[lbo-talk] Why Not Just Walk Away from a Home?

Steven L. Robinson srobin21 at comcast.net
Tue Feb 19 08:56:19 PST 2008


In most states, foreclosure takes place without the benefit of ANY court process. In California, it is essentially 3 months (notice of default) + 3 weeks (before the notice of sale). After the notice of sale takes place then (in most states) eviction proceedings can be started if the old owner remains in place.

(Often times, the buyers leave long before the eviction process starts and the house stays empty for a long time - leaving the opportunity of adverse possession.) SR

-------------- Original message -------------- From: Chuck <chuck at mutualaid.org>


> Do homeowners who face foreclosure go through the same court process as
> renters?
>
> If so, people could delay eviction proceedings by months simply because
> the court process drags on through multiple proceedings. If more people
> showed up to contest legal proceedings, the courts would get bogged
> down, which would further swamp these landers.
>
> Chuck
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk



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