What happens after mobile home repossession?
Judicial Mobile Home Repossession/Foreclosure In a judicial foreclosure, the lender files a foreclosure lawsuit against you, also known as a notice of default or a Lis Pendens, in the county court. Depending on the court’s schedule, you will be served papers soon after informing you of the lawsuit and requiring that you file an answer. Your response could buy you some time, depending on when you file. If you file your answer at the last possible moment you can take advantage of the foreclosure time line. While the court process is going on, you can work on bringing your loan current or sell the property. Upon receiving your answer, the court schedules a foreclosure hearing. This typically takes a few weeks. At the hearing, the judge will examine the facts of the case against you and your answer to the summons. You may also ask the judge to give you more time if you are trying to bring your loan current or sell the home. If the judge agrees, he will schedule a follow-up hearing at which
