Error Foreclosure
“Help” Foreclosure Nightmare?
My home was in foreclosure and I was able to enter into a forebarance plan with my mortgage company 10 days before the foreclosure sale date. My mortgage company told me the foreclosure sale was canceled because of me obligating the new forebarance plan. Low and behold it was sold and was not stopped because of an error between the attorneys for the mortgage company and the court house. They filed an objection vacating the foreclosure sale and certificate of sale. A hearing date has been set.Can the mortgage company still collect payments from me before the hearing even though someone bought my house at the sale and satisfied my mortgage?
Yes. You are still obliged to pay your mortgage. They are required to place those monies in a forbearance account though.
Often, depending on your state, you are required to only pay the amount of interest due.
I think you have a good case here. The courts don’t take likely mortgage companies or banks messing up on primary residences.
They are suppose to be professionals, and not mess up.
Good Luck
Americans Fight Back Against Foreclosure – Dylan Ratigan – MSNBC News – Brookstone Law
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