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...
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...
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...
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...
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...