Written by Charleston Foreclosure Defense Attorney, Kristen G. Pierce “Cash for keys” may be a good result for some homeowners facing foreclosure. Cash for keys is exactly what it sounds like–the lender gives the homeowner cash in exchange for the keys to the home. As with many other areas of law, we need to keep…
Written by Charleston Foreclosure Defense Attorney, Kristina G. Pierce If you have applied for a mortgage modification and are considering retaining counsel for either modification or foreclosure defense assistance, read on. First, I want to mention a practical matter: Even if a homeowner hires an attorney, the lender will inevitably contact the homeowner directly, even…
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…
Written by Foreclosure Defense Lawyer, Graves H. Wilson, Jr. Foreclosure alternatives are critically important these days. More and more homeowners are finding that they are faced with the unhappy dilemma of having to decide whether to pay the mortgage or to feed the children. Several programs have arisen under the Obama administration designed to help…