Changes To Take Place In Maryland’s Foreclosure Law
The Maryland legislature has passed some new laws that affect Maryland homeowners in foreclosure.
The three main changes:
You can now apply for mediatiotion before the foreclosure is actually filed with the Circuit Court.
If the house is vacant, the mortgage company can apply for an expedited foreclosure process.
There will be a foreclosure registry so neighbors and local governments can figure out who actully owns the house.
Many Americans continue to struggle with debt and live with the constant fear of losing their homes. If you are facing foreclosure and don’t know where to turn to save your home, order a FREE copy of our important book Stopping Foreclosure in Maryland—The Truth About Loan Modification, Mediation, and Chapter 13 Bankruptcy, which will help explain your options. For more information, just give us a call at 855-4MD-BANK, or use the easy online contact form on this page to get in touch with an experienced Baltimore City bankruptcy lawyer today.
News Source: Articles.Herald-Mail.com