How To Stop Bank Foreclosure Because Of Back Taxes?
I owe several years of back taxes. How do I stop bank foreclosure because of back taxes? I am paying the taxes as much as I can a month.
I owe several years of back taxes. How do I stop bank foreclosure because of back taxes? I am paying the taxes as much as I can a month.
Looking at the site below, the first thing would be to contact the bank and talk things through. There’s quite a bit of information to help you.
Hope this helps.
Is the bank foreclosing because of back taxes? A standard mortgage requires that current property taxes be paid and that you keep up fire insurance. The lender can foreclose if you don’t. The only ways you can stop a foreclosures is sweet talk the lender into backing off or threaten to file bankruptcy (and be ready to do it.) A Chapter 13 plan in which you pay the delinquent taxes and mortgage payments would do the trick but it would be better if you could avoid it.