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Understanding Your Foreclosure Notice in Ohio: Decoding the Legal Jargon

• Foreclosures

When you see a foreclosure notice in the mail, it can be a stressful experience. For many people, it feels like they’re being pushed into a maze of legal jargon and an unfamiliar language. Understanding common legal terms in foreclosure notices is the first step to effectively addressing the situation. Breaking Down the Sections of a Foreclosure Notice Notice of Default: The First Warning The Notice of Default is generally the first step of the... CONTINUE READING

How Bankruptcy Can Impact the Foreclosure Process in Ohio

• Bankruptcy Foreclosures

Foreclosure can be a daunting process to face. Many homeowners in Ohio wonder what can be done to stop or reverse a foreclosure once it’s initiated. In some cases, filing for bankruptcy can potentially be an effective move for a property owner facing foreclosure, due to the automatic stay involved with bankruptcies. Understanding the automatic stay and its impact on foreclosure can help you discover the right solution for your financial situation. Are you in need of solutions f... CONTINUE READING

Loan Modification vs. Foreclosure in Ohio: Is It an Option After the First Notice?

• Foreclosures

If you are facing foreclosure in Ohio, you may be surprised to learn that you have various tools and options available to you to resolve your situation. One of these tools is loan modification, which can ultimately lead to a more serviceable payment plan. However, understanding the first foreclosure notice (lis pendens) and when loan modification can be helpful is essential for any borrower before taking action. You still have options after receiving a first foreclosure notice. C... CONTINUE READING

First Foreclosure Notice in Ohio: Don’t Panic, Here’s What to Do

• Foreclosures

The first foreclosure notice is not the end of a mortgage story, by any means, in Ohio. This notice is only a step in a process that doesn’t necessarily end with someone losing their property. For Ohio homeowners, understanding the first notice (lis pendens) is crucial to exploring your options for handling the situation and keeping your property. Have you received a foreclosure notice in Ohio? You still have options. Call 614-228-4435 (Columbus), 937-222-7472 (Dayton), or 877-... CONTINUE READING

Chapter 13 Bankruptcy and Foreclosure in Ohio: A Powerful Solution

• Bankruptcy Foreclosures

Mortgage problems can impact your life in a range of ways, and solving them can be a daunting challenge. For some in facing financial difficulty in Ohio, Chapter 13 bankruptcy may be a solid answer to financial troubles. However, before filing, understanding Chapter 13 bankruptcy is crucial to the success of the process. If you are exploring filing for Chapter 13, the experienced bankruptcy attorney at Fesenmyer Law Office can help. Call 614-228-4435 (Columbus), 937-222-7472 (Day... CONTINUE READING

Can You Stop Foreclosure in Ohio After Receiving the First Notice?

• Foreclosures

Receiving anything from a mortgage lender that mentions the words “foreclosure” or “legal action” can be overwhelming. As soon as they read those words, many people have trouble understanding the rest of the notice. However, receiving a first notice from your mortgage lender does not mean you will automatically lose your home. It also doesn’t mean the foreclosure itself has started. You can still save your home, but you need to act quickly. Here’s a look at what you need to know �... CONTINUE READING

Ohio Foreclosure Laws: What Homeowners Need to Know

• Foreclosures

Few things feel as stressful as losing your home to foreclosure. However, if you’re like most homeowners, you aren’t aware of the rights you may have during the process. Here’s an overview of foreclosure in Ohio and a look at some of the main laws that defend your rights. You might have more power in the foreclosure process than you think. State and federal laws outline several pathways to keeping your home and moving toward a brighter financial fut... CONTINUE READING

Ohio Foreclosure Mediation: Can It Help You Save Your Home?

• Foreclosures

No one buys a home with the intention of losing it to foreclosure. And if you think your lender is about to foreclose, it’s easy to make the mistake of thinking you have no power in the situation. However, you almost always have options — and one of those options is foreclosure mediation. If you’re wondering “What is foreclosure mediation?” and whether it can help you, here’s a closer look. Few life events are as stressful as the possibility o... CONTINUE READING

Strategic Foreclosure Defense and Bankruptcy in Ohio: A Combined Approach

• Foreclosures

Are you facing foreclosure? Do you think you may be in the near future? You don’t have to be resigned to the lender’s repossessing your home. A strong foreclosure defense might be able to help you keep your home, but often, this area of the law is more complex than it seems. When other foreclosure defense strategies have failed, bankruptcy may prove to be the best way for you to keep your home. Here’s a guide to understanding foreclosure defense in Ohio and how bankruptcy can play a rol... CONTINUE READING

Will Student Debt Become Easier to Include in Bankruptcy?

• Bankruptcy

High student loan payments have become a large part of the financial burden which leads to filing for bankruptcy. Most often, student loans cannot be discharged in bankruptcy, although a knowledgeable bankruptcy lawyer can often find ways for you to obtain relief or find resources such as deferments that enable you to get caught up on student loan payments. The skilled and seasoned Ohio bankruptcy attorneys at Fesenmyer Law Offices, LLC understand that financial problems can and do... CONTINUE READING