Fighting Foreclosure: How to Keep Your House

FIGHTING FORECLOSURE HOW TO KEEP YOUR HOUSE FORECLOSURE IN THE UNITED STATES: 1,000,000 = 1 200 IN American homes are approximate number of American families that enter foreclosure each year foreclosed upon CIRCUMSTANCES THAT LEAD TO FORECLOSURE 85% 50% 32% 25% households with 1 missed mortgage households with 2 missed mortgage households that suffer employment loss households that suffer a medical payment payments crisis 60% of households aren't aware of the refinancing options their lender provides How TO KEEP YOUR HOME WITH FORECLOSURE DEFENSE: WHAT IS FORECLOSURE DEFENSE? Challenging unlawful lender practices as defined by the U.S. Consumer Financial Protection Bureau WHAT ARE THESE "UNLAWFUL PRACTICES?" VOID Dual tracking - negotiating a loan modification with a borrower while Robo signing – using fraudulent signatures on foreclosure documents to facilitate the foreclosure process Refusing principal reductions and refinancing to eligible borrowers Forcing borrowers to communicate with multiple lender contacts pursuing foreclosure WHICH LENDERS MUST ABIDE BY THE U.S. CFPB's LEGISLATION? cíti O WELLS FARGO Ally Financial Bank of America Citigroup JPMorgan Chase Wells Fargo WHAT CAN YOU D0 IF YOUR HOME IS THREATENED BY FORECLOSURE? Contact a foreclosure lawyer to begin the foreclosure defense process → & Sources: Infographic Provided by: http://www.fdic.gov/about/comein/files/loreclosure_statistics.pdf Jump http://www.realtytrac.com/trendcenter/trend.html http://www.bloomberg.com/news/2013-01-17/dual-track-foreclo- sures-limited-under-u-s-consumer-bureau-rules.html LEGALI http://www.legaldebtsolutions.com/foreclosure-fraud-foreclosure-defense www.bankruptcyforeclosureattorneycolumbusoh.com