An Introduction to Foreclosure in Pennsylvania

Although foreclosure isn't in the headlines the same way it was a few years ago, still, too many people in Pennsylvania face the loss of their home. People do not want to lose their home or its equity, and these people often seek solutions to stop or slow the foreclosure process. This blog post will provide some basic information on foreclosure.

When a homeowner becomes delinquent on their mortgage payments, they will be given the option of paying the mortgage before ownership and possession of the residential real estate is taken away. Often, this period of time will be six months. After this time is up, if the homeowner has not cured the problem, they may be foreclosed from redeeming the mortgage. This is the point where the foreclosure process may begin.

A common form of foreclosure is a foreclosure by judicial sale. In this process, the mortgagee files paperwork to begin the foreclosure process. Mortgagee is another word for a bank or other entity that has standing to begin a foreclosure proceeding. The homeowner will receive notice of the filing. After a court proceeding, if the homeowner loses, the county sheriff will set a date for the sale of the home. The proceeds from any sale will first go to the mortgagee, then to any lien holders, then, if there is anything left, to the homeowner.

Legal options may exist to oppose a foreclosure motion, stop a sheriff's sale or even reopen a default judgment in favor of the mortgagee. Pennsylvania residents facing foreclosure have the option of meeting with legal counsel to discuss what options may exist.

Categories

Why Clients Want Us

  • Thousands of Clients Helped

    We have helped thousands of clients with both small and big cases since the inception of the firm. Our attorney Matthew Weisberg has had the opportunity to fight for the rights of clients before the Supreme Court.

  • Affordable Pricing

    We are committed to providing transparent flat fees that are affordable. Everyone deserves the ability to fight for their rights without the worry of affordability.

  • Over 20 Years of Experience

    Since 2005 our firm has advocated for the rights of clients in Philadelphia and surrounding cities. In addition, our attorneys have been in the legal field for over 20 years bringing immeasurable knowledge with them to the firm.

  • Free Consultations

    We understand the stressful nature of the situation you can be in. Call us for a free consultation and we will strive for a response within 24 hours.

Start Your Free Consultation Today!

Defending Our Clients

See What Our Clients are Saying
  • “In a 10 minute conversation with Matthew, after being referred to him by a friend, he had given me peace of mind.”

    - Former Client
  • “He did everything in his power to help me win my case.”

    - Richard M.
  • “Mr. Weisberg assisted my brother with closure regarding numerous outstanding bills, some of which were questionable at best.”

    - Darby R.

Contact Us to Start Assisting You

  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please enter a message.