How to stop a sheriffs sale of home

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I received this question by email:

How do I stop a sheriff sale of my home?

This is my answer:

Go to court and file a Motion to Stay Sheriff Sale. Call the court’s clerk and she/he can help you file the necessary paperwork.  You want to file the motion as an emergency. Of course, the judge is going to ask you why do you want to stop the sale. You should have a good explanation about how you intend to pay the past-due mortgage payments.  You may want to contact the lender, and work out a loan modification.  You should also talk to a lawyer to determine whether bankruptcy is a good option for you. On the other hand, if you really can’t afford the mortgage, then you should consider selling the property.

Good luck.

 

 

 

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About Sharmil McKee

I am a licensed business attorney and owner of McKee Law Office. The firm focuses on providing small and mid-sized companies with strategic legal advice. I help businesses prevent and resolve contract disputes, debt collections, employee disputes and tax problems. I have helped over 100 businesses and have tried over 200 cases. In addition, I am the only business attorney in Philadelphia with over 10 years of experience owning and operating a business.