Bank is kicking us out.

Victor is sounds like the trustee sale has happened and the bank now owns the home. The agent that was assigned by the bank to sell the house is trying to negotiate with you which is why they have offered the cash for keys. If you cannot reach an agreement then the bank will start the eviction process. Unless there are other legal issues it is likely that you are going to have to move eventually. It may be in your best interest to negotiate the best possible deal that you can with the agent representing the bank. You also may want to consult with a different bankruptcy attorney about your specific situation. Good luck.

we lost the house by foreclosure,menlo park california on april ,coldwell banker sent a letter give note to exchange cash for keys ten days 04-20 to 04-30 .WAMU-CHASE NOW ITS THE kNEW OWNER ???how many days we can stay in this property,we didnt get the evacuation letter????baankruptcy can stop the eviction??? we have lawyer we pay more than 2000dolares but never answer calls and emails he get the money and its hiding from us we can not contact him anymore please advice

please advice about mal practice lawyer can i report to CA state OR federal goverment its a crime ????? If the bank its the new owner for how long we can stay in the property california menlo park .

Robin,  Please correct me if I’m wrong, but I’m going to read between the lines and guess that the real problem is that you and your husband have lost your income due to what sounds like some pretty severe illnesses.  One of the most important things I try to remind people in foreclosure is to seperate the cause from the symptom. Losing your house is not the cause of your problem, it is just a symptom. If you want to solve the problem forget the symptoms and focus on the cause.  My guess is that if you can find a solid answer for the bank regarding income, they’ll find a solution. Have you checked in to welfare or state disability options? Can the teenagers get some part time jobs to help? Have you talked to your church or other community organizations that help in times of need? Asking for help is hard, but not having a place for you, your husband and your 4 kids to live will be far harder!  If nothing works, then try to sell the home before foreclosure. If you do have some equity, there is ALWAYS an investor that will buy your home at a discount. You may even be able to trade equity for rent in the home (just make sure the trade is fair and never count on being able to buy it back later).  There is one other thing to consider which I rarely recommend, but that might make sense for you… bankruptcy. I’m guessing you may also have credit card debt and hospital bills. I’m also guessing that with time your husband will get better and that income will improve. This is what our bankruptcy law was designed for… a second chance when catastrophe strikes. But be clear, it is no get out of jail free card. It can delay foreclosure, but ultimately the bank will take the home if you can’t pay every cent owed to them. If you pursue this option find a good attorney. I see too many people declare bankruptcy and then lose their house because they had a lousy attorney who was sleeping at the wheel.  We’ll keep you and your family in our thoughts. Please feel free to ask follow up questions.