Atlanta woman travels north to save home from foreclosure
If your house has gone into foreclosure, one of the most difficult aspects of that process can be simply figuring out who owns your mortgage, to whom you owe mortgage debt and who you should call to try to work out a solution. Recently, one Atlanta woman was forced to travel all the way up to Minnesota to meet with her mortgage provider, in an attempt to work out a deal that will hopefully allow her to avoid being evicted from her foreclosed home.
The 62-year-old woman is a retired Atlanta police officer who worked for the police department for 20 years before bone cancer forced her into early retirement. She lives in Fayetteville and is raising four young grandchildren.
After a series of unfortunate circumstances, including a downsizing of her worker’s comp payments and an increase in her adjustable rate mortgage, the woman found that she could no longer make her monthly mortgage payments. She defaulted on her mortgage and her home went into foreclosure. In March, the house was sold at a foreclosure auction. A court eviction hearing is scheduled for later this month, at which time the woman and her grandchildren could find themselves homeless.
Believing that US Bank, which is headquartered in Minneapolis, purchased her home at the foreclosure auction, the woman came to Minnesota. There, “Occupy Minnesota” protesters helped her get a meeting with US Bank, presenting a petition with 20,000 signatures in support of the woman and her ability to remain in her home.
It turned out that US Bank did not own the home, but the woman was able to meet with Minnesota-based GMAC, the servicer of her mortgage. And although the parties have not yet reached a resolution, attorneys for both are reportedly working together to find a solution that will keep the woman and her grandchildren in their home.
In an interview with local media, the woman said that the holiday season has made this already-difficult situation even more stressful. “Right now, we do not have any place to go,” she said. “It is hard to explain to a 4-year-old why you cannot put your Christmas tree up yet because we do not know what the situation is going to be.”
Source: KARE 11, “Atlanta detective seeks house help in Minnesota,” Allen Constantini, Dec. 3, 2012
At our Georgia law firm, we help homeowners find answers in order to avoid being evicted from their homes. To learn more, please visit our foreclosure page.