What does it mean to the home owner to have their foreclosure case dismissed?
Apr 25, 2009 in
Financial and Loan Tips
Sam
LINK : http://predatorylendinglaw.org/dynamics/foreclosure-defense-16/32-more-foreclosures-dismissed-for-lack-of-documentation-25/
LINK : http://predatorylendinglaw.org/dynamics/foreclosure-defense-16/32-more-foreclosures-dismissed-for-lack-of-documentation-25/
How can I help people dismiss thier foreclosures.
Does this mean that they wont owe anything after the dismissal of the case?
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3 comments
Judy on April 25, 2009 at 5:41 pm
They’ll still owe the mortgage amount – they don’t just get a free house.
Jäger on April 27, 2009 at 11:36 pm
No, the lenders didn’t have their paperwork in order. The lendees still own the funds and they need to pay or after the lenders get their act together, they will be back in front of the judge again.
Janet P on April 28, 2009 at 5:09 pm
This just means that they have to start the process again, some form was missed the first time around.
The foreclosure will still happen, it is just delayed a little bit.
The dismissal has nothing to do with them owing money, it only means that the case has to be redone, no one won, no one lost.