What Does Taking Deed-in-Lieu of Foreclosure Mean?

Answer When a homeowner is facing foreclosure, one of the alternatives that he may pursue is a deed-in-lieu of foreclosure. With a deed-in-lieu of foreclosure, the borrower voluntarily gives up the title ... Read More »

Top Q&A For: What Does Taking Deed-in-Lieu of Foreclosure Mean

What Is a Deed-In-Lieu in Florida?

If you're a Florida homeowner on the verge of losing your home, a deed-in-lieu might be a good alternative to foreclosure or bankruptcy. A deed-in-lieu is an agreement whereby you return the deed o... Read More »

How to Calculate Pay in Lieu of Notice?

Under the Worker Adjustment and Retraining Notification Act (WARN), employers with 100 or more employees must give 60 calendar days advance notice in the case of plant closings or mass layoffs. Oth... Read More »

Deed in Lieu Process?

Experiencing a financial hardship and not being able to pay your mortgage doesn't leave you with many options. Whether you've lost your job or have mounting bills, sometimes your monthly income doe... Read More »

How Hard Is it to Get a Mortgage Deed in Lieu?

When mortgages fail, borrowers have several options to help improve their credit and save themselves from other financial problems. For instance, a short sale is a common alternative to foreclosure... Read More »