FILING ANY CHAPTER OF
BANKRUPTCY STOPS A FORECLOSURE SALE.
MOST FORECLOSURES IN MICHIGAN ARE DONE BY PUBLICATION, IN
THE LEGAL NEWS, OF A NOTICE LIKE THE ONE ON THE ATTACHED
PAGE.
FORECLOSURE CAN BE DONE THROUGH THE COURTS, BUT IT TAKES
MORE TIME AND COSTS MORE MONEY
YOUR HOME IS NOT IN FORECLOSURE UNTIL A SUIT IS FILED, OR,
MORE LIKELY, YOU GET THE ATTACHED NOTICE.
A SAMPLE MICHIGAN NOTICE OF SALE BY PUBLICATION IS ATTACHED
AS THE NEXT PAGE.
A FORECLOSURE SALE MAY BE INITIATED BY THE
MORTGAGE SERVICER HANDLING YOUR PAYMENTS, WHICH MAY OR
MAY NOT BE THE SAME ENTITY AS THE ONE THAT ACTUALLY
HOLDS YOUR MORTGAGE.
BEWARE OF SCAMS!