New Hampshire Home Foreclosure Prevention Package

State:
Multi-State
Control #:
US-P111-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package provides many different tools for a homeowner to prevent foreclosure of a home. The forms cover various means to obtain assistance at all stages of the foreclosure process. Purchase of this package is a savings of 63% over purchase of the forms individually! Included in this package are the following forms:



1. Letter to Lender for Produce the Note Request


2. Offer by Borrower of Deed in Lieu of Foreclosure


3. Motion to Dismiss Foreclosure Action and Notice of Motion


4. Petition or Complaint to Enjoin Nonjudicial Foreclosure Sale and for Declaratory Relief


5. Petition to Enjoin Foreclosure Sale and Seeking Ascertainment of Amount Owed on Note and Deed of Trust


6. Qualified Written RESPA Request to Dispute or Validate Debt


7. Request to Lender or Loan Servicer for Loan Modification Due to Financial Hardship - Requesting Change to Fixed Rate of Interest of Adjustable Rate


8. Hardship Letter to Mortgagor or Lender to Prevent Foreclosure


9. Sample Letter for Short Sale Request to Lender


10. MHA Request for Short Sale


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FAQ

New Hampshire is a power-of-sale foreclosure state. This means that your lender does not need to take you to court in order to foreclose. Instead, your lender will sell your home at a foreclosure sale, using the proceeds of the sale to pay off your loan.

Ways to Stop Foreclosure in New Hampshire Declare Bankruptcy. Yes, bankruptcy is a way through which foreclosure can be stopped. ... Applying for Loan Modification. ... Reinstating Your Loan. ... Plan for Repayment. ... Refinancing. ... Sell Out Your Home. ... Short Sale. ... Deed In Lieu of Foreclosure.

Ways to Stop Foreclosure in New Hampshire Declare Bankruptcy. Yes, bankruptcy is a way through which foreclosure can be stopped. ... Applying for Loan Modification. ... Reinstating Your Loan. ... Plan for Repayment. ... Refinancing. ... Sell Out Your Home. ... Short Sale. ... Deed In Lieu of Foreclosure.

If a foreclosure sale is scheduled to occur in the next day or so, the best way to stop the sale immediately is by filing for bankruptcy. The automatic stay will stop the foreclosure in its tracks. Once you file for bankruptcy, something called an "automatic stay" immediately goes into effect.

Here are a few of them. Reach out to the lender or loan servicer about a remedy as soon as possible. You may be able to reach an agreement on a payment plan, a temporary forbearance or a modification of the loan terms. ... Sell your home. ... File for bankruptcy. ... Agree to a deed in lieu of foreclosure.

Your Options to Avoid Foreclosure Reinstate Your Loan. ... Enter Into a Repayment Plan. ... Enter Into a Forbearance Agreement. ... Refinance. ... File for Chapter 7 or Chapter 13 Bankruptcy. ... Give Up Your House In a Short Sale or Deed in Lieu of Foreclosure. ... Workouts for Government-Backed Mortgages. ... Getting Help.

Foreclosure in New Hampshire can happen very quickly. You can lose your home in less than 120 days if you do nothing. In New Hampshire, most home mortgages have a "power of sale" clause.

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New Hampshire Home Foreclosure Prevention Package