When your home is in danger of being foreclosed on, it can be stressful and scary. But all may not be lost. There are several things that need to happen before your home ends up in foreclosure. You should consider where you are in the process before taking action. You will also need to consider the timeline afforded to you during the foreclosure process. The best recommendation we have is to hire a foreclosure attorney. Call The Law Offices of Emil Fleysher, P.A., today to discuss your situation.
Here are five steps recommended by a foreclosure attorney that can help you through the process.
The longer you wait to take action, the more you leave your life in balance. As with any legal procedure, the more time an attorney has to build a case and explore all of your options, the better outcome you will have. There are timelines that you will need to keep in mind. If you decide to try and face the foreclosure alone, you may fall into a speedier foreclosure process which will very quickly leave you without a home.
You only have 20 days from the time of a foreclosure complaint notice to make a legal response. This is a very short period for you to gather all relevant documents and file the correct paperwork, especially without a foreclosure attorney. You may have this deadline extended for 60 to 90 days with legal representation. This is on a case-by-case basis and is not a guarantee that your foreclosure will be delayed.
One of the best ways to fight a foreclosure case is to get organized. This process will require a lot of paperwork and it is best to have all of that paperwork ready and accessible. The longer it takes to find a document, the more detrimental this can be to your case. Before you meet with an attorney, make sure all your financial records are in order, such as your loan documents, balance statements, foreclosure notices, bank statements, and any other documents the lender has sent you. Bring all of this documentation with you to meet with a foreclosure attorney.
If you have been able to get more time to respond to a foreclosure notice, you need to use that time wisely. You may want to get a loan modification, pay off credit cards, and work on your credit score. You will also want to start building a strong financial foundation so that when the foreclosure process is decided upon, you do not end up in the same situation again.
There are many different attorneys out there, but when the foreclosure process is happening, you cannot just hire anyone. You should be aware of why you are facing foreclosure. You may need an attorney that not only specializes in foreclosure, but also bankruptcy. In some cases, filing for bankruptcy could help you keep your home. You will need to research what practice areas the attorney focuses on and if you are a good candidate for bankruptcy.
The most critical step when facing foreclosure is hiring an attorney. The Law Offices of Emil Fleysher, P.A. will look at your unique circumstances and find the best option for you. Do not trust your home and your future to just anyone. Contact us online or call us at 888-886-0020 for a consultation today. We can guide you in the right direction when dealing with foreclosure.
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