I believe it depends on the state you live in.
Yes, and you can bet they will. You need a lawyer as well!
Your options are to call a foreclosure lawyer or to call a bankruptcy lawyer because every state is different and you need professional assistance we can't provide you.
If it is not too complicated you may be able to do this yourself. Most mortgage companies will be able to talk you through it and let you know what information is needed.
If your mortgage company requires a reaffirmation agreement but you did not do it based on the advice of your lawyer, talk to the mortgage company and explain to them why you didn't do it. The lawyer should contact them for you and explain that these documents are not needed. In some cases it can be easier just to sign the reaffirmation agreement as the mortgage company is requesting.
We have a lawyer but he has not contact us back. We are behind on the mortgage.
Try to modify vs refi. You can get a much lower pymt that way & need no legal help.
Consult a lawyer on this. You can sell a property to your mother.
You need to discuss it with your lender. The present mortgage would need to be discharged and the new mortgage executed if the lender agrees.You need to discuss it with your lender. The present mortgage would need to be discharged and the new mortgage executed if the lender agrees.You need to discuss it with your lender. The present mortgage would need to be discharged and the new mortgage executed if the lender agrees.You need to discuss it with your lender. The present mortgage would need to be discharged and the new mortgage executed if the lender agrees.
There are several issues that you'll need to address: Was there mortgage insurance? If so, contact them to see what the process is to have the insurance pay off the mortgage. How was the title worded? Did the father have a will? Does the son have resources to continue the mortgage payments? You may need to contact a lawyer to find out what to do next, especially since so many of those issues are determined by the laws of the state.
The Dallas mortgage attorneys of the Armstrong Law Firm can help you resolve these problems. A mortgage lawyer can advise you of your rights or even help you initiate a lawsuit, where necessary.
For mortgage advice it's best to go to a banker. If you are thinking about filing bankruptcy, then you would want to speak to a lawyer. You might also want to try a financial planner.