Many homeowners fall behind on their mortgage payments. It is a common misconception that when faced with foreclosure, you have no option but to let the process move forward. Our attorneys at Shipkevich PLLC, have the expertise to defend your rights as it pertains to foreclosures.
NOTICE OF FORECLOSURE
If you receive a letter informing you that a lender is in the process of beginning a foreclosure proceeding against you, it is important to contact your attorney as soon as possible. There are crucial deadlines and criteria for responding to this notice that vary from state to state. Merely contacting the attorney who served the foreclosure papers against you is not enough.
Depending on where you reside, a foreclosure proceeding can either be judicial or non-judicial. A judicial foreclosure requires the lender to go through the Court, and a non-judicial foreclosure is one that does not require the lender to file a lawsuit. This could result in your home being sold very quickly. Do not wait to consult an attorney or you may lose your rights.
The foreclosure process can be very complicated, and it is recommended to consult with an experienced attorney who can:
- Advocate in court or mediate for you.
- Work directly with banks or their attorneys on your behalf.
- Provide information and advice, options and assistance on loan modification, short sale, or a deed in lieu of foreclosure.
- Negotiate on your behalf against any judgment deficiencies.
- Help you avoid eviction.