If you are behind in your mortgage payments and concerned about keeping your home, there are potential options that should be explored immediately. A knowledgeable California foreclosure attorney can help an individual or family identify the various ways in which foreclosure could be delayed or permanently avoided. The legal team at the firm can also clearly explain those facing foreclosure the alternatives in simple, understandable terms, and can answer any questions about foreclosure.
Facing foreclosure alone can be an extremely complicated, confusing and overwhelming process. The mortgage companies are aggressive in foreclosure proceedings, and the cards are stacked against the homeowner. With a foreclosure attorney, elements of fraud in the mortgage agreement or predatory lending practices can be uncovered to the great benefit of negotiations with the mortgage company for negotiating more favorable loan arrangements.
An attorney can not only potentially delay sale for up to 18 months while the right to foreclose is challenged, but also may be able to negotiate reduction of the principal or interest rate on the loan, for easier monthly payments. Bankruptcy could be the most effective method in preventing foreclosure, and this can also be greatly facilitated utilizing the services of the firm. Time is a factor in foreclosure situations, and more and more potential options can dwindle as time passes. If you are facing foreclosure, it is essential that you immediately contact a California foreclosure defense attorney to protect your rights and your financial future.
Fighting a Judicial vs. Non-Judicial Foreclosure
There are two basic types of foreclosure in the United States: judicial and non-judicial. With a judicial foreclosure, the lender essentially sues the homeowner in court in order to repossess the property and pay off the remaining debt. Judicial foreclosures are extremely rare as they tend to be lengthy and can overwhelm the courts. Non-judicial foreclosures allow a lender to seize the home outside of court proceedings. With this method, the borrower will be issued a notice of default. The borrower then has the option of paying the amount owed within a certain period of time or face foreclosure. If the borrower fails to pay, the house can be sold by the lender. The Law Offices of J. Arthur Roberts can fight against your lender to ensure that you don’t get taken advantage of.
Trusted Foreclosure Lawyer in California
At Law Office of J. Arthur Roberts, we have 20 years of experience helping clients save their homes from foreclosure. We understand how difficult and confusing this process can seem, and the mortgage company representatives can create an atmosphere of fear and worry in order to force compliance. We take a compassionate and caring approach towards clients and a very aggressive stance towards mortgage companies to help you in your pursuit of maintaining ownership of your home for you and your family.