mortgage foreclosures in Pa- a legal mess
Tuesday, November 16, 2010 by Underdog Lawyer
Recently,there has been much media attention about mortgage foreclosures and the creditors (banks in most cases) not acting legally in filing them. Many times a house owner becomes frustrated with the debt collectors misleading them, charging them improperly for late fees and being totally inconsistent in communications. Further when the mortgage foreclosure suit is filed by the creditor, the complaint contains erroneous information or the home owner doesn't even know who the creditor is that is filing the suit.
It appears there is no one place a debtor can go where he will get a straight answer from a creditor as to how much is really owed, what he can do to keep his house , and what comes next. The home owner many times then essentially gives up, losing their home.
The debtor may be unaware of rights he or she have under Pennsylvania law. Specifically the debtor can't be mislead or deceived by a creditor.
Further, we think he or she has a right to halt the foreclosure action in many cases.
This is also an area in Pennsylvania that a class action might be appropriate, as many people are being wronged in a similar way. The first step for a homeowner is to consult with an attorney who specializes in that area and inquire of federal programs such as HAFA. The next step is don't give up,just because money is owed doesn't mean there isn't a way to keep your home.
It appears there is no one place a debtor can go where he will get a straight answer from a creditor as to how much is really owed, what he can do to keep his house , and what comes next. The home owner many times then essentially gives up, losing their home.
The debtor may be unaware of rights he or she have under Pennsylvania law. Specifically the debtor can't be mislead or deceived by a creditor.
Further, we think he or she has a right to halt the foreclosure action in many cases.
This is also an area in Pennsylvania that a class action might be appropriate, as many people are being wronged in a similar way. The first step for a homeowner is to consult with an attorney who specializes in that area and inquire of federal programs such as HAFA. The next step is don't give up,just because money is owed doesn't mean there isn't a way to keep your home.