Los Angeles Foreclosure Defense Attorney
Defending Yourself Against Foreclosure
If you are facing foreclosure in the state of California, it is very important that you act fast to take the necessary steps to defend against foreclosure. Foreclosure is a troubling issue that requires the legal expertise of a qualified Los Angeles bankruptcy lawyer. At the Mathews Law Firm, we can provide you with the legal representation you need to defend yourself against foreclosure. Unlike other firms, we provide each one of our clients with
one-on-one attention. The key to a solid foreclosure defense is a full evaluation of all of your loan documents as the initial step. There are a variety of errors in foreclosure filings and in loan documentation that could be brought to the attention of your lender, or to the court. We seek out the best alternatives for our clients through a full evaluation of the situation. We know all the options in defending against foreclosure, and urge you to contact us before the matter progresses further.
Understanding Foreclosure Defense
Foreclosure is as legal process by which a mortgage lender obtains a termination of the equitable rights of redemption of an individual who has failed to make regular payments on the mortgage. In most cases, lenders will follow a "non-judicial" foreclosure system. This system entails that mortgage lenders will send out a series of legal notices to a homeowner informing him or her of their intention to foreclose on the home. This method of foreclosure does not require court intervention; these lenders simply act on the terms of the mortgage agreement that you have breached by not paying. Individuals usually have as little as 30 days in which to challenge the foreclosure or take the steps necessary to prevent this action. Once a property has been officially foreclosed upon, legal recourse becomes more difficult, and we urge you to move forward quickly if you have been notified of a foreclosure.
Bankruptcy Lawyer in Los Angeles
There are many options that are available to property owners who have fallen behind on their mortgage payments and may be facing foreclosure. Options that may be available to property owners facing foreclosure include:
- Deed in lieu of foreclosure
- Forbearance agreements
- Refinancing
- Programs such as the Making Home Affordable Program, the Home Affordable Modification Program (HAMP), and the HOPE Now Program
- Reinstatement
- Short sale
-
Chapter 7 or
Chapter 13 bankruptcy
You have rights and they need to be protected if you are threatened with foreclosure. Our firm can assist you in pursuing the foreclosure prevention option that best fits the unique circumstances of your financial situation.
Contact a Los Angeles bankruptcy attorney
if you would like to know more about foreclosure defense.