Do I need to reply to the court on a foreclosure?

This is a discussion on Do I need to reply to the court on a foreclosure? within the Mortgages, Refinancing, Foreclosure forum, part of the Buying & Selling Property category; Hi I got the lawsuit paper work from the mortgage companyo n june 27th; I have 20 days to reply ...

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Old Jul 8th, 2009, 09:09 AM   #1
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Confused Do I need to reply to the court on a foreclosure?

Hi
I got the lawsuit paper work from the mortgage companyo n june 27th; I have 20 days to reply to the court but I can not affort an attorney at this point.
I thought about not to reply to the lawsuit and let the house go; I had been tryng to work it out with the bank but they are not open to anything, but there is something on the papaer that said "future income" my guess is the bank is requesting to get from me any money that I can make in the future. So base on that piece of information; do I need to reply to the court and explain my situacion? It will not save the house but maybe it will save my future income?
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Old Jul 9th, 2009, 12:00 PM   #2
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Default Re: Do I need to reply to the court on a foreclosure?

It is best to respond but your financial situation is not going to stop anything unless the bank wants to work with you. Still best to be there and know what is going on.

Try emailing world law and see if they could help you respond if you cannot figure out the pleadings?
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Old Sep 23rd, 2009, 01:50 AM   #3
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Default Re: Do I need to reply to the court on a foreclosure?

Hi,

Experienced foreclosure investors may work in various stages, but the possibility of making a transaction with the house owner is no longer possible after the property is an REO. We deal with REO properties. Thus you need not bother about the previous owner here! To know more log on to:

www.m3reo.com
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