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In addition, the bill amends the Hope for Homeowners Program as well as provide additional provisions to help borrowers avoid foreclosure. On May 20, 2009, President Obama signed the Homeless Emergency Assistance and Rapid Transition to Housing (HEARTH) Act into law (Pub. L. 111–22 (text)), reauthorizing HUD's Homeless Assistance programs. It ...
A foreclosure occurs when a lender takes control over a property from a borrower for failing to make timely payments. A foreclosure can damage your credit score and result in loss of property. As ...
A deed-in-lieu of foreclosure involves turning over your home to a lender to avoid foreclosure proceedings. In some instances, going this route could help you avoid paying the remaining loan ...
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Another notable "rocket docket" court involved Lee County, Florida , home of numerous foreclosure proceedings due to the collapse of the Florida housing market as a result of the financial crisis of 2007–2008, part of the 2010 United States foreclosure crisis. On some days, the court heard up to 1,000 cases per day; assuming an 8-hour day ...
Whenever a monetary judgment is issued by a Virginia court, the clerk of the court will automatically issue a fi fa once twenty-one days have passed from the entry of the judgment (this is the period of time that the losing party before the court has to obtain relief from the court in the form of a reconsideration or reduction in the judgment ...
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