by Harry Styron, Styron & Shilling
The entire process can take place in as little as four weeks, but 12 weeks is probably average, at least in Missouri.
If you cannot make your mortgage payments, your first priority should be finding another place to live that you can afford. The security of shelter is tremendously important to your health and ability to provide for your family and to the preservation of family relationships.
Most lenders have programs for attempting to prevent foreclosures, because foreclosures are not financially advantageous for lenders, but are the lenders’ only way out of bad situations. Struggling borrowers should check lenders’ websites and carefully read any correspondence from the lenders to look for alternatives offered by lenders.
How can a lawyer help? Read the rest of this entry
Ozarks Law & Economy 