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Tag Archives: Foreclosure
Bank of America Pays $6 Million for a Wrongful Eviction
Bank of America was recently ordered to pay $6 million to a California couple who was harassed and illegally lost their home to Bank of America. If you believe you lost your home to a wrongful foreclosure, contact our law … Continue reading
Camron Hoorfar is named 2017 Lawyer of Distinction
Based upon Camron Hoorfar’s Avvo.com rating and numerous favorable reviews, Lawyers of Distinction has named Camron Hoorfar a 2017 Lawyer of Distinction. This award is generally given to the top ten percent (10%) of attorneys in the area. If you are … Continue reading
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Tagged 2017 Lawyer of Distinction, Attorney, Bankruptcy, Criminal, Debt, Down Town Lees Summit, Family Law, Foreclosure, Law Office of Camron Hoorfar, Lawyer, LOCH, Tax, We Can Help
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Transfers of Distressed Commercial Properties
There are four main ways a borrower can return a commercial property back to its lender when the borrower can no longer pay for the loan: Foreclosure – This is when the lender sells the property at the courthouse steps … Continue reading
Foreclosure Alternatives
The following methods can be used by a residential property borrower to avoid foreclosure of their home or investment property: Modification of the Loan – This is when the lender takes the back-owed amount, also known as arrearages, and either … Continue reading
Setting Aside a Foreclosure Sale
A Missouri foreclosure sale can be set aside for multiple reasons, but if your only reason is that there was an inadequate purchase price at the foreclosure sale, then you will not be able to set aside the foreclosure sale. … Continue reading
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Tagged Attorney, Down Town Lees Summit, Foreclosure, Law Office of Camron Hoorfar, Lawyer, LOCH, We Can Help
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Who Cares What Your Name Is?
A Missouri court certainly doesn’t, as Jillian Johnson of Missouri found out this year. Jillian challenged a foreclosure on her home because the name of the bank that did the foreclosure, Nationstar Mortgage, LLC, did not exactly match the bank’s … Continue reading
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Tagged Attorney, Down Town Lees Summit, Foreclosure, Hello My Name Is, Law Office of Camron Hoorfar, Lawyer, LOCH
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Who Can Enforce Your Mortgage?
In order to foreclose on your home, the mortgage company must show that you are behind on your mortgage payments and that they are the holder of the mortgage. If the mortgage company cannot prove that you obtained the loan … Continue reading
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Tagged Attorney, Foreclosure, Law Office, Law Office of Camron Hoorfar, Lawyer, Lees Summit, LOCH, Mortgage, We Can Help
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Foreclosure Equals Loss of Ownership
When a foreclosure occurs, the mortgagor (the person who borrowed the money for the house) loses their interest in the property. The mortgagee (the lending institution or bank) takes the property back and sells it to the highest bidder. The … Continue reading
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Tagged Attorney, Foreclosure, Law Office of Camron Hoorfar, Lawyer
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U.S. Foreclosure Filings Down 10 Percent in July
Market researcher RealtyTrac reported that the number of U.S. properties with foreclosure filings slipped 10 percent in July from a year earlier, the Wall Street Journal reported. There were 191,925 U.S. properties with default notices, scheduled auctions and bank … Continue reading
Mortgage Debt Forgiveness: 10 Key Points
Canceled debt is normally taxable to you, but there are exceptions. One of those exceptions is available to homeowners whose mortgage debt is partly or entirely forgiven during tax years 2007 through 2012. The IRS would like you to know … Continue reading