foreclosure in south carolina

South Carolina Department of Consumer Affairs and U.S. Treasury Department Team up

The South Carolina Department of Consumer Affairs is partnering with the U.S. Department for Treasury to host an event called Help for Homeowners Foreclosure Prevention Event, which will be held at the Columbia Metropolitan Convention Center on Friday, June 28th from 1:00 p.m. to 8:00 p.m. At this event, distressed borrowers and homeowners will be…

uncertainty--woman puzzled look

Help! My Mortgage Company Filed Bankruptcy (Or, What to do if GMAC is your lender)

Sometime during the third or fourth week in May, 1.2 million homeowners went to their mailbox and pulled out a notice that their mortgage company, GMAC Mortgage (“GMAC”), filed for Chapter 11 bankruptcy protection.  Actually Residential Capital, GMAC’s parent company, filed along with 50 of its subsidiaries, including GMAC.  About 30 seconds after the average…

foreclosure communication

South Carolina Supreme Court Foreclosure Order of May, 2011

Written by Charleston Foreclosure Defense Lawyer, Graves H. Wilson, Jr. In an administrative order dated May 2, 2011, the Chief Justice of the South Carolina Supreme Court, Jean Toal, stated that South Carolina courts were having difficulty resolving foreclosure actions in which HAMP (“Home Affordable Modification Program”) modifications or other loss mitigation options might be…

bank of america foreclosure

Bank of America: Bulldozer Foreclosure

Written by Charleston Foreclosure Defense Lawyer, Graves H. Wilson, Jr. Lately, Bank of America seems to mean one thing: foreclosure.  And it recently donated land to municipalities after bulldozing the homes that the land once held.  You guessed it: These are the same homes that BOA acquired by foreclosing on the mortgages–homes previously owned by…