Maine Complaint or Petition to Enjoin Foreclosure Sale due to Misunderstanding as to Promissory Note's Terms of Payment upon Assumption of Note

State:
Multi-State
Control #:
US-01681BG
Format:
Word; 
Rich Text
Instant download

Description

The courts have inherent power to restrain the sale of mortgaged premises in foreclosure proceedings, but are reluctant to exercise such power except where it is shown that particular circumstances, extrinsic to the instrument, would render its enforcement in this manner inequitable and work irreparable injury, and that complainant has no adequate remedy at law. Furthermore, a party must show a probable right of recovery in order to obtain a temporary injunction of a foreclosure action.

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  • Preview Complaint or Petition to Enjoin Foreclosure Sale due to Misunderstanding as to Promissory Note's Terms of Payment upon Assumption of Note
  • Preview Complaint or Petition to Enjoin Foreclosure Sale due to Misunderstanding as to Promissory Note's Terms of Payment upon Assumption of Note
  • Preview Complaint or Petition to Enjoin Foreclosure Sale due to Misunderstanding as to Promissory Note's Terms of Payment upon Assumption of Note
  • Preview Complaint or Petition to Enjoin Foreclosure Sale due to Misunderstanding as to Promissory Note's Terms of Payment upon Assumption of Note
  • Preview Complaint or Petition to Enjoin Foreclosure Sale due to Misunderstanding as to Promissory Note's Terms of Payment upon Assumption of Note

How to fill out Complaint Or Petition To Enjoin Foreclosure Sale Due To Misunderstanding As To Promissory Note's Terms Of Payment Upon Assumption Of Note?

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FAQ

How to Respond to a Foreclosure Summons Step 1: Read the Summons. ... Step 2: Speak to Foreclosure Lawyer. ... Step 3: Decide If You Want to Contest. ... Step 4: Prepare a Mortgage Foreclosure Appearance and Answer to the Complaint. ... Step 5: File the Form with the Court Clerk. ... Step 6: Send a Copy of Your Answer to the Other Parties.

Soon after a foreclosure is filed you will be "served": either someone from the sheriff's department or a private process server (someone hired by the lender) will hand-deliver to you (or someone else in your household) a summons and a complaint.

The homeowner or other defendant may file a written answer to the complaint, explaining why the lender does not have the legal right to foreclose. This must occur within 35 days from receipt of the summons and foreclosure complaint.

How do I prepare an Answer to the foreclosure? Copy the information from the top of the foreclosure Complaint. ... Title your paper ?Answer to Complaint in Foreclosure.? Next, your Answer should respond to each claim made against you in the Complaint. ... Sign the Answer.

You must file your ?Answer? to the complaint with the court in your county. Legal help can be found through the Ohio Legal Services Association, the Legal Aid Society of Columbus, or the Ohio State Bar Association. Submitting your ?Answer? to the court slows down the foreclosure process.

Foreclosure is when the bank or mortgage lender takes possession of property that is in default, often against the homeowner's will. Your mortgage agreement states that if you stop making payments on your loan, the bank can reclaim the property through foreclosure.

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Maine Complaint or Petition to Enjoin Foreclosure Sale due to Misunderstanding as to Promissory Note's Terms of Payment upon Assumption of Note