Why Struggling Homeowners Should or Should Not Stop Paying Their Mortgage: A legal perspective from Laura I. Shidlovitsky, Attorney at Law
With 1 in 4 American homes underwater and an estimated 1.7 million in foreclosure proceedings, strategically defaulting is becoming a more popular option for borrowers. However, Strategic defaults also come with a slew of personal and legal ramifications. Attorney at Law, Laura I. Shidlovitsky discusses the unglamorous side of foreclosing and what you can do…
Facing Foreclosure, Bank Reimburses Fla. Couple
A Fla. couple finally got thousands of dollars in reimbursement from Bank of America by threatening the bank with foreclosure. The long legal battle actually began when the bank wrongly foreclosed on the couple’s home. (June 6)
Fight Foreclosure – Demand The Banks Produce The Note!
The banks have sold and resold mortgages so many times a huge number of banks no longer actually have any legal claim to property they foreclose on. It’s time we stop the banks from literally stealing property they have no right to take. They get away with it because most people have no idea the…
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