Lane Splitting Legal in California. California is the only state that specifically provides for legal lane splitting. According to the California Highway Patrol, lane splitting is legal if it is done in a safe and prudent manner.. Elsewhere on the West Coast, Oregon tried to pass two separate pro-lane-splitting bills earlier this year.
The following tips can help you avoid being a victim of foreclosure fraud: 1  Remember that signing over a deed to a different person does not automatically relieve you of any mortgage payments or outstanding debt. 2  Likewise, it is not always necessary to sign over the deed to your home in order to obtain new financing.Hidden Balloon Paymentsâ : In this type of foreclosure fraud, a lender will offer to save the homeowner from foreclosure by offering a discounted mortgage refinancing plan. The plan may involve lower monthly payments, but this is because the homeowner is only paying the interest for each month.
A Notice of Default or Foreclosure Notice is often seen as a reminder that the debtor has failed to pay according to the terms and conditions that he or she agreed to upon receiving the loan. It is possible that the notice of default be accompanied by a grace period, which allows debtors to avoid possible litigation issues with the lender. However, it is also possible that the notice of default with a grace period carries with it penalties or other fines. It is also possible to accumulate additional interest in the event of a payment default. The foreclosure process doesnât officially begin until you receive a notice of default, or a foreclosure notice.