• posted: Feb. 28, 2023
• Jim Zimmermann
• foreclosure,  short sale

The family home is the greatest single asset for many people, but it’s common for houses to be heavily mortgaged, putting overwhelming strain on the owners’ ability to keep up Read More

• posted: Mar. 30, 2022
• Jim Zimmermann
• Chapter 13,  foreclosure,  short sale

Homeowners who fall behind on their mortgage payments face the possibility of foreclosure — a forced sale of the property that allows the lender to recover part of the debt Read More

• posted: Dec. 22, 2021
• Jim Zimmermann
• foreclosure,  mortgage arrears,  cure and maintain,  loan in default

If you are a homeowner who falls behind on your mortgage payments, it might seem impossible to make your account current again. If the bank isn’t patient, it may accelerate Read More

• posted: Oct. 08, 2021
• Jim Zimmermann
• foreclosure,  repayment plan,  chapter 13

Losing your home to foreclosure is a frightening prospect, but there are legal remedies available. Bankruptcy is a tool that allows individuals to discharge or restructure debts and get a Read More

• posted: Aug. 10, 2019
• Jim Zimmermann
• mortgage,  loan modifications,  foreclosure

Amending the terms of a mortgage by adjusting interest rates, or by extending the period over which the mortgage will be paid, can allow a borrower to better manage financial Read More

• posted: Feb. 10, 2019
• Jim Zimmermann
• mortgage default,  tenant,  foreclosure

If you are given notice that your landlord’s mortgagee filed for foreclosure on the house or apartment building where you live, it is important that you know your rights as Read More

• posted: Sep. 21, 2017
• Jim Zimmermann
• foreclosure,  reverse mortgage

Reverse mortgages are designed to allow you live off of the equity in your home. This type of loan pays off your mortgage, lets you live in the home "mortgage Read More