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Monday, April 6, 2009 

Would You Win If Your Foreclosure Lawsuit Went to Trial?

Of all the steps in defending a foreclosure in court, actually going to trial to argue 2001 A Space Odyssey win a case may seem the most stressful to the average homeowner. But depending on how much care and preparation has gone into their defense to the bank's positions and their own claims against the lender, the trial may proceed much easier than they expect.

But in fact, most cases never even get to the trial stage of the legal process and all of the research and preparation serves to force the parties to compromise and set up some sort of mutually beneficial agreement. Lawsuits are either thrown out of court for one reason or another, ruled in favor of one party by summary judgment, or the plaintiff and defendant get together to work out a solution like mortgage modification that does not involve the court. This is Weird Fantasy always a better solution than the judge would be able to rule on anyway.

It is worth remembering that most of the work done by 1986 Fleer baseball cards Marx toys be focused on shooting down at least one element of the bank's case, and this is what the defense will focus upon. In the case of foreclosure, this will be a breach of (mortgage) contract case, and the bank will have to prove four elements. These are the following:

  • A legally binding contract existed between the parties.
  • The lender did everything required under the contract.
  • The borrowers failed to meet the requirements of the contract.
  • The borrowers' breach of contract caused the bank actual damages.

In their initial complaint, the bank does not have to state what the elements are of the position they are relying upon. This leaves is up to the homeowners to determine the elements and begin trying to disprove each of them. But borrowers have a lot of material to work with in disproving these elements of the case, and all they have to do is create enough doubt in the judge's or The Lizard minds to prevent a ruling in favor of the mortgage company.

There will be a lot of methods homeowners may use to disprove the bank's positions, much of which are beyond the scope of a single article. Impeaching witnesses by pointing out bias, the impaired ability to observe the facts, and prior inconsistent statements is a start in knocking down any witnesses the bank brings. The bank may attempt to bring in witnesses to convince the decision makers that homeowners should lose their houses, despite any laws violated by the bank in the first place or even a predatory lending situation.

There are also numerous tools that can be used in the courtroom that follow the standard structure of a lawsuit. Homeowners should research how direct examination, cross examination, exhibits, making and responding to objections, witnesses and expert witnesses, opening statements, and closing arguments will fit into their case. Homeowners can use these tactics, as well as see them used against the borrowers by the mortgage company, so it is important to understand how they fit into the overall trial.

This is the part of the entire legal defense to foreclosure process where homeowners may wish to consult with an attorney, either to represent their case in court or simply to provide an awareness of how the trial will work. Both of these options will cost money, of course, but they can help prevent a home from being sent to a quick foreclosure because trial rules were not followed. The value of high-quality, relevant legal advice simply can not be overstated.

Homeowners, though, can try and defend the case on their own and have been successful in the past in doing so. Thus, there is simply no reason to become stressful at the though of arguing a case in court designed to stop foreclosure for good. After all, the case will most likely be settled long before the trial, and homeowners who do defend their foreclosure are much more likely to win or get a draw than those who simply give up on saving their homes and allow the bank to get a quick victory.

Homeowners interested in loan modification, foreclosure loans, deed in lieu, and other options to href="foreclosurefish.com/">stop foreclosure can find all the information they need by visiting the ForeclosureFish website. Visit the site while you still have time to work out a plan to save your home before the bank has it sold out from under you at a county government public auction. Hundreds of pages of information, solutions, and general advice can be searched through at the website, which can be located here: href="foreclosurefish.com/">foreclosurefish.com/

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