Foreclosures Discussion Archive 1

Foreclosure Timeline In Wisconsin

Posted by Charles on April 25, 2002 at 10:47:45:

We have been issued a summons for the foreclosure of our house (located in Wisconsin). As far as I know, the 6 months "option" has been taken in conjunction with chapter 7. The mortgage company is not asking for a defeciency because of the chapter 7 ruling would prevent it. I am just wondering what to expect from here. A court appearance? If so at what point. I cannot tell if I am supposed to do anything with the summons or just sit and wait. We are not contesting anything.

I donot need advice on "saving my home" etc, just some words on what happens next. We have a lawyer from the chapter 7 but expect that if we were to receive help from him it would mean more $$.

Thanks for anything that can be shared!

Charles

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Comments: : We have been issued a summons for the foreclosure of our house (located in Wisconsin). As far as I know, the 6 months "option" has been taken in conjunction with chapter 7. The mortgage company is not asking for a defeciency because of the chapter 7 ruling would prevent it. I am just wondering what to expect from here. A court appearance? If so at what point. I cannot tell if I am supposed to do anything with the summons or just sit and wait. We are not contesting anything. : I donot need advice on "saving my home" etc, just some words on what happens next. We have a lawyer from the chapter 7 but expect that if we were to receive help from him it would mean more $$. : Thanks for anything that can be shared! : Charles

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