Worried About a Foreclosure? – Ask Steve

Worried About a Foreclosure? – Ask Steve

Written by  in category 
March 17, 2017

Join Attorney Stephen Foondos from the United Law Center this and every Saturday from 3-4:00 p.m. for the Ask Steve For Free radio program on NewsRadio KFBK 1530AM when we discuss what to do if you’re worried about a foreclosure and also why you should never expect an up front guarantee from your attorney on case results. Be sure and check out Stephen’s new series, The Ask Steve for Free Legal Challenge that runs every weekday morning at 7:30am on KQCA-MY58 TV. These weekly topics will extend into the radio show where we explore them in more depth. This week’s show will cover:

What should you do if you’re facing a foreclosure? Have you experienced a hardship and missed a payment or two then been offered a modification from your lender? Did you accept a modification only to later be foreclosed upon or be denied the modification? We want to help you understand what documents to look out for, and what the signs are if your bank is trying to wrongfully foreclose on your home.

If you are facing an immediate foreclosure including an auction sale or eviction YOU STILL HAVE OPTIONS. We can help you navigate what solution makes the most sense in your unique case:

  • Seeking a loan modification yourself through your lender or Keep Your Home California
  • Discussing a short sale with your lender
  • Filing a lawsuit with a qualified, experienced foreclosure attorney
  • Filing for Bankruptcy

What do we do now that HAMP has ended? What is the future for mortgage modification? Don’t expect mortgage servicers to be very motivated to give more modifications. It still worth trying but you’re more likely to get a real modification directly from your lender.

A recent New York Times article highlights that through HAMP, “Around 70 percent of those who applied for loan modifications were turned down (in the HAMP program). In the end, some 1.6 million homeowners had their loans permanently modified — less than half the number the program was intended to help. Meanwhile, nearly 14 million homes went into foreclosure, according to ATTOM Data Solutions, which tracks foreclosure filings.”

However, in California, we still have funds available through Keep Your Home California, which was extended through 2020 or until the remaining funds are depleted. Or, if you can refinance to get away from a servicer, DO IT IMMEDIATELY before interest rates escalate.

Join us each Saturday on 1530AM NewsTalk KFBK for the Ask Steve Show from 3:00-4:00 p.m. Past show podcasts are available here.

 
Please follow and like us:

2,114 Responses

  1. bird says:

    Great blog here! Also your web site loads up fast! What web host are you using? Can I get your affiliate link to your host? I wish my site loaded up as fast as yours lol

  2. I was recommended this web site by my cousin. I’m not sure whether this post is written by him as no one else know such detailed about my trouble. You are incredible! Thanks!

  3. auto logo says:

    It’s appropriate time to make some plans for the future and it’s time to be happy. I’ve read this post and if I could I wish to suggest you some interesting things or suggestions. Maybe you could write next articles referring to this article. I wish to read more things about it!

  4. I loved as much as you will receive carried out right here. The sketch is attractive, your authored subject matter stylish. nonetheless, you command get got an nervousness over that you wish be delivering the following. unwell unquestionably come more formerly again since exactly the same nearly a lot often inside case you shield this hike.

  5. I would like to thank you for the efforts you’ve put in writing this web site. I’m hoping the same high-grade web site post from you in the upcoming also. In fact your creative writing skills has encouraged me to get my own web site now. Really the blogging is spreading its wings fast. Your write up is a good example of it.

  6. Well I truly liked studying it. This post provided by you is very effective for accurate planning.

  7. I think other website proprietors should take this site as an model, very clean and great user genial style and design, as well as the content. You are an expert in this topic!

  8. Well I definitely enjoyed studying it. This subject offered by you is very effective for good planning.

  9. Pets says:

    Thanks for the sensible critique. Me and my neighbor were just preparing to do some research about this. We got a grab a book from our area library but I think I learned more from this post. I’m very glad to see such magnificent information being shared freely out there.

  10. Excellent weblog right here! Also your site a lot up fast! What web host are you the usage of? Can I am getting your associate hyperlink to your host? I desire my web site loaded up as fast as yours lol

Leave a Reply

Your email address will not be published.

United Law Center Newsletter
=