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Financial Lifelines: Exploring Relief Options in the Repossession Process

by Dept. of Reclamation | Feb 19, 2023 | Article

Overview of the Repossession Process The repossessing process of a car can be an overwhelming experience for many. However, knowing the available financial lifelines can offer much-needed relief. Notably, understanding how to use refinancing and redemption options and...

Judicial vs. Non-Judicial Foreclosures: How the Court System Plays a Role

by Dept. of Reclamation | Feb 2, 2023 | Article

Introduction to Judicial and Non-Judicial Foreclosures Judicial and non-judicial foreclosures are two methods used to foreclose on a property. Judicial foreclosures involve the court system, where the lender files a lawsuit against the borrower and the case proceeds...

Understanding Your Rights as a Homeowner Facing Repossession: The Legal Concept of Redemption or Right of Possession

by Dept. of Reclamation | Jan 19, 2023 | Article

If you’re a homeowner facing repossession, you may be wondering what your options are and whether you have the right to remain in your home until it’s sold at auction. The good news is that in some states, homeowners have the right to...

Understanding Your Legal Rights as a Homeowner During Repossession

by Dept. of Reclamation | Jan 19, 2023 | Article

When a homeowner falls behind on their mortgage payments, the lender may begin the process of repossessing the home. This can be a stressful and overwhelming experience for the homeowner, but it’s important to know that there are legal protections in place to...

Understanding the Short Sale Process: A Guide for Homeowners at Risk of Repossession

by Dept. of Reclamation | Jan 19, 2023 | Article

A short sale is a process in which a homeowner sells their home for less than the amount they owe on their mortgage in order to avoid repossession. This option is typically pursued when the homeowner is unable to make their mortgage payments and is at risk of losing...
« Older Entries
Next Entries »
  • Navigating the Complex World of RepossessionMay 29, 2023
  • Empowering Homeowners: Understanding Your Legal RightsMay 26, 2023
  • Standing Your Ground: Homeowner Responsibilities During RepossessionMay 20, 2023
  • Choosing the Right Authorized UserMay 20, 2023
  • Types of Property Liens: Exploring Mechanics, Tax, and Judgment LiensMay 20, 2023
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