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Stall or Stop Foreclosure Proceedings

Tuesday, February 24, 2009 posted by Tommi Crow

Homeowners:  If you have received a notice of foreclosure on your property, there may be a easy and legal way to stall the lender.  

Recent reports have shown that some homeowner’s have been successful in delaying a foreclosure sale, by simply requesting that their lender provide copies of their original paperwork for the loan.  It seems that some of our banks and lender’s are often unable to locate the actual paperwork securing the loan against the property.  Opps!

Ask your attorney to demand a copy of your original loan documents.  If the bank can’t come up with them, they can’t foreclose on your loan until they do.   

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