Connecticut Bankruptcy & Foreclosure Defense Blog

Foreclosure is a catch-all term for the processes used by mortgage-holders , or mortgagees , to take mortgaged property from borrowers who default on their mortgages Foreclosure, like mortgages generally, is governed by the law of the place where the mortgaged thing is. All involved need a resolution that will end in a resumption of the payments, or an agreed-upon foreclosure with indemnities to the home owner against future troubles (say from the real owner of the original promissory note), or some contractual arrangement that ends up with a salable property in the local community.

The morally corrupt bank sponsored attorney – Kristi Pallen – ( [email protected] ) (330-405-1199) has fought hard to legally block the Yeager’s request for a Stay (of an eviction) and also has refused a supersedeas property bond offer (collateral). If there are no bids higher than the opening bid, the property will be purchased by …