Foreclosure is a court proceeding that must be followed carefully because failing to do so may lead to trespassing of the rights of the homeowners. If you are in the midst of facing foreclosure, you must not dwell of the feeling of helplessness and that you have nowhere to turn. Remember that you still have specific rights that you can exercise during the legal battle.
Warning – Always consult with your foreclosure defense lawyer about the specific foreclosure rights you are entitled to. Foreclosure laws are complex and confusing to most homeowners but a reliable lawyer can explain everything to you in simpler terms.
Considerations – A foreclosure lawsuit can be expensive. You, as a defendant is not only responsible for legal fees. You are also expected to pay for appraisals. It is important to ask a lawyer on set about what fees you need to prepare for.
Types Of Foreclosure – There are different types of foreclosure and you have to be aware of them. For example, are you facing a strict foreclosure? The type of foreclosure you’re facing can help your lawyer prepare a defense that can win your case.
Time Frame – In a foreclosure defense, the time frame you have refers to the how many days you have until the final deadline to pay off the foreclosure.