Delaware County foreclosure attorney Michael T. Malarick can help you with your home foreclosure and stopping a sheriff’s sale in Delaware County, Pennsylvania. If you are currently facing a home foreclosure or a sheriff’s sale our law firm can help you to keep your home. Call for a free initial consultation to stop foreclosure from our sheriff’s sale lawyer in Delaware County serving the following areas: Delaware County, Upper Darby, Philadelphia, Chester, Drexel Hill, Aston, Springfield, Marcus Hook, Boothwyn, Glenolden, Collingdale, Chadds Ford, Concordville, Chester County, and more. Contact us to stop a home foreclosure and sheriff’s sale.
Delaware County Foreclosure Lawyer: What do I do if my home is up for Sheriff’s Sale?
There are two types of Delaware County Sheriff’s Sales. One, a tax sale, will occur when the property owner fails to pay either their water bill, sewer bill, school tax, or property tax. Two, a mortgage foreclosure sale, will occur if the home owner does not pay their monthly mortgage payment.
The Philadelphia Sheriff’s Sales are held at 3801 Market Street, Philadelphia, PA. The tax sales happen four times a month and once each quarter. The judicial mortgage foreclosure sales are held on the first Tuesday of each month. A list of the dates of sale and the property listed for sale can be seen on the Delaware County Sheriff’s webpage. Call our foreclosure lawyer and sheriff sale attorney for a free initial consultation.
Before your home ends up on either the Sheriff’s Tax Sale or judicial Foreclosure Sale, do not ignore the notices you receive from the taxing authority or the mortgage company. Contact the agency to whom you owe money. There will be options available to you before you face the Sheriff’s sale. You may obtain a forbearance – a temporary reduction or suspension – of any money you owe. Also, most taxing authorities will have favorable repayment plans for the water bill, sewer bill, school tax, or property tax you owe. Mortgage companies can modify your mortgage by either reducing your interest or extending the term of your existing loan. Call our Delaware County foreclosure attorney today for a free initial mortgage foreclosure consultation.
What do I do if my Delaware County home has already been sold at a tax sale?
The owner of an occupied residence may assert his right of redemption and reclaim ownership of his home. The homeowner must, within 90 days of the tax sale, pay all back taxes and must pay back the winning bidder. This right of redemption only applies to tax sales. The right of redemption does not apply to mortgage foreclosure sheriff’s sales. Call our foreclosure lawyer in Delaware County PA for a free initial consultation.
Foreclosure Lawyer: What is the timeline from missed mortgage payments to Sheriff’s sale?
Once you fall behind by 60 days on your mortgage payments, you will receive an Intent to Foreclose Notice. Approximately 30 to 45 days later, an attorney will file a foreclosure complaint which must be served on you. Once the complaint is served on you, you have 20 days to answer the foreclosure complaint. If you do not answer the foreclosure complaint, you will receive a 10 day Notice of Default. After that additional 10 day Notice, a Default Judgement may be entered against you. Thereafter, you will receive a notice of sheriff’s sale followed by the actual sheriff’s sale. Once the sheriff’s sale has occurred, eviction proceedings will be instituted against you. Within one year after your missed mortgage payments, your home could be sold and you could be looking for alternate living arrangements.
Again, do not ignore any notice you receive during the judicial foreclosure process. Delaware County offers a Residential Mortgage Foreclosure Diversion Program. In this program, a conciliation conference will be held in order to attempt to resolve or cure the mortgage default. Call our Delaware County home foreclosure attorney and sheriff sale lawyer for a free initial consultation.
Mortgage Foreclosure Attorney: What is my last resort if I face a Sheriff’s Sale?
As a last resort, the Delaware County home owner can file a bankruptcy petition. Once you file a bankruptcy petition, the “Automatic Stay” of the bankruptcy code is triggered. This means that all actions against you, the debtor, are stopped. The sheriff’s sale can not occur while the “Automatic Stay” is in effect. For more debt information, contact our bankrutpcy lawyer in Delaware County, PA to learn more about home foreclosure attorney sheriff sales during a free initial consultation.
A Chapter 7 bankruptcy petition, while invoking the “Automatic Stay” will not prevent the ultimate sale of your home. In chapter 7, you must decide whether to redeem or cure your pass due mortgage payments or turn your home over to the mortgage holder. Contact our chapter 7 bankruptcy lawyer for a free chapter 7 bankruptcy consultation.
A Chapter 13 bankruptcy petition will allow a qualified debtor, with a regular source of income, to prepare a repayment plan. This plan will allow you 3 to 5 years to catch up on your mortgage payments. Contact our chapter 13 bankruptcy lawyer for a free chapter 13 bankruptcy consultation.
Contact Our Delaware County Foreclosure Attorney & Sheriff Sale Lawyer
If you face a Sheriff’s Sale of your home, contact Michael T. Malarick, an experienced Pennsylvania attorney who will fight to protect your home ownership. With over 30 years of experience, our home mortgage foreclosure lawyer will help you stop a sheriff’s sale.
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