Los Angeles, CA - Homeowners facing foreclosures in California are not in a hopeless situation. Banks, media, and the government blame borrowers for falling behind on their monthly mortgage payments, not realizing that job loss and illness are the primary factors for default. No matter what stage homeowners are in, a Los Angeles foreclosure attorney can stop a foreclosure sale date.
Working with a good lawyer is the best way to stop a foreclosure sale date and save the home. Experienced Los Angeles foreclosure lawyers are the able to stop the foreclosure process and put homeowners back in control of the situation.
A real estate lawyer in California needs to have a track record in lender lawsuits in order to quickly analyze the facts and assert the best legal arguments to defend the home against foreclosure. Contacting a Los Angeles foreclosure attorney to discuss the best legal options is critical in saving the home. The borrower should find an aggressive attorney who files lawsuits to permanently avoid foreclosure and negotiate an affordable repayment plan.
How to Stop the Process of Foreclosure
When homeowners fail to make timely payments on the mortgage, the lender must make an attempt to warn the borrower that they are at risk of losing their home and facing foreclosure. Once homeowners receive a Notice of Default in California, they are given a 90 day period to either pay the amount of money outstanding or lose their home. If borrowers do not pay the balance due in the time provided, the home will go up for auction. Homeowners still have the option to pay off the amount outstanding to stop foreclosures up until the sale date. If the lender does not communicate with the borrower about alternatives to save the home, there may be grounds for illegal foreclosure.
There are many reasons why people fall behind on their monthly mortgage payments including: Loss of employment, injury or illness, or loss of a family member. The threat posed by the loss of home to a mortgage foreclosure may feel like a daunting challenge. However, many options are available for homeowners living in California who want to avoid foreclosure. An experienced Real estate attorney in Los Angeles can offer many options to save the home:
- Deed in lieu of foreclosure
- Short sale negotiation
When being represented by attorneys, homeowners have the protection of the court. If borrowers seriously require getting the best out come from their foreclosure case, it is best to call a real estate attorney in California to discuss options available to save the home. http://blog.consumeractionlawgroup.com/real-estate-attorney-california-stop-los-angeles-foreclosure/
About Consumer Action Law Group
Consumer Action Law Group is a law firm dedicated to help consumers in consumer-related matters or consumers that experienced fraud and scam. Attorneys in the team are knowledgeable and experienced in the areas of eliminating debt, mortgages fraud, auto fraud, and foreclosures. They have direct experience in consumer fraud matters and helping consumers who are facing financial crisis, foreclosure, issues with employers, and problems with auto dealers.
For Media Inquiries:
Contact Person: Lance Nguyen
Telephone: (818) 254-8413
Email: [email protected]