Avoid Home Foreclosures
Kentucky Help
Click here for your free
Bankruptcy & Foreclosure
Manual.
One simple method to fight a bank foreclosure is
to file an answer to the complaint. In Kentucky
if a person fails to file any answer the Bank will
foreclose within about 6 months and a person will be evicted by
default judgment. Filing an answer will often allow an
individual to stay in the home from 6 months to 2 years longer.
If you choose to file an answer the process is
normally just delayed. It may be important to be
able to stay in the home for a year or two while the foreclosure
goes through the Kentucky court system. Fighting the
bank will increase the
attorney fees and bank charges. It deducts from your
equity but if there is no equity in the property and your
eventual answer is a bankruptcy fighting in court is an
effective method to stay in the home longer.
There are many methods to avoid, stop or cure a
bank foreclosure and everyone's situation is different. If
you are stuck in a lawsuit see us for help.
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