Purchasing a home is one of the proudest moments in a person’s life. Unfortunately, when you fall into financial hardship and are unable to make your mortgage payments, your home could be in risk of foreclosure. Before you let the bank take away your home, contact a lawyer who specializes in foreclosure in Casa Grande, AZ.
Timely Response
After you have been served with a foreclosure notice, you have 20 days to respond. A foreclosure attorney will help you explore you options. They will also help you come up with a response to the foreclosure notice.
Options
When you are served with a foreclosure lawsuit, you have a few options. If you choose to let the foreclosure go through, a lawyer can help you with a strategic default. You can also choose a short sale or a deed in lieu. Either of these can give you a clean break from your mortgage debt. A foreclosure lawyer can go to the lender and get them to agree to your plan.
Help in Court
If you decide to fight your foreclosure, you will be required to appear in court. When you hire a foreclosure lawyer, you will have someone in court with you, giving you the best possible chance of winning.
Protection
After a foreclosure, you may find yourself in serious debt. Often times, lenders will try to trap you in an underwater mortgage through the mortgage modification. Whether you go through with the foreclosure, a short sale or a deed in lieu, your lender may try to pursue a deficiency judgment. This judgment could require that you repay the remaining balance of the mortgage after your home has been sold. When you hire a foreclosure lawyer, you will have someone in your corner to protect you from lender deception.
Going through a foreclosure in Casa Grande, AZ can be very difficult. Not only are you about to lose your home, you can also be left with a great deal of debts when you leave your home. The best thing that you can do for yourself and your financial future is to hire a foreclosure lawyer. For more information, browse the site.
