When facing foreclosure on your home, for whatever reason, it is easy to believe you have run out of options. Don’t fret, you still have choices. One of those choices is strategizing for transition and success. We can provide the guidance, assistance and legal representation you need to protect your interests and to plan for the future.
Navigating the process can be easier with a guide
Whether you want to work with your lender, make a graceful exit or force the lender to prove their case, we can help.
Legal protections to foreclosure exist
Our laws have protections for homeowners like you. It may be possible to stay in the home during the process. You may be able to negotiate a resolution before having to go to court. Contact us now so we can discuss the following:
- Strategies for working with your lender;
- Alternatives to foreclosures;
- The foreclosure process; and
- Legal defenses that may be available to you.
Working Through Home Foreclosure
Though bankruptcy is one of the most effective means of stopping home foreclosure, there are circumstances that may rule out bankruptcy as an option. In such cases, there are alternatives to bankruptcy that may assist individuals and families in preventing foreclosure or transitioning through it. A few of these alternatives to bankruptcy include:
- Applying for mortgage modification
- Applying for a forbearance agreement
- Securing time to complete an orderly transition
When foreclosure is inevitable, it is possible to work through the process in a dignified and orderly manner. You do not have to allow lenders to dictate the terms of the foreclosure transition. In representing your interests, we work to obtain the time you need to allow your family to successfully move forward in life.
Protecting Your Rights in Foreclosure
As part of the foreclosure process, you engage in court-ordered mediation with the lender. If the process breaks down, we work on your behalf to file foreclosure defenses in an effort to cause the lender to examine potential problems and to provide you with extra time to get your affairs in order. Some of the defenses, depending on your situation, may include:
- Lender’s failure to provide 30 day right to cure letter
- Bank’s misapplication of payments
- Truth in lending violations
- Mortgage fraud
- RESPA violations
For a full review of the facts surrounding your foreclosure and a discussion about your options, contact us. We offer a free initial consultation to discuss how we may help you find creative solutions to your unique situations.