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Lowell foreclosure advantages and disadvantages

Lowell foreclosure advantages and disadvantages

Foreclosure in Lowell is the same foreclosure we hear about in the other districts in Massachusetts. It is a legal process through which a lender can be able to close the loan contract on a defaulting borrower, confiscate the property and sell it an auction and...
Stop Repossession Massachusetts

Stop Repossession Massachusetts

Falling behind on your monthly payments of your secured debts can lead to the repossession of the underlying asset such as your car, furniture among others. In Massachusetts the law provides that only a default on your monthly payments can lead to the repossession;...
Springfield Foreclosure Accounting: the right value?

Springfield Foreclosure Accounting: the right value?

Springfield is a major city and the seat city of the Hampden County Massachusetts, foreclosure accounting is provided by the GAAP (generally accepted accounting principles) and GAAP usually demands assets facing foreclosures to be reported separated in your accounts...
Boston Foreclosure Affirmative Defenses

Boston Foreclosure Affirmative Defenses

Affirmative defenses help you legitimize your case however for them to be effective they require to be pled, because making fuzzily won’t get you far thus to make the best out of them clearly indicate how they affect the ability of your lender to foreclose on you....
Stop Foreclosure Massachusetts

Stop Foreclosure Massachusetts

Let’s start by saying if you on the blink of a foreclosure, relax because it is not inevitable occurrence as there are numerous channels through which you can avoid it. In the state of Massachusetts both judicial and non-judicial foreclosure are allowed but most of...