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Homeowners fight illegal foreclosure
Homeowners fight illegal foreclosure Bank of America has unlawfully organized sales for over 100 local homes in 2011 by Andrew Kirk, OF THE RECORD STAFF Posted: 06/28/2011 04:25:16 PM MDT If your Summit County home is foreclosed upon by a company that does not hold your loan and has no legal right to operate in Utah, there may be nothing you can do about it. That’s been the experience of hundreds of Utahns foreclosed upon by ReconTrust, a subsidiary of Bank of America. The company has publicly noticed the sale of over 100 homes in Summit County this year alone in The Park Record’s legal notices pages. According to the Summit County Recorder’s Office,...
Read MoreFending off foreclosure: You don’t have to lose your home
Fending off foreclosure: You don’t have to lose your home By Michael D. Larson • Bankrate.com Curing a foreclosure is a little like curing cancer — the sooner you catch it, the better your chance of survival. Early on in the default process, consumers can still come back from the brink because they haven’t missed more than one or two monthly payments and their lenders haven’t spent too much trying to get them back in line. But as the foreclosure process moves along, the size of the delinquent debt owed and the bank legal costs that customers are usually charged mount. Borrowers who try to ignore their financial problems — and...
Read MoreForeclosure woes: For one homeowner, following bank’s advice was bad news
PANAMA CITY BEACH — Lindsay Hall took out a $200,000 loan in 2005 on her paid-off beach house with the understanding that her $600 monthly Social Security check would cover the mortgage payments. When her interest rate jumped more than a year ago, it raised her mortgage payments to $1,500. At that point, Hall started the fight to save her home. “I want to say I did my best to fight for the American dream,” said Hall, 70. Hall has negotiated with her loan servicer, IndyMac Mortgage Services, to modify her loan payments multiple times. Each time she negotiates payments within her $600 budget, the modification is rejected and the mortgage payment jumps back to $1,500...
Read MoreNew York Law Firm Gears Up to Protect Clients from Foreclosures and Debt Issues
Litvin Law Firm, P.C. announces its decision to gear up in order to protect the citizens of Florida and New York from unsecured credit card debt. With the number of bankruptcies and foreclosures in New York, New Jersey, and Florida constantly on the rise, Litvin Law Firm P.C. has taken the matter upon itself to assist clients in getting out of debts and keeping their homes. To this end, Litvin Law Firm, P.C. engages in foreclosure defense, debt negotiation or settlement, filing for bankruptcy and debt mitigation. To find out more about how the Litvin Law firm may be able to help you, visit http://www.litvinlaw.com/ for a free case evaluation. Litvin Law P.C. Firm...
Read MoreNew York Foreclosure Attorney Gennady Litvin Helps Individuals in Need of Legal Help with Their Finances
In December 2008, Gennady Litvin founded and became the lead counsel of the Litvin Law Firm, PC. Mr. Litvin graduated Pace University with a Bachelor’s Degree in Business Economics, and went on to pursue his Juris Doctorate at the University of Miami School of Law, where he was a proud member of the esteemed Business Law Review. Mr. Litvin was admitted into the Florida State Bar in 2008, the New York State Bar in 2009, and the United States District Court for the Eastern District of New York in 2009. Mr. Litvin is a member of the Dade County Bar Association, the American Bar Association, and the New York State Bar Association. His experience advising on and...
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