Foreclosure is the procees by which a lender sells mortgage property to satisfy mortgage debt when the loan is in default. In Texas lenders must give at least 20 days' notice of their intent to accellerate a mortgage if your principal residence is in the state. Notice of foreclosure sale must be "posted" in the county courthouse at elast 21 days prior to the sale. If your house is posted for sale, you should contact us immediately to see if we can help save your home.
Reposessions are when a lender takes back property such as a car to satisfy a loan that is in default. You car may be at risk of reposession for missing payments. If you are behind in your car payments, contact us to see if we can help save your car.