Some people only see foreclosures from a distance. It’s something that can happens to anybody, specially in this times of economy crisis. Do you know what to do when you receive a foreclosure notice? What are the consequences? This article will explain what you need to know.

Foreclosures have transformed Lake Las Vegas resort from a symbol of prosperity into an emblem of recession. Beyond the suburban spread there lay an artificial lake in the desert flanked by a village with an Italian touch – representing everything that taste and money could buy. But the overflowing milk of prosperity has suddenly curdled. [...]

We are going to recap another week full of interesting tidbits related to foreclosure and foreclosure issues. The Obama Administration said that they are expanding the housing aid in order to give lenders amore incentives to folks on second mortgages. What has happened is back when the market was good it was not unheard of [...]

Foreclosures respect nothing – they are now knocking on church doors. During the time of the housing boom the church authorities dreamt in a big way – dreams that are turning into nightmares of debt and foreclosures. Recently a survey is being undertaken about churches and foreclosures. It is not clear as yet how many [...]

Banks are being more and more questioned about their right to sue foreclosure victims because of lack of proper documents. The real estate law prevalent in Ohio states clearly that any person bringing a foreclosure suit must at the very onset attach all the relevant documents showing that the plaintiff has the right to collect. [...]

The persons behind the foreclosures make an interesting study that bring home the reality of the crisis – something personal and beyond mere numbers. Jeff Wagoner was formerly a navy aviator. Today in Kansas City he is an attorney dealing with bankruptcy cases. From the high perch of his office in a tower sitting on [...]

With foreclosures running at about 20,000 per week, at least 100,000 more families are likely to lose their homes before Congress passes a relief bill. And even then, the measure may fail to stanch the problem unless Congress comes up with something that is significantly better than proposals currently in either chamber. To produce a [...]

The Attorney General of Hennepin stated that some consulting firms have been duping foreclosure victims with promises of help. Six firms located outside the state have been charged by Hennepin County District Court. Injunction is being sought to prevent them from continuing with their business in Minnesota while the court proceedings are in progress. In [...]