You get a letter handed or mailed to you by the County Sheriff's Officer. The letter contains a writ of execution and a Notice of Foreclosure sale for your home or condo. The sheriff's notice of Sheriff's Sale sets a date, time and place for the sheriff to auction off your home. Depending on the County, the date set for the sale is 60 or 90 days after the notice has been received.
The time to hire a lawyer familiar with foreclosure and bankruptcy is NOW! Do not let any more time go by. Once a foreclosure sale is held and the sheriff's gavel hits the table, you no longer own your home. It's simply a matter of the county sheriff processing the remaining paperwork before you are required to leave your home. You will get a visit from the bank or buyer's representative asking about your plans to go. Sometimes you may be offered a small sum of “move out” money if you leave quickly and do not damage what used to be your home.
Contact us today to discuss your options.