Consumer Finance and Foreclosure
Consumer Finance and Foreclosure law deals with a wide variety of economic matters, including financial workouts, debt-consolidation, and foreclosure prevention and alternatives.
Top Related Consumer Finance and Foreclosure Topics:
- Debt-consolidation
- Debt-negotiation
- Foreclosure alternatives
- Loan Modification
- Affordable refinancing
LawInfo provides an entire library of free legal information to help you learn about Consumer Finance and Foreclosure laws including FAQ's, forms, videos and more.
Frequently Asked Questions
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When and why does foreclosure begin?
Lenders will initiate foreclosure proceedings when homeowners become delinquent in their mortgage obligations, usually after three payments are missed. The lender will then notify the buyer in … more -
Are you at risk of foreclosure?
If your financial situation has changed for the worse, you may be worried that you might be at risk of foreclosure. Have your finances changed due to a mortgage payment increase, loss of … more -
What is acceleration?
Many contracts for debts contain "acceleration" clauses. This clause gives a creditor the right to "accelerate" the repayment when a payment is missed. Often, the … more
Legal Articles
- Property That is Exempt From Bankruptcy
Historically, state law provided the property exemptions available to those seeking bankruptcy protection. However, the bankruptcy code now allows states to choose between the federal exemptions provided in the bankruptcy code or the exemptions provided in state law. Many states have chosen to continue to follow their state law exemptions but a minority of states have decided to … more - What are Credit Counseling Agencies?
Credit counseling agencies may be able to help you if you are having trouble paying your debts. Credit counseling agencies also can be an alternative to filing bankruptcy proceedings, or, in some cases, are a required step to filing bankruptcy proceedings. These are generally non-profit organizations whose goal is to provide you with the tools necessary to managing and paying off … more
Legal Guides
- Mortgage Payments Sending You Reeling? Here's What to Do (FTC Facts for Consumers)
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How To Avoid Foreclosure
This guide, by the U.S. Department of Housing and Urban Development, provides valuable … more - Providing Alternatives to Mortgage Foreclosure: A Report to Congress
- Foreclosure Rescue Scams: Another Potential Stress for Homeowners in Distress
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Knee Deep in Debt? (FTC Facts for Consumers)
This Federal Trade Commission guide provides information about your options when you become … more
Top Related Consumer Finance and Foreclosure Topics
- Buying a Home
- Defaulted Loans and Workouts
- Financing a Home
- First-Time Home Buyers
- Home Buyers and Mortgages
- Home Seller Breach of Contract
- Other Real Estate and Homeowner Issues
- Private Mortgage Insurance
- Refinancing a Home
- Regulations Concerning Deposits, Mailing Materials, and Contacting the Copyright Office
- Remedies for Tax Problems

