The Foreclosure Sale You generally may remain in the home until this time. In some states, you may stay in the property through the expiration of a post-sale redemption period (if state law provides one) or until some other action, such as ratification of the sale, occurs.

There is no standard format used to answer a foreclosure summons in California. Your response should simply be a letter to the court confirming or denying the allegations stated in the summons.

1. Provide the name of the court at the top of the Answer. You can find the information on the summons.
2. List the name of the plaintiff on the left side.
3. Write the case number on the right side of the Answer.
4. Address the Judge and discuss your side of the case.
5. Ask the judge to dismiss the case.

How to Fight Foreclosure and Win

1. Negotiate With Your Lender. If you are having financial difficulties, the worst thing that you can do is bury your head in the sand.
2. Request a Forbearance.
3. Modify Your Loan.
4. Make a Claim.
5. Get a Housing Counselor.
6. Declare Bankruptcy.
7. Use A Foreclosure Defense Strategy.
8. Make Them Produce The Not.

If you file bankruptcy after an eviction notice has been served, you can add 30 more days to your foreclosure timeline. By contrast, if you file bankruptcy after the foreclosure sale, but before the eviction, your eviction will be put on hold when you file your bankruptcy petition because of the automatic stay.

If you purchase the home at the foreclosure sale, the foreclosed homeowners are entitled to the possession of the property — that is, to keep living there — from the time of sale until redemption (or until the redemption period expires).

The proceeds of a trustee’s (foreclosure) sale are distributed in the following order: First to the costs and expenses of the sale; next to the payment of obligations secured by the deed of trust which is being foreclosed on (i.e. to the foreclosing lender); third to junior lien holders in the order of their priority.

Pre foreclosure is considered a grace period. Depending on local regulations, a homeowner has between 30 and 120 days to pay their outstanding debt. If the homeowner is able to succeed in this, the foreclosure process ends and they are no longer in danger of losing their home.

Foreclosures can take a long time because lenders and servicers must comply with the requirements under these laws. Mediation laws. Some states, cities, and municipalities have passed foreclosure mediation laws that can delay the foreclosure process.

Identity foreclosure occurs when people think they know who they are, but they have not even explored their options yet. A person often undergoes an identity crisis in order to achieve a genuine sense of self, similar to an identity moratorium which is an exploration of a sense of self without the commitment.