Stop Foreclosure Sale
April 21st, 2010
Stop Foreclosure Sale
Question: Stop Foreclosure Trustee Sale?
We have received a date for a trustee sale on our house. we are behind 6 onths and have talked with a attorney. He wants us to file a BK but our income is too high.( so is our mortgage)..
Anyway I have two questions..
1. Is there anyway to stop the tustee sale without using a attorney??
2. If we file a BK to stay in the house a few more months, will it show on our credit report if we dont do anything past the filing??
Thanks
Confused & Broke
Answer: John, the attorney's advise is most likely your only option due to your current financial situation.
If you had paid a small amount of your mortgage each month and at least spoke to the lender when they called, you might have staved off the foreclosure proceedings. Now there are only two ways to stop it, file BK or pay up.
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Tags: Foreclosure, home, how to stop foreclosure sale, sale,, short, stop, stop foreclosure sale date
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