A wrongful foreclosure can happen at anytime. They are often the result of banks’ mistakes and lack of due diligence. Many mortgage servicers have lead people along the path to foreclosures. What most people do not know is that if a missed payment is made on a mortgage then the whole mortgage is due within as little as one month. That means that you cannot miss many mortgage payments without the bank taking back your home.
Wrongful Foreclosure Arguments
- Banks to foreclose on someone who isn’t behind or has paid off a mortgage.
- Banks tells you it is okay to miss two payments which subsequently leads you down the path to foreclosure.
- You were behind on your mortgage but could have caught up if not for additional fees.
- Mistaken foreclosures due to dual track of foreclosure and loan modification processing.
- Banks offering a modification and not following through with the process.
- Foreclosures in which the bank cannot prove it has standing to foreclose.
This can be a serious issue. Many people have lost their homes which for some can be a person’s largest asset. California Debt Harassment Attorney offers a free consult on wrongful foreclosure among other topics related to debt collection, credit reporting, debt defense and more. If you feel you may have or that you will be wrongfully foreclosed, please contact us HERE to see how we can help you.