foreclosure

Hello! I am involved in a dispute with a mortgage lender re a home uquity loan. They claim that I oew them money, whereas I claim that I do not.

My question is general and simple:

Can they foreclose on my home or innitate any other collection procedure with my having the oportunity to come into court and present my evidence (cancelled checks) to refute their claim.

Thanks for your reply.

STEVEN M. STECKLER
<steck@home.com>

[HomeGuru]

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by steckler:
Hello! I am involved in a dispute with a mortgage lender re a home uquity loan. They claim that I oew them money, whereas I claim that I do not.

My question is general and simple:

Can they foreclose on my home or innitate any other collection procedure with my having the oportunity to come into court and present my evidence (cancelled checks) to refute their claim.

Thanks for your reply.

STEVEN M. STECKLER
&lt;steck@home.com&gt;<HR></BLOCKQUOTE>

Unfortunately, the mortgage lender can indeed employ any and all collection activity in accordance with the mortgage, promissory note and State laws. THis would of course include fileing foreclosure action against you. Only at the trial or pre-trial settlement, would you have the legal oportunity to provide your proof.

I suggest you make copies of all your receipts, cancelled checks etc. and make an appointment with a manager or supervisor to resolve asap. Once an attorney is involved you are looking a several thousands of dollars in legal fees.