Relief IS possible!
Are you facing a foreclosure or possible foreclosure soon?
Many people, including professionals, will tell you that there
is nothing you can do if you are behind in payments. However,
that is no longer true. If your case is pre-foreclosure, or
recently filed, it is possible that we can offer a defense
to your foreclosure. Even if you are working on a modification,
you MUST respond to the foreclosure to preserve possible defenses.
If you are past that point, it is still worth talking to us
to see if we are able to offer a defense.
Will the bank work with me?
No, not to stop the foreclosure. Foreclosure departments process
their own documents, entirely separate from modification departments.
The two departments are not coordinated and you should NOT
rely on a modification going through before the foreclosure
is complete. You should also not ignore foreclosure filings
or deadlines because the bank or others tell you not to worry
about these. There is NO guarantee your modification will
go through. The banks either work out the modification with
you or take the home back to resell. Either way, your legal
rights are unprotected and you could lose the home you were
trying to save. You may have spent thousands to update, remodel,
or repair the home which is lost to you and the bank.
In the meantime...
You may not be aware that your mortgage had been previously
bundled and sold, and the company filing foreclosure against
you may not be the legal owner of the note and mortgage. Any
of the above may apply to your home loan and allow you to
defend against a foreclosure.
What to do?
Foreclosure can be a possibility for anyone who has
experienced a job loss, medical or health issues, divorce,
death of a spouse, etc. Foreclosure defense can offer you
relief with the possibility of saving the home you have invested
in, and in a neighborhood you choose to live in. The ultimate
goal of each homeowner may be different, but rest assured,
you may have legal options to meet those goals. Please call
today 262-432-3600 and speak to one of our Attorneys practicing
in this area: Tricia Knight, Larraine McNamara-McGraw and