A real estate foreclosure is a complex matter. The
average homeowner does not understand the foreclosure process. Homeowners may attempt
to resolve the issue at first on their own, but usually find it necessary to
hire an attorney. The attorney is knowledgeable about
When to Contact an Attorney?
You should contact an attorney as soon as you
think you may be in financial trouble and cannot make your mortgage payments. If you have been served with a foreclosure
lawsuit or are a party to a foreclosure proceeding, you should contact a real
estate foreclosure defense attorney right away.
Why Use an Attorney in the Foreclosure Process
- A real estate foreclosure defense attorney is an expert in foreclosure law.
attorney is the only person who can legally represent you.
attorney is a skilled negotiator.
attorney can advise you of all your legal remedies and options to save
have established relationships with loss mitigation departments of lenders
and know how to get to the right person who is in charge quickly.
get results for their clients because lenders are more apt to respond if
an attorney is involved.
Attorney Can Provide
The services that an attorney can provide allow you to save
time and guide you through this process; which for many can be a very difficult
time in their life. Attorneys provide the following services
- Write a letter to your
- Prepare required
documentation for a mortgage modification, deed in lieu, short sale or
other foreclosure resolution method.
- Litigate the matter in court
if necessary and defend your rights.
- Negotiate with your
- File a bankruptcy action
in Bankruptcy Court stopping the foreclosure action.
- Prepare a forensic loan
audit of your loan documentation to make sure you were not a victim of
predatory loan practices.
- Stall the foreclosure
Your attorney may be able to negotiate the following
resolutions depending on your financial situation:
- Mortgage modification
- Short Sale
- Deed In Lieu
- File bankruptcy action
allowing you to keep your home if you continue to make your mortgage
Getting Legal Help
It is recommended that you obtain foreclosure loan help from a real estate
foreclosure defense attorney who can advise you of your legal rights and
defenses available to save your home from foreclosure. The attorney can help
you stop the foreclosure proceedings or delay them.