Realizing that your home is facing foreclosure can be a devastating and stressful situation. You've worked hard to buy your home and want to make sure that you're able to keep the home that you know and love. When dealing with this news, it's best to hire a foreclosure attorney so that you have legal counsel available throughout the process. They know the law around foreclosure, so their expertise and knowledge will be beneficial. Your attorney may be able to help you fight the foreclosure. Here are the reasons you should hire a foreclosure attorney.
Fight Your Foreclosure
The main reason to get an attorney is if you plan to fight your foreclosure. If you have a legal defense as to why the foreclosure should not legally occur, your attorney will be able to help. Fighting a foreclosure can be complex and there are so many unique situations. Your attorney will work hard to fight for your home.
Do a Short Sale
If you decide not to keep your home and fight the foreclosure, your attorney may suggest that your short sale your home. You can then use the proceeds from your home sale to pay the outstanding balance to your lender so that you're able to move on with your life.
Modify Your Loan
Your attorney may suggest that you try to modify your current home loan. This will make changes to the terms of your loan and can make it more affordable to pay your mortgage. For many, this can help them prevent foreclosure from happening. Your attorney can help you fill out the proper paperwork and communicate with the lender on your behalf.
Represent You In Court
You'll want to make sure that you're ready for court. Your attorney will be there to help you prepare for your court dates and will represent you.
They Know the Law
The laws are always changing, including those laws related to mortgages and foreclosure. Your attorney is always up to date on the latest law changes and can use this information to help you with your case. It can be difficult to understand the law when you're not a lawyer.
If you're facing foreclosure, make sure that you hire an experienced foreclosure attorney. You may be able to stop your foreclosure or find another solution to pay your mortgage debts. Contact a foreclosure law office like Jeffery A Fournier Esquire to learn more about your options or to schedule a consultation.