When homeowners default on a loan for their property, the lender may take steps to foreclose on the property and sell it at auction. There may be specific defenses, however, that the homeowner can raise to defend against foreclosure. It is important that he understands the process of foreclosure and how it works, regardless of whether you are afraid that the bank will start foreclosure proceedings or you are already into a foreclosure lawsuit.
Continue reading A Better Look at the Common Defenses of a Foreclosure