Month: December 2020

Retaining property from a borrower with financial troubles

On Behalf of Delev & Associates, LLC | Dec 16, 2020 | Commercial Collections

Creditors have a legal right to consider proactive measures to protect assets when a borrower begins running into financial problems. Rather than wait for a borrower to default on a mortgage and file a bankruptcy petition to avoid foreclosure, a lender may seek to...

How does foreclosure work in Ohio?

On Behalf of Delev & Associates, LLC | Dec 2, 2020 | Firm News

Mortgage lenders can seek foreclosure when an Ohio borrower fails to make payments as agreed. The lender must adhere to state and federal laws to ensure a valid foreclosure process. Review the guidelines that apply to residential foreclosure in Ohio. Preparing for...

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What is a validation letter?
Foreclosing on a home to satisfy unpaid debts

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Month: December 2020

Retaining property from a borrower with financial troubles

How does foreclosure work in Ohio?

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