Received A Summons And You Don’t Know What To Do

After you have missed three or four months of payments, the bank will usually call their
attorney and tell them to initiate a foreclosure action against you. The attorney then will
draft a complaint of foreclosure, which will be filed with the court and served to all
named defendants, along with a summons for each defendant and a copy of the lis
pendens, which has already been filed with the court. As stated earlier, the lis pendens is
the ultimate time line indicator. It starts the entire process. It is the point of no return.
The lis pendens not only puts the entire world on notice as to the impending action, but it
also sets the defendant list in stone. Even if you sell your property, or transfer it via
quitclaim deed, you will remain the main defendant in the foreclosure action if you held
title to the property at the time the lis pendens was filed. Once you receive your
summons, you will notice that there are instructions as to how to respond and how much
time you have to do so. 20 days You Must Answer!!! The Summons and Compliant or loss By Default.