who is foreclosure attorney

What to do if you are behind on your house payments?

If you’re behind on your house payments and don’t know what to do, don’t delay, and call a foreclosure attorney now. If a Notice of Default has been issued, again the first thing you should do is contact a foreclosure attorney to receive a legal review of your situation.

Why do people get behind on their mortgage?

This may occur for a variety of reasons, from job loss, poorly performing investments, medical issues, or even natural disasters .#N#When people get behind on their mortgage, a lender may attempt to foreclose on their property. Foreclosure is a legal process by which the lender forces the sale of a piece of property to recover losses when a borrower stops making payments. It can occur either by court order, or through a specific statutory process that is dependent on your jurisdiction.

What can a foreclosure attorney do?

A foreclosure attorney can figure out how to keep your home or, if that is not an option, how to make money off its sale. A lawyer will defend you against foreclosure, negoti ating with your creditors and helping you find alternatives, such as a short sale, so that you receive the most money back.

What is foreclosure law?

Foreclosure laws are very detailed and strict about the process the bank must follow. A foreclosure attorney can explain your options to avoid a foreclosure sale, and help you to decide the best course of action for your situation.

Our Florida Law Firm Stands Up for Your Rights

Losing a home to foreclosure is a frightening and stressful experience. You wonder if your credit will be ruined and how you’ll find another place for you and your family to live. You may feel embarrassed about your situation. Unfortunately, in Florida, home foreclosures are all too common. But it doesn’t have to happen to you.

Florida Foreclosure Lawyers Understand the Law

Lenders can’t simply put padlocks on your doors and throw you out when you haven’t paid the mortgage. Under federal consumer protection law in most cases, they must wait until you have missed payments for at least 120 days before they can begin to foreclose.

Delivering Real Debt Solutions with Significant Savings

If you are not in foreclosure but have begun receiving notices of an imminent foreclosure filing or had a prior foreclosure that was dismissed, our law firm may be able to obtain a reduced payoff for your current mortgage through a refinance with our loan evaluator.

Served with a Foreclosure Complaint?

To begin the foreclosure process, lenders must go through the courts in Florida. This is called a judicial foreclosure. In a judicial foreclosure, the lender files a lawsuit with the court. Homeowners facing foreclosure are served with a foreclosure complaint that they then have 20 days to respond to in writing.

Lenders Can and Do Make Mistakes

There are various defenses that can be raised in foreclosure cases. The lender might have made a mistake in servicing your loan, or they might not have followed proper legal procedures before filing a foreclosure suit.

In Danger of Losing Your Home?

When you’re facing a foreclosure, you need to understand what alternatives are available to you. When you come to our law office, our foreclosure lawyer will work closely with you to ensure that you understand all your options. Then, based on that understanding, we will determine the best strategy for your case.

Reach Out to a Compassionate Foreclosure Lawyer in Florida

If you’re facing foreclosure and are ready to fight for your home, you’ve come to the right place. Our foreclosure defense attorney will help you in developing a strategy to prevent foreclosure and keep a roof over your head. Losing a home is devastating.

What is foreclosure in real estate?

A foreclosure is forced sale of home or property by a financial institution such as a bank or mortgage company. Unless you paid for your property in full (cash) at the time of purchase, most property owners use a 3rd party to provide the additional funds to complete the sale. As a result, the owner is obligated to repay ...

What is foreclosure process?

The foreclosure process is a lawsuit brought by the bank or lender to force the sale of property to satisfy the outstanding debt. In most instances, the court will order a sale of the property after deciding the actual balance due on the mortgage (this includes accrued interest). The proceeds of the sale of your property will then apply to ...

How long does a pre foreclosure take?

The homeowner has 30 days to make the payments on the debt owed or the foreclosure process will be initiated.

What is acceleration clause?

The acceleration clause permits the bank or mortgage holder to declare the whole loan due if the property owner misses a specified number of mortgage payments. Usually, the property owner must be provided with sufficient notice before the lending institution can invoke the acceleration clause. The foreclosure process is a lawsuit brought by ...

Can you redeem a home after foreclosure?

In some states, the borrower may have a right to redeem after a foreclosure by paying the entire sale price. Right of Redemption: Anytime prior to a foreclosure sale, the homeowner or mortgagor may redeem the property by paying the amount due. This is known as the right of redemption. If the mortgage contains an acceleration clause, ...

Foreclosure Lawyer Serving Los Angeles, Orange County, San Diego, Riverside, San Bernardino, San Jose, Sacramento, and Surrounding Areas in California

For homeowners throughout California, owning a home is the American dream, while losing a home to foreclosure is a worst-case scenario. With California homeowners struggling with payments after recent economic turmoil, foreclosures are happening more often than you might think.

What is Foreclosure?

Foreclosure occurs when a homeowner fails to pay the mortgage on their personal property. When you take out a mortgage loan to purchase a property, your home becomes collateral for the loan. You agree to make monthly payments on the mortgage until you have paid back the total debt.

The Foreclosure Process

In the United States, there are two types of foreclosures—non-judicial and judicial.

Implications of Foreclosure

Foreclosure can be a strenuous, difficult and complex process for a someone to go through. Not only will you lose your home but, also face other long-lasting consequences such as:

How to Avoid Foreclosure

If you are at risk for foreclosure, there are steps you can take to get current on your loan and avoid foreclosure. Even if the lender has sent you a Notice of Default, foreclosure can still be avoidable! There are various ways in which you can stop foreclosure:

Do You Need a Lawyer for Foreclosure?

Facing the threat of foreclosure represents a major financial crisis for homeowners and it can be difficult to know what to do or where to turn for help. Hiring an experienced foreclosure lawyer will alleviate any unnecessary stress as they help navigate you through the legal process and provide you with the best option for your situation.

Contact a Trusted Foreclosure Defense Attorney in Los Angeles, Orange County, San Diego, Riverside, San Bernardino, San Jose, Sacramento, and Surrounding Areas in California Today

Losing your home to a foreclosure proceeding can be a frightening thought. Don’t let a job loss or any other unforeseen financial crises put your hard work and money towards your personal property go to waste.