Foreclosure

Struggling to pay your mortgage makes for an anxious and frustrating time. The last thing you want is to lose your home. Fortunately, you may have options – one of which is a special forbearance. Depending upon your circumstances, it may be your best option. What is a...

The past couple of years have been hard on people in Michigan and throughout the United States, not to mention the whole world. The pandemic has caused disruptions in many people’s lives, particularly with regard to working and earning a living. As such, a lot of...

Most Michigan residents dealing with the foreclosure process will do anything to keep their home. However, with the recent troubling times, many homeowners find themselves simply out of options and unable to make or catch up on their mortgage payments. If you are in...

In Michigan and many other states, counties can foreclose on homes and property if the owners fail to pay their property taxes. After three years of nonpayment of property taxes, officials can initiate foreclosure proceedings on the property and place the property for...

The United States is currently facing a tough economy and many people have lost their jobs and are facing foreclosure of their homes. The good news is that foreclosure is not everyone’s reality. Depending on your circumstances, your bank may be able to work with you...

During the last two years, many experienced life upheavals, including lost income, lost jobs and skyrocketing prices on everything from rent to food. This has, of course, resulted in severe debt, bankruptcies and foreclosures. And, unfortunately, several studies have...

As foreclosure moratoriums expire and the economic recovery continues, people in Michigan and around the country may face an unpleasant surprise as they exit forbearance. In recognition of these challenges, the Consumer Financial Protection Bureau (CFPB) put in place...

Foreclosure is always a concern for Michigan residents who are having a tough time paying their mortgage payment each month. They may sacrifice all of their other financial priorities in order to make that payment – and still come up short. If you think foreclosure...

For many homeowners in Michigan and around the country, making ends meet is a continuing challenge, and the threat of losing their home a frequent source of anxiety. But before being resigned to the inevitability of foreclosure, it may help to get an idea of exactly...

Foreclosure can be a complicated and stressful process involving a lot of paperwork, some of which may be difficult to understand. Michigan residents who have fallen behind in their mortgage may be tempted to avoid or ignore any paperwork that is received due to worry...