Vance P. Truman, Attorney at Law
Putting People's Financial Worries Behind Them Free Initial Consultation
330-591-4729

Could you benefit from foreclosure affidavits and robo-signing?

When a bank or loan holder applies to foreclose on a property, there is a tremendous amount of paperwork that the loan officer needs to review. An important document that is included with this paperwork is a foreclosure affidavit. This affidavit is signed by the loan servicer as a way of verifying that he or she has reviewed and double-checked the accuracy of all the foreclosure documents submitted.

The thing is, many loan servicers are so bogged down with foreclosure paperwork that they do what's called "robo-signing." Essentially, they never double-check the accuracy of the paperwork in the foreclosure application, and they dishonestly sign the foreclosure affidavit vouching that they've reviewed the information when, in fact, they have not.

One excellent strategy that some borrowers have succeeded in using to stop their foreclosures is to challenge the validity of a robo-signed affidavit. Sometimes, foreclosure defendants can find inaccuracies and errors within the foreclosure paperwork -- perhaps related to the true amount that is currently owed on the mortgage. When these inaccuracies are discovered and revealed to the court, it can render the entire foreclosure process null and void for the lender, and the lender will usually need to start back over again -- which buys the defendant valuable time.

If your home is being foreclosed upon by your bank, learn more about your foreclosure defense options now. By reviewing your facts and circumstances, you might discover legal strategies that you can use in your favor to keep your property and the valuable equity you have built up inside it.

No Comments

Leave a comment
Comment Information

Get the debt relief you need, the personal attention you deserve.

Call us today for a free consultation at 330-591-4729, or fill out the form below, and we will contact you.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Contact Information Vance P. Truman, Attorney at Law

689 Lafayette Rd.
Medina, OH 44256

Phone: 330-591-4729
Fax: 330-722-3410
Map & Directions

Payment Plans Available Call Us For Your Best Suitable Payment Option

VISA master card American express Discover network