Serving Clients Throughout Upstate South Carolina
Homeowners facing foreclosure need to prepare for the possibility of a deficiency judgment. Deficiency judgments occur when a lender sells a foreclosed property, and the sale proceeds fall short of the outstanding mortgage balance. In this case, the lender can sue the...
Facing foreclosure in South Carolina can be overwhelming, but understanding your rights can help you navigate this challenging time. Understanding your entitlements during the process can make a significant difference. Right to receive a notice of default In South...
In South Carolina, when homeowners can't keep up with their mortgage payments, they may face foreclosure. Foreclosure can severely affect your credit score, making it tough to get loans in the future. If you are facing the potential of foreclosure, it is important to...
Repossession can be a daunting prospect for anyone. However, understanding that there are actionable steps you can take to protect your assets and manage this challenging situation is important. There are several key factors to consider if you find yourself facing the...
When a car owner falls behind on payments, the lender may resort to repossession as a means to recover the vehicle. In South Carolina, car owners facing this situation may wonder about how the process works and what they can do about it. The law establishes certain...
Lending agreements can be complex and difficult for borrowers to understand. However, it is important to become familiar with the terms for repossession. South Carolina law allows lenders to seize secured assets in certain circumstances. Late or missed payments If you...
The roller-coaster ride that is mortgage foreclosure continues to confound financial experts with its peaks and valleys. A lengthy time of lower foreclosure rates domestically has turned into another rise. August saw nearly 34,000 foreclosure filings, representing a...
When confronted with the impending threat of foreclosure, it is important to be aware of the available avenues to address this challenging situation. South Carolina residents have several options at their disposal to tackle foreclosure head-on. 1. Loan modification A...
A foreclosure involves many different people. Everyone has a specific role in moving the process forward or assisting with trying to resolve it. One of the most important people in a foreclosure is the person who will make the final ruling. This is the...