Los Angeles, CA - A notice of foreclosure from a lender can be devastating emotionally and can potentially be a financial burden that may carry for a very long time. An experienced and successful foreclosure attorney can use the laws that exist concerning foreclosure to advantage so that they can stop foreclosure, preserve good credit rating, and make sure the ability to buy another home is not damaged. |
California has enacted foreclosure laws that protect a person in danger of a foreclosure, to help homeowners to avoid losing their home. The law is referred to as SB900 and tells homeowners how to avoid foreclosure . The California foreclosure law limits what a lender can do to start the foreclosure process. Most homeowners need the help of a foreclosure lawyer to take full advantage of the foreclosure assistance that the law provides in California.
A mortgage foreclosure attorney can assess homeowner particular situation and the actions that a lender has taken against homeowner. Foreclosure attorney can provide options to stop a foreclosure immediately so that they can assess homeowner situation, compare different methods of getting out from under the burden of a pending foreclosure, and determine how homeowner can better manage their money so homeowner are not threatened with foreclosure again.
An experienced and successful mortgage foreclosure attorney can stop a sale and save the home by either filing a bankruptcy or a lawsuit. The lender cannot proceed with a foreclosure as long as the foreclosure lawyer has filed the necessary documents for a bankruptcy or lawsuit against the lender.
Homeowners are strongly advised to keep every communication from a lender about a foreclosure and all the documents that show efforts to avoid a default and foreclosure. This means homeowner should keep every scrap of paper, all emails, and even record phone calls. The idea is to collect documents that will support for a strong claim against the lender. The documents provide the evidence that a foreclosure lawyer needs to pursue the case.
Under the terms of SB900, when a borrower is seeking foreclosure assistance from the lender, the lender is not able to move forward with a foreclosure sale. Applying for a loan modification usually stops the lender from moving forward with a foreclosure in California under SB900. Even if homeowner are turned down for a loan modification or denied for a short sale, they still have a minimum of 30 days in which their mortgage foreclosure attorney can demonstrate to the court and the lender that they are able to file an appeal. This gives homeowner more time to seek other options or alternatives to foreclosure, such as a short sale. A short sale may be possible if the lender agrees to sell the property for less than the amount owed on the loan. The benefit of a short sale is to come out of the process debt free.
Homeowners that have a claim for wrongful foreclosure against their lender should immediately call a mortgage foreclosure attorney. Filing a law suit against the lender for violation of the California foreclosure laws and protecting homeowner rights to immediately stop a foreclosure in most cases. Filing a bankruptcy will automatically stop a foreclosure if it is the first or second time filed. No matter what is happening, having a lawyer will help to avoid a foreclosure. When a lender says that it will help, there is no guarantee that they will stop foreclosure sale and save home.
Consumer Action Law Group provided free consultation to California resident who want to stop foreclosure. Anyone who received a notice of default or notice of trustee sale, can speak to one of the attorneys at this law firm to find the best legal wait to stop foreclosure.
For immediate foreclosure help visit http://ConsumerActionLawGroup.com
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: Lauren Rode, Esq.
Telephone: (818) 254-8413
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