How Long Do I Have in My House After a Sheriff Sale? Once the Ohio foreclosure process is over and your home has been sold at a sheriff sale, you are not yet legally required to leave your home. There are a few steps the sheriff, court and new owners must take before you can be evicted. You may also be able to save your home or stay the eviction process. The Ohio Sheriff Sale Eviction Process Once your lender obtains a Final Judgment of Foreclosure, the sheriff sale process will begin: … [Read more...] about Understanding the Ohio Sheriff Sale Eviction Process
If you are buried under a mountain of debt and your phone is ringing constantly with harassing calls from creditors and debt collectors, it may be time to consider filing for bankruptcy. Bankruptcy exists to help you regain control of your life without being weighed down by the nasty side effects of debt, including wage garnishment, mounting late fees, interest charges and unpleasant phone calls and letters. There are two major types of consumer bankruptcy filings: Chapter 7 and Chapter 13. It … [Read more...] about What is the Ohio Chapter 7 Bankruptcy Income Limit?
DannLaw attorneys representing clients who lost their homes due to a Wells Fargo’s computer “glitch” will ask judges in three states to compel the scandal-laden bank to turn over documents related to the error. The Petitions for Discovery will be filed in Fayette County Court in Kentucky, in Syracuse, New York, and in Hamilton, Ohio. “We suspected from the moment Wells announced the mistake had been made and concealed for years that they weren’t telling the truth about what happened or how … [Read more...] about DannLaw asks state courts to force Wells Fargo to disclose information related to software glitch that caused hundreds of borrowers to lose homes
If you find yourself in the middle of foreclosure proceedings in Ohio, it is important to know what the steps are leading up to the sheriff sale and when the sale will take place. It is also paramount to know what will happen if the sale occurs and the time frame in which you can still pay off the mortgage and save the property. The OH Sheriff Sale Timeline Explained The lender files a foreclosure complaint with the Court of Common Pleas in the county in which the property up for … [Read more...] about OH Sheriff Sale Timeline
In order to foreclose on a home in Ohio, a mortgage lender must file a foreclosure complaint with the county court. This gives homeowners an opportunity to save their home by contesting the complaint. If your lender is attempting to foreclose on your home, you should immediately educate yourself about the process and seek the help of expert legal counsel like the attorneys at DannLaw. The timeline below explains how the process works but remember, not all lenders proceed in the same way and … [Read more...] about The Ohio Foreclosure Timeline
What are Mortgage Reinstatements and Loan Modifications When you fall behind on your mortgage payments, the best way to avoid foreclosure is to pay the arrears, or the amount you owe your lender. There are two ways to bring your payments up to date so you can stay in your home. Mortgage Reinstatement If you have the funds needed to immediately resolve the past due balance you may apply for a mortgage reinstatement. To begin the mortgage reinstatement process you must contact your lender, … [Read more...] about Understanding Mortgage Reinstatement in Ohio
If you are in danger of losing your home to foreclosure, you should contact an Ohio foreclosure defense attorney immediately. That’s true even if your mortgage lender, Wells Fargo, Bank of America, etc., has obtained a final judgment and a sheriff sale of your home has already been scheduled. There are laws in place to protect your rights, and you can still fight back. Here’s what you can do to postpone or stop an Ohio sheriff sale. Options to Stop an Ohio Sheriff Sale Obtain a Stay of Sale … [Read more...] about How Can I Stop an Ohio Sheriff Sale?