(The following article was featured on Forbes.com) by: John Higgins If you own property that’s central to your business—or if owning and leasing commercial property is your business—then making those monthly mortgage payments may get pretty tough at times. When customers aren’t coming in—or renters suffering the same problem can’t pony up—the cash flow simply…
My house has gone to a foreclosure sale, can I remain in the home? The short answer is yes–but it is very difficult to remain in the house after a foreclosure sale long term. If you put forward a good defense when you go to court however, you may be able stay in your home….
I need to stop my house from foreclosure in Tennessee- can I rescind my loan? What is a mortgage rescission in Tennessee? Does the new United States Supreme Court Truth in Lending Act (TILA) ruling effect my Tennessee foreclosure sale? What happens if I send a rescission letter to my servicer/lender in Tennessee? Will this…
A non-Judicial Foreclosure in Tennessee has been Stopped. The Bank of New York Mellon’s motion to dismiss the lawsuit to stop the foreclosure was denied. The Tennessee Court entered an Injunction to stop the foreclosure sale. On July 24, 2015 a Franklin (Williamson County), Tennessee Circuit Judge stopped a potential wrongful foreclosure in Tennessee. My…
BEWARE OF SCAMS AND NON-ATTORNEYS GIVING ADVICE Tennessee is seeing a huge rise in foreclosures. There is also a huge rise in scams involving the subject matter. There are people who are trying to wrongfully cash in on the foreclosure situation by promising people who are facing foreclosure that by getting a very expensive loan…
How much do you have to owe to file bankruptcy? Filing for Bankruptcy in Tennessee is a difficult decision. Most people want to know if Bankruptcy in Tennessee is the right option or not. It’s a hard subject to deal with and it’s even harder to ask people “How much do you have to owe…
Banks in Tennessee are still trying to foreclose on houses that they don’t own. People in Tennessee paying Mortgages are facing foreclosures from imposters. All too often I get calls from people who are in their homes and facing foreclosure in Tennessee. They have been speaking to a representative from the bank who keeps promising to…
According to the National Mortgage Settlement web site, 49 state attorneys general and the federal government reached agreement to settle a long-running dispute with the country’s five largest loan servicers: Ally/GMAC, Bank of America, Citi, JPMorgan Chase, and Wells Fargo. The settlement will provide as much as $25 billion in relief to distressed borrowers and direct…