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ABCs of Foreclosure

This page has been set up to help you understand many steps that are involved in foreclosure process.

Know Your options

http://knowyouroptions.com/

5-steps

http://www.dallas-lawyer-foreclosure-bankruptcy.com/abc_foreclosure.htm

Bankruptcy:

Chapter 7
The chapter of the Bankruptcy Code providing for “liquidation.” Chapter 7 Bankruptcy was enacted to allow persons who are hopelessly burdened by debt to have an opportunity for a new beginning by wiping out unsecured debts (debts that aren’t tied to any specific item of property, most commonly credit cards).

Chapter 11
The chapter of the Bankruptcy Code providing for reorganization — usually involving a corporation or business partnership.

Chapter 12
The chapter of the Bankruptcy Code providing for adjustment of debts of a “family farmer” or a “family fisherman.”

Chapter 13
The chapter of the Bankruptcy Code designed to enable individual debtors the option of applying a percentage of their future earnings to a portion of their current debts over an extended period of time. Chapter 13 authorizes the wage earner to keep the property (like your home and car) while consolidating and reorganizing debt, allowing the debtor a reasonable opportunity to arrange installment-payments of what is owed out of future income.

The ABC’s of the Obama Foreclosure Plan

http://dc.urbanturf.com/articles/blog/the_abcs_of_obamas_foreclosure_plan/561

Produce the note

http://www.consumerwarningnetwork.com/2008/06/19/produce-the-note-how-to/

United States (By State) Foreclosure Laws

http://search.aol.com/aol/search?query=foreclosure+laws+by+state&s_it=keyword_rollover

Utah Bankruptcy – US District Court

http://www.utb.uscourts.gov/index.html

Utah Code

http://www.le.utah.gov/UtahCode/chapter.jsp?code=57

Utah Foreclosure Process

http://smithknowles.com/foreclosure.asp

http://www.petteylegal.com/foreclosure_info.php

Eviction

http://www.rentlaw.com/eviction/utaheviction.htm