If the lender violates the statute of limitations, the foreclosure action can be dismissed on that basis alone, even if the foreclosure otherwise would be valid.
You'll need to include a motion for a temporary restraining order (TRO) and preliminary injunction to enjoin (stop) a foreclosure sale while your claims are being litigated. Usually, homeowners also ask the court for a permanent injunction.
For homeowners facing immediate foreclosure, filing for bankruptcy or obtaining a temporary restraining order (TRO) can be effective solutions. Chapter 7 or Chapter 13 bankruptcy creates an “automatic stay,” which temporarily halts all collection activities, including foreclosure auctions.
These courts consider: (1) the likelihood of success on the merits; (2) irreparable harm if the injunction is not granted; (3) whether a balancing of the relevant equities favors the injunction; and (4) whether the issuance of the injunction is in the public interest.
Winning the Case: To secure a preliminary injunction, the plaintiff must demonstrate a strong chance of winning the case, significant harm without the injunction, greater fairness compared to the other party, and public benefit.
Taking a medical malpractice lawsuit as an example, if a patient believes that their doctor has provided negligent medical care that has caused them harm, the patient may seek a preliminary injunction to prevent the doctor from continuing to provide care.
Winning the Case: To secure a preliminary injunction, the plaintiff must demonstrate a strong chance of winning the case, significant harm without the injunction, greater fairness compared to the other party, and public benefit.