What To Do If The Sheriff Gives me a Foreclosure Notice
Since 2007, nearly 4.2 million people have lost their homes due to foreclosure. Unfortunately, this can happen to any of us. It is a very scary consequence to missed mortgage payments because it could take away your home. This isn’t something that can be taken lightly or ignored, as one wrong move could result in losing your house. If you have been given a foreclosure notice, there are some steps you will want to take to try and save your home.
What is Foreclosure?
Foreclosure is a worst-case scenario for a person after they’ve fallen behind on their mortgage payments. The person who has lent you your property, the lender, will be able to take ownership of their property because you are not making mortgage payments on time (or at all). The lender will evict you from their property and then sell the home.
Filing for Bankruptcy to Avoid It
If you are looking for a way to make up for missed mortgage payments, filing for bankruptcy may be the best option for you. Filing for bankruptcy will allow you to completely eliminate different kinds of debt. Filing for bankruptcy can also let you reorganize your debt and create time to make up on the mortgage payments you missed. The downside to bankruptcy is that it will greatly harm your credit score. If you are unsure if bankruptcy is for you, you might want to contact a lawyer.
Hiring Foreclosure Defense
When dealing with any type of foreclosure, you may feel overwhelmed or confused. You may even feel that there is a solution that is just out of your reach but may not know what it is. With the right foreclosure attorney, you will be able to make the process of handling foreclosure much easier. After a consultation with your attorney, you will have a clear idea of what steps you need to take next.
You will have to respond to your foreclosure notice in writing and file your response with the court. Additionally, you will need to come up with arguments about why your lender should not be allowed to foreclose. Alone, this task is very difficult. With an attorney, you will have help to write this response and come up with arguments for the court.
With the right defense, you can expect impeccable defense in the courtroom. Many attorneys are well-versed in foreclosure defense and foreclosure arguments. While you could defend yourself on your own, you may not have the knowledge to properly get your point across. A foreclosure attorney will know which mistakes to avoid and how to help you out of foreclosure.
Defense with Bartifay Law Offices
Finding out that you may lose your home to your lender will put you through a large range of emotions. You may feel scared to lose your home, or angry at yourself for falling behind on mortgage payments. You do not have to go through this process alone.
Bartifay Law Offices has provided foreclosure defense and consultations for over 26 years. Specializing in foreclosure, bankruptcy, and loan modifications, Bartifay Law Offices can assist you in a variety of ways. We understand how important it is to you to have your home. When you choose us, we will examine your unique financial situation and find the best step to take next. The next step could involve filing for bankruptcy, which we also provide assistance with. Our lawyers will work their hardest to help you out of foreclosure. To find out more, call 412-824-4011.