QUESTION

Foreclosure question

Asked on Aug 15th, 2014 on Foreclosures - Georgia
More details to this question:
Does a mortgage company have a certain amount of time in which to foreclose on you? I made a payment in Nov. 2009. We moved out of the house in July 2010. The mortgage company has still not foreclosed on me and I haven't heard a word from them since the end of 2010. What do I need to do?
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1 ANSWER

Personal Injury Attorney serving Fall River, MA at Botelho & Associates, LLC
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As of yet I have not heard of any protection for people who have been forced to leave their home or in the process of foreclosure in moved out of their home. I have clients that have been in foreclosure since 2006 and the bank still hasn't foreclosed on the property. This leaves the land owner responsible for property taxes and any utility bills associated with the property. This becomes even a worse problem if their multifamily dwellings and you have people that are living there especially if they are not paying rent. You may want to take some actions to protect yourself such as keeping the property in short or boarding up all the doors and windows so no one can get inside as you will be responsible for anything happen on that property while the property still in your name. I have responded to your inquiry according to the laws of Massachusetts, where my firm is located. Laws can vary significantly from state to state and cases tend to be rather fact-specific, so you are best served by consulting with a knowledgeable attorney in weighing your options. Email messages/Online Correspondence are akin to conversations and do not reflect the level of analysis applied to formal legal opinions. Email/Online responses do not form an attorney-client relationship.    Joseph F. Botelho, Esq. BOTELHO LAW GROUP Attorneys At Law http://fallriverbankruptcyattorney.com/ 901 Eastern Ave.  Unit 2 Fall River, MA 02723  Office:  888-269-0688 FAX:    877-475-8147 #bankruptcy  #lawyer  #FallRiver  #Chapter7  #chapter13  #debt  #debtsettlement  #foreclosure  #attorney   #cantpaybills  #lawsuit  #court  #bankruptcycourt  #eviction  #lostmyjob
Answered on Aug 19th, 2014 at 8:45 AM

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