One of the biggest mistakes you can make after getting served with foreclosure papers is to do nothing, figuring you’ll “just let the house go.” Not only will you lose your home, but the bank will probably get a deficiency judgment against you; that is, a judgment awarding the bank money for the difference between [...]
Posts Tagged ‘loan settlement’
Do not ignore Foreclosure papers
Don’t ignore that foreclosure notice just because your lender is already “working” with you on your mortgage problem!
Too many people think that because their lender is working with them on a short sale, a modification, or some other workout option, they don’t have to do anything about the foreclosure papers they got served with.
