Local 612-200-1495
Consumer Justice Center P.A.
Toll Free 800-556-6752
Don’t Feel Bad, Get Mad. Stand Up to Consumer Abuse.
In This Section

How to prevent the repossession of your home

When you lose your job or start struggling with debts, things can get out of control very quickly. When you start defaulting on your mortgage repayments, you can soon become at risk of having your home repossessed.

While home repossession can lawfully happen, there are also cases of wrongful repossession taking place; therefore, it is very important that you understand your rights to keeping your home in the state of Minnesota, and that you learn of strategies that can help you keep your home.

Take action quickly to sell your home

If you are not adamant about continuing to live in the house that you owe on, you may want to act quickly in selling your home before it is repossessed. The quicker you can sell your home, the quicker you will be able to fund the repayment of your mortgage.

Look into changing the mortgage terms

If you set your mortgage repayment period to a longer amount of time, you will have a less heavy burden each month. If you are going through a hard time financially but expect it to pass, this may be a good solution.

Speak to your bank or accountant

If you know that you are going to default on a mortgage payment, it is important that you let your bank know before it happens. This will make it less likely for them to react in a dramatic way, such as by starting the process of repossession.

If you believe that your bank has acted unlawfully when it comes to repossessing your home, it is important to understand how to law works in Minnesota.

No Comments

Leave a comment
Comment Information

Get Answers To Your Questions

Contact the Consumer Justice Center. Tommy Lyons can speak with you in a free initial consultation arranged at 800-556-6752, toll free, or by email from wherever you are in the U.S.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Contact The Consumer Justice Center P.A.

Consumer Justice Center P.A.
367 Commerce Court
Vadnais Heights, MN 55127

Toll Free: 800-556-6752
Phone: 612-200-1495
Fax: 651-704-0907
Vadnais Heights Law Office Map

  • Facebook
  • Google Plus
  • Linkedin
  • Twitter