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Foreclosure Defense in California Deed of Truct with Form

Foreclosure Defense in California Deed of Truct with Form

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hi my name is Eric Olsen executive director of helps nonprofit law firm I've been an attorney now for 40 years probably filed 40 or 50,000 bankruptcies but I founded an hour on a nonprofit law firm that protects seniors from collector harassment and this little video is going to talk about trust deed foreclosures and what they are and how they work and what's involved when a person buys a home and puts a mortgage on it there's different types of mortgages and a common type of mortgage is what's called a trust deed the background on trustees is they were designed so that a bank could get property back in a quicker way and not have to wait for a person to have what's called a right of redemption so a regular mortgage historically when a bank foreclosed and there was a sell the sheriff sell the owner of the property the person who had the mortgage had a right to what's called redeem the property pay the loan back for a period of time some mi

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