Judicial foreclosure exists in nearly every state in the United States. Generally, a lender initiates a foreclosure action when the property owner/borrower has failed to make mortgage payments. In a judicial foreclosure, the lender must go through the court system, filing a complaint and serving the borrower. In most states, the court will then either […]
Entries Tagged as 'Connecticut'
December 12th, 2011 · No Comments
August 12th, 2010 · No Comments
State court systems are stepping in to help minimize the damage from the residential mortgage foreclosure crisis. Connecticut, Delaware, Iowa, Maine, Nevada, New Hampshire, New Jersey, and Ohio are among those that have implemented statewide foreclosure mediation programs. A number of other states are currently considering legislation to create foreclosure mediation programs, and many cities […]
August 11th, 2009 · No Comments
As if going through foreclosure wasn’t difficult enough, those facing this life hurdle now must also ward off those seeking to take advantage of their situation. A recent news release from the attorney general in Connecticut warned about foreclosure rescue companies masquerading as law firms, taking badly needed monies from these homeowners and providing no […]