The right to receive money from an eviction can be obtained as soon as you file the paperwork and begin fighting to get Relief from forfeiture. In short, once your property has been seized you cannot let go of it and try to sell it in order to raise the funds needed to buy back the property. However, there are legal avenues that can help you keep your property.
The first thing you should do is hire a defense attorney that specializes in getting out of evictions. You will find that this type of lawyer often specializes in cases in which the property being used as collateral is seized, and the person who was using it to receive funds from a loan defaults on that loan. You will want a lawyer that has experience with the process that you are going through. This way, you will know that they know what to expect and how to fight your eviction.
Your next step is to get copies of the eviction notice that was given to you by the lender or bank. You need to have this in hand in order to show to your landlord or whoever was foreclosing on your home. You may also want to have a copy of the original court order so that you have a record in case things get messy.
As part of the foreclosure process, you may also be asked to remove all furnishings from the property that you are renting. If you don’t have these items, you should be able to obtain a temporary restraining order and show them to the lender. Your lawyer will be able to advise you on whether or not you should stay in your property or move out after your eviction has been served.
During the foreclosure process, you will also want to obtain copies of all correspondence that you receive from your lender. Any letters or statements from your bank that contain the words “property owner” will need to be sent to the court so that the foreclosure process can be stopped. This is important because the lender will often send you a note or two saying that you will be able to stop the foreclosure if you pay the money owed to them.
In addition, you will want to take a look at the records in the county where the property that you are trying to foreclose on was placed for foreclosure. If you are trying to avoid eviction, you may want to check with the county sheriff to see when the property was placed for foreclosure in order to avoid paying late fees. or even the possibility of getting a temporary stay of the foreclosure. You will need to pay attention to the date on the papers and any other documentation that relate to the foreclosure process of the property
There are some areas in the foreclosure process where the foreclosure notice is simply a formality. In many cases you will simply be given notice by the sheriff and you will be able to continue living in your home. However, if you do not appear at the court date, you could be held in default and forced out of your property. It is up to you to do whatever you can to protect your rights under the law.
If you do end up being held in default and are unable to pay, a defense attorney will work to stop the foreclosure notice and get you out of default and into the home that you want. This is another reason to retain a good attorney to represent your interests. You will have to prove that you did not suffer any financial harm as a result of the foreclosure. The foreclosure notice is only a formality that states the time, date, and location of the foreclosure and it cannot stop you from being able to purchase your property or keeping your home.