QUESTION
How can I stop the court auctioning off my house if I have a lien?
Asked on Aug 13th, 2012 on Foreclosures - Florida
More details to this question:
I owe someone money , and they put a lien on my house, and now the court says they are going to auction off my house in 30 days. How can i stop this? I am unemployed and am currently renting the house for my sole income.
3 ANSWERS
Bankruptcy Attorney serving Phoenix, AZ
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Law Office of D. L. Drain, P.A.
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If you put a lien on your home you have to pay the lien in order to keep the house. The lender has a right to foreclose if you are not paying the debt. In bankruptcy there are a few exceptions cramming down a first mortgage - but that is fairly complicated. You really need to get legal advice to determine your options.
Answered on Aug 27th, 2012 at 2:07 PM
Real Estate Attorney serving New Port Richey, FL
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Jay W. Moreland, P.A.
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If the house is to be sold in 30 days, your options are limited and you must act quickly. Essentially you need to negotiate a settlement with the lender, pay the lender off, convince the lender to delay the sale or file a bankruptcy. You need to see a lawyer immediately because you have little time and you may not have enough to do anything if you wait to act.
Answered on Aug 27th, 2012 at 2:06 PM
Criminal Defense Attorney serving Deltona, FL
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R. Jason de Groot, P.A.
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Get to an attorney. You should have gotten to an attorney at the beginning of the case.
Answered on Aug 27th, 2012 at 2:06 PM