Foreclosure Legal Help

This is a discussion on Foreclosure Legal Help within the Mortgages, Refinancing, Foreclosure forum, part of the Buying & Selling Property category; Need legal help ASAP! Can somebody tell me what the lawyers can do?...

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Old Aug 25th, 2009, 05:53 PM   #1
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Default Foreclosure Legal Help

Need legal help ASAP!

Can somebody tell me what the lawyers can do?
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Old Aug 25th, 2009, 09:38 PM   #2
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Default re: Foreclosure Legal Help

Truthfully, that depends on your jurisdiction, the type of loan, how far in default you are, and numerous other factors. The only way to know what, if anything, can be done is to speak with a local attorney just as soon as possible. Go to the WLD main page and contact them. They have lawyers all over and can give you a referral. Hope it works out for you. AJJ
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Old Aug 25th, 2009, 09:56 PM   #3
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Many homeowners are not aware that there are usually several defenses that can be asserted on their behalf in every foreclosure action. These defenses usually have something to do with the conduct of your loan officer, items not properly disclosed and regulatory requirements that the lender has not complied with. Some of the options available to you are:
  • Loan Modification
  • Stipulated Foreclosure with no deficiency
  • Short Sale
  • Deed in lieu of Foreclosure
  • Filing Bankruptcy


Email: info @ worldlawdirect.com
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Old Aug 25th, 2009, 10:36 PM   #4
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Default Re: Foreclosure Legal Help

Foreclosure attorneys can assist you in a variety of ways. An attorney
with foreclosure help experience can help you stop the process as well
as recover from the loss if you're unable to pay the mortgage on the
property.
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Old Aug 26th, 2009, 09:10 AM   #5
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Default Re: Foreclosure Legal Help

The ones we hired did slow it down, and eventually we worked out a modification.
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