You may have thought it would never happen to you-foreclosure. Yet, you are now faced with this real possibility. What do you do? Can anything be done about it? The answer is yes. It is highly recommended that you contact a foreclosure defense in Richmond to answer your questions and to get legal guidance before it is too late. The Law Office of Clint Chase is well-qualified to provide effective assistance, with years of foreclosure experience. We have helped many homeowners to keep their homes through bankruptcy, loan modifications, short sales or a deed in lieu of foreclosure. We are committed to protecting the rights of consumers and our clients get our full attention when a foreclosure is pending. Legal action should be undertaken at once, and we are ready to help you now.
A lender is allowed by law to initiate foreclosure proceedings after you have missed three mortgage payments. The foreclosure becomes public record once the lender sends you notice of the intent to foreclose. Once you have received the notice, a sheriff's office representative or a process server will deliver a summons to your residence in person. It's best to accept this summons at that time. If you don't, the lender will simply place a public notice in the newspaper. You have 60 days to respond to the summons and failure to do so may result in the court entering a default judgment against you. You should also be aware that once the impending foreclosure is made part of the public record, unscrupulous scam artists could contact you offering help, and being aware of the various scams is important as you could lost money that you can't afford, and get no result.
We know what to do if you are facing foreclosure. We need to speak with you immediately, as early actions are important in any foreclosure. The possibilities include the reinstatement of your loan, in which you will pay your lender all overdue payments. The other is the right to redemption, where you are allowed to refinance or sell your home and then pay off your loan. You will have 30 days to move out if the home is sold or face eviction. Another possibility is legal action to defend against the foreclosure by demanding all paperwork surrounding your mortgage. Mortgages were bought and sold wildly during the sub-prime mortgage boom prior to the 2008 crash, and there are many lenders who do not have the correct paperwork and cannot legally foreclose upon your home. You could be a victim of predatory lending tactics, and if so, we can pursue compensation for the violation of your rights. Filing for bankruptcy will halt foreclosure proceedings as well. We do it all - let us find out what will work best for you.
We are passionate about helping individuals avoid foreclosure and we are ready to fight. Contact us right away. We can help you create a better financial future that puts you back in control.
Our law office provides legal services to victims of foreclosure as well as loan modification relief to clients throughout Richmond. We can help!