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I just got notice of foreclosure, should I file bankruptcy instead?
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[quote:Anonymous Coward 357422:MV81MzUyMTlfODIyOTkxN181ODkzQjM2MA==] [quote:Ignob 414834] I've seen posts about the fact that if your original mortgage was sold to a third party and they didn't do all the needed paperwork (this is common), they can't legally foreclose on you. I'm not kidding. You can skate. Check that out. i [/quote] Demand that the loan company produce the original loan document, not a copy. They don't have it, 99.9 percent probability. If they can't produce it, they can't prove their claim in court. Talk to a lawyer about it if you have doubts that it works. [/quote]
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I just got notice of foreclosure, should I file bankruptcy instead? I don't want our house, we are moving out of state anyway for a new job. We can't recover any money on our home so it is pointless to sell. We need a little more time before we move out to save up. Any advice?
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