A home is a major purchase that can stretch the financial resources of a Parker resident. It is also, however, often a person's most valuable asset and a source of financial security for them. A person can choose to secure a second or more subsequent mortgages on...
Stop Home Foreclosure
Using bankruptcy to stop home foreclosure
Facing home foreclosure can be scary for a Colorado family. The prospect of losing one's home can weigh heavily on a person who faces uncertainty regarding where to move their spouse and children. When foreclosure becomes a possibility in their life, they may explore...
What are foreclosure scams?
When a Colorado resident is facing the potential loss of their family's home, they may become desperate to save it from foreclosure. While some organizations and entities work for the good of consumers to keep them in their residences, opportunistic individuals and...
Surprising consequences of having a home lost to foreclosure
Having a home repossessed by a lender through the legal process of foreclosure can be hard on a Colorado family. However, individuals who are forced into this difficult process may be unaware that foreclosure can leave them with unexpected financial consequences once...
Can homeowners work with their lenders to stop home foreclosure?
Owning a home is, for many in Colorado, the "American Dream." People will spend years saving for a down payment so that they can take out a loan to purchase the home they hope to live in for years to come. Yet, they need to understand that taking out a mortgage...
Can a short-sale stop home foreclosure?
When a person in Colorado is facing foreclosure, it can be incredibly stressful. After all, that person may have tried selling the home at a price that would allow them to pay off their mortgage, but could not find a willing buyer, especially if the value of the home...
Watch out for scams promising to stop home foreclosure
Those facing foreclosure may feel desperate. So, when they are presented with a loan modification opportunity, it may seem like an offer that is too good to be true. However, sometimes these offers are actually scams that homeowners need to be aware of. The Federal...
Does federal law apply to non-court foreclosure proceedings?
When a person in Colorado is facing the possibility of foreclosure, their lender may first try to collect on the debt in a variety of ways. However, debt collectors cannot try to collect on the debt by any means possible. Under the Fair Debt Collection Practices Act,...
Homeowners may have options to stop home foreclosure
Hard financial times can fall upon just about any Coloradan. Hard times are not necessarily a person's fault, but that does not make them any easier to deal with. People often have to make tough decisions. Do they pay the electric bill or pay for their prescriptions?...