If Your Home Is Up For Foreclosure.............

If your home is up for foreclosure then it is a matter of public record - which means that other people will know that your home is up for foreclosure.

If this is the case with you then you may start to receive mail offering help with your foreclosure and a lot of this mail will be coming from lawyers who will be soliciting you for business.

Here is an example of such a mailing:

Dear (Homeowner),

Court records indicate that your home at......is scheduled to be sold at sheriff sale on ........You are probably genuinely concerned about how to save your residence and solve debt problems. Rather than suffer the loss of your property, consider taking advantage of the protection Congress has made available to you by filing a Chapter 13 Bankruptcy Petition under Title 11 of the United States Bankruptcy Code, or perhaps we may be able to assist you with an alternative solution such as refinancing, state court remedies or negotiations.

You are in real danger of losing your property if you do not act. If you qualify, we can help you:

1. Save your home and stop foreclosure proceedings!

2. Solve your present financial difficulties!

3. Stop persistent collection efforts and creditor calls!

4. Stop wage attachments and court actions against you!

5. Stop utility shut-offs or have your utilities service restored!
6. Stop IRS collection and levies!
7. Stop repossessions and pay only the value of your car through the Plan.
8. Reduce or eliminate credit card debt, utility bills and medical bills

Please call today

Chapter 13 is an effective way to save your property from Sheriff's Sale and put an end to the torment of debt.

If you filed Chapter 13 or a Chapter 7 case in the past, and your case was dismissed or discharged, it is possible that you may be able to use Chapter 13 to save your property.

If you would like more information on how a Chapter 13 or Chapter 7 Petition can help you achieve financial peace of mind, please call our law office at......for a free consultation. Court deadlines are strictly enforced, therefore, do not delay, call us today. We have highly trained and dedicated staff who are ready to serve you.

We are a debt relief agency. We help people file for relief under the Bankruptcy Code.

Very truly yours,

.....Esquire

Now remember, the above mailing solicitation is from a legal firm or lawyer who has read or seen that your property is currently in foreclosure and they are sending you this mailing because they have read it.

If you can not afford a lawyer then you should try to find out if there is free legal help available in your area.

You should be very wary of these kinds of solicitations if you get them and you should seek out more legitimate ways of finding help to help you save your home from foreclosure.

I do realize that there may be some of you that do not have a lawyer and in that case you should seek out help from a legitimate lawyer referral agency - which you should be able to find in your local yellow pages.

Are You Facing Foreclosure?

Are you facing foreclosure on your home ?

If you are then one of the things that you should know is that it will be a matter of public record if you are facing foreclosure on your home. People and other kinds of businesses will be able to view this information and you may start to get letters in the mail offering to help you get out of foreclosure and or to help you save your home from foreclosure.

Here is an excerpt of one of these kinds of letters that you may receive:


STOP REAL ESTATE FORECLOSURE

If you can't catch up on your mortgage or property taxes and you are in jeopardy of losing your home, filing Chapter 13 bankruptcy may be able to help you.

In Chapter 13 you can keep your property and you'll have up to 5 years to catch up on your mortgage and pay your back property taxes.

Learn how you can pay your back mortgage payments and taxes over five years and keep your home!

The U.S. Congress has passed legislation that protects you and provides for a "Chapter 13" debt repayment plan.

Free Phone Consultation with an attorney!

If you qualify, you may be able to stop real estate foreclosure, eliminate unsecured debt and keep your property by filing a chapter 13.

This kind of letter also included a fee of just over $300 to help you.

You have to be very careful of letters such as this one! Find yourself a reputable bankruptcy attorney to help you if you want to save your home from foreclosure!

Be Careful Of Spam!

Here is a copy of a recent email that I got:

We've attempted to contact you about your home loan needs.

Your loan has been pre-approved for a rate as low as 3%

We specialize in getting the lowest monthly payment possible!

Bad Credit is not a problem

Home Equity (New Deck, Basement, Finishing, Remodeling, etc

New Home Purchase

debt Consolidation

Refinance Current Loan

Vacation

A~
Account Manager

60 second form No Obligation Quote - Click here now

First of all this email had a lot of grammer-related errors. There is no mention of the name of the business and I purposely left out the name of the "account manager" that was provided in the email.

Second of all, of course, is the fact that I did not apply for a loan from these people. (I don't even know who "these people" are!)

I wouldn't respond to such a message - except for reasons of research. And quite honestly I thought that with all the problems that the mortgage market is having right now that mortgage-related financing solicitations wouldn't be happening but they still are!

So it seems that there is still a market for those looking for clients, homeowners, etc in regards to mortgage re-financing.

As bad as the whole mortgage market is right now its just best (if you can) to be able to pay your mortgage off so that you won't be under the stress of having a monthly mortgage payment.