Dunaway Law July 2019

4 Surprising Facts about Foreclosure in Alabama

4. You’ll get a letter after your home is sold. The mortgage company must send you a letter informing you of the sale and instructing you to vacate the property. If you leave within 10 days of receiving the letter, you can preserve your right of redemption, which means you can redeem your property within a year of the foreclosure sales if you can pay the amount the house sold for in the sale along with some additional fees. Can filing for bankruptcy save my home? When people decide to file for bankruptcy, it’s often in hopes of saving their home. Though filing for Chapter 7 will stop a bankruptcy for a while, if you want to save your home from foreclosure, you want to look into Chapter 13 Debtor’s Court. Talk to an experienced bankruptcy attorney by calling 205.705.3590. Learn about your options and how you can save your home from foreclosure.

When the burden of debt becomes too much to bear, many people begin to fear the threat of foreclosure. Around 1 in every 1,300 Americans are at risk of losing their home due to foreclosure, and in the state of Alabama, many people are caught off guard by what the foreclosure process looks like. If you are worried about foreclosure, here are four things to keep in mind. 1. Alabama is a nonjudicial foreclosure state. This means the mortgage company does not have to file a lawsuit to start the foreclosure process and take your home. 2. The mortgage company doesn’t have to send you an official notice. While many companies will send you a letter in the mail informing you that they have started the foreclosure process, it’s not a legal requirement and some won’t. 3. Prior to selling your home, the mortgage company must publish a “notice of Matthew 7:25 “And the rain descended, and the floods came, and the winds blew, and beat upon that house; and it fell not: for it was founded upon a rock.”

foreclosure sale.” While mortgage companies don’t have to inform you of the foreclosure process personally, they are required to publish a notice in the local paper for three consecutive weeks before selling your home.

RECIPE:

Juicy Lucy Sliders

INGREDIENTS:

• 2 lbs. ground chuck beef, 20% lean

16 small potato rolls, toasted

• 8 slices melting cheese (like American, Swiss, Muenster, or cheddar)

Salt and pepper, to taste

Your favorite burger accompaniments

DIRECTIONS:

1. Divide beef into 16 evenly sized balls. 2. Rip cheese into roughly equal pieces, creating 16 equal portions. 3. Using your index finger, create a small indentation in each ball. 4. Fill indention with cheese and pinch meat around to seal. Then gently form balls into 3/4-inch-thick patties. Season patties. 5. Meanwhile, heat a cast-iron skillet to medium-high. 6. Lightly coat skillet with oil and cook patties in batches. Brown one side undisturbed, about 3 minutes. Carefully flip and cook until desired doneness, about 3 minutes for medium. 7. Serve on toasted potato rolls with your favorite accompaniments.

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Inspired by Bon Appétit

Phone: 205.705.3590

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