Monday, March 11, 2013

Military Foreclosures

I have briefly discussed this issue previously, but recent statistics have provided a good reason to get it out there again. As more and more digging into the foreclosure records of the large mortgage lenders is completed, it becomes very increasingly obvious that there are a great many homes foreclosed upon that were owned at the time of their foreclosure by active duty military personnel. This is, under Federal law, ILLEGAL! If you are (or were at time of foreclosure) on active duty military service and lost your home to foreclosure, call your attorney as well as your lender IMMEDIATELY. Prompt action should be taken to either have your home returned to you, or to receive financial compensation for your loss. If you're not certain of your status, then contact an attorney. If you cannot afford one, check with legal aid for help with an attorney. Don't wait--do it NOW--that's an order! And, as always, Good Luck.

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