Family Squatting In America

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According an article by Les Christie titled Foreclosures up a Record 81% in 2008. “U.S. foreclosure filings spiked by more than 81% in 2008”, Mr. Christie goes on to say, “that this number is up 226% since 2006.” Across American, people are being displaced at an alarming rate and since it is growing ever so fast families are finding themselves without a place to stay. Squatting is an age old problem and has been going on since America was founded. Yet the term squatting is a slang word and can mean many things, yet the types of squatter we are addressing in this case is family squatting. One of the definitions of a squatter, under Dictionary.com, is a person who settles on land or occupies property without title, right or payment. While I do not advocate for the type of squatting that involves homeless people using abandoned property for setting up drug houses or those who gut a home of all the valuable parts to a house. We are going to explore whether squatters benefit or harm …show more content…
Once the lender has exhausted its attempts to resolve the default with the homeowner, the next step is to contact an attorney to pursue court action. The attorney contacts the mortgagor to try to resolve the default. If the mortgagor is unable to pay off the default, the attorney files a lis pendens (lawsuit pending) with the court. The lis pendens gives notice to the public that a pending action has been filed against the mortgagor. The purpose of the action is to provide evidence of a default and get the court’s approval to initiate foreclosure.
There is usually a timeline from once the house goes into foreclosure until the bank sends a sheriff to your house to physically remove you from the premises and that is ninety days from your first notice. You may have an additional twenty-one to twenty-five days after that if you are going through legal
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