Once a lawsuit has been filed against a homeowner and they’ve been served with a summons and complaint, what that means is they’re handed the papers by a process server. They then have 20 days from that point to file a response to a complaint of foreclosure. The failure to file that response will result in a default against the homeowner and then the bank’s attorney will then just steamroll right over the homeowner in getting the property back.
The Emotional Toll of Bankruptcy on Families
Bankruptcy is a difficult and often emotional experience for anyone, but when families are involved, the impact can be particularly challenging. The financial strain, uncertainty about the future, and the stigma associated with bankruptcy can take a severe toll on the...