the | | | | |