Sentences with phrase «involved than a foreclosure»

Short selling your home is a much better alternative for all parties involved than a foreclosure.

Not exact matches

Non-judicial foreclosures are generally faster and easier for lenders to execute than the judicial process, which involves a court, along with lawsuits and appeals in some cases.

Will County courthouse officials have been unable to locate a south suburban restaurant owner involved in a more than $ 1.75 million foreclosure lawsuit, according to court documents.

An Ernst & Young study of 430 loan transactions by 15 community - development financial institutions (CDFIs) involving 336 charter schools found a foreclosure rate of 1 percent, lower than the corporate sector debt - default rate of about 3 percent.

Short sale involves a homeowner in default to sell the property for less than it is worth to avoid foreclosure fees.

Foreclosure is balanced by healthy activity even sooner than bankruptcy, as foreclosure only involves a single account — the mortgage.

Bankruptcy — Represented financial institutions in adversary proceedings and administrative cases including allegations of improprieties in the lending process, credit reporting claims, foreclosure defense, and asset recovery; represented a multinational corporation in adversary proceeding involving allegations of a violation of the automatic stay — settled case for less than 7 % of claimed amount; Served as first - chair defending government contractor in adversary proceeding alleging violation of the automatic stay in rejecting a teaming agreement.

Oversaw more than 25 litigation matters involving workout and foreclosure of properties in pool of distressed loans purchased from FDIC.

So even though the odds remain steep for those involved in more than 4 million foreclosures since 2007, you can expect to see more and more of such consumers reaching out for your help.

This means the court is involved, and generally takes longer than a non-judicial foreclosure where the timeline from default to losing your home is speeded up through the power of sale clause.