Can I file an objection to a foreclosure sale?
Yes, you can file an objection to a foreclosure sale in Texas. A foreclosure is a legal process in which a lender attempts to recover the balance due on a defaulted loan by selling the property securing the loan. When a property is foreclosed upon, the lender files a lawsuit against the borrower to recover the money owed. In Texas, if a homeowner is facing foreclosure, they have the right to file an objection to the foreclosure sale within 10 days of the date the court issues the order of foreclosure. This objection must state the borrower’s reasons for contesting the foreclosure sale. In order to have their objection heard, the borrower must attend the foreclosure sale. At the foreclosure sale, the borrower is given the opportunity to make their case to the court in an objection hearing. The court will then consider the facts and evidence presented and make a decision. If the court finds the objection to be justified, the foreclosure sale may be put on hold or cancelled. It is important to remember that the entire foreclosure process is designed to help the lender recover the balance due on a defaulted loan. The foreclosure sale is generally the last resort, so filing an objection to the sale should be seen as an effort to prevent the foreclosure from taking place. If the objection is unsuccessful, the lender may move forward with the foreclosure sale.
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