Los Angeles, CA - Can a foreclosure sale date be stopped? Many homeowners located in California call asking for options on ways to stop a foreclosure sale date. The answer is YES. A motivated mortgage foreclosure attorney can stop a foreclosure sale and a notice of trustee sale within 1 hour in most cases. Homeowners should find a dedicated and trained attorney, who has a documented record of success in all methods of avoiding foreclosure sale dates. Homeowner’s attorney should apply the most successful option to stop the sale date.
There are 2 common legal options that can prevent a foreclosure. These options include: either filing a lawsuit (foreclosure litigation), or filing a bankruptcy. The best legal strategy to stop a foreclosure depends on the borrower’s personal situation and is best carried out by a successful foreclosure attorney with a strong track record of stopping foreclosures and saving homes. Here is a list of different options a homeowner can use to save their home from a potential sale date:
- Sue the Lender (under SB900) - Filing a Bankruptcy (Chapter 7 & Chapter 13) - Loan Modification - Short Sale - Deed in Lieu
A homeowner can sue their lender if they illegally issue a notice of trustee sale or initiate a foreclosure sale in violation of the California foreclosure laws or SB900. In many cases lenders do not comply with the California laws that protect a homeowner from illegal foreclosure. An experienced foreclosure lawyer can immediately determine if the lender has violated the law and if it is possible to file a lawsuit to stop foreclosure proceedings.
Bankruptcy is also very effective legal strategy for stopping a foreclosure proceeding immediately. An experienced foreclosure attorney can file the case to stop a sale the same day. In many instances, bankruptcy allows individuals to restructure debts, get debt relief, and stop foreclosure sales to keep their home.
A loan modification is a negotiated agreement to change the monthly payments, the length of the loan, and the interest rates the loan charges. This type of negotiation does not require a foreclosure lawyer.
When it is impossible to continue making payments on a property, a short sale is another way to avoid foreclosure. The lender must agree to sell the property for the current value. This usually results in avoiding a claim from the lender later, and may result in making money from the sale depending on whether there is equity in the property.
A deed in lieu of foreclosure can also prevent a foreclosure and possibly keep a foreclosure from affecting long term credit rating and a borrower’s ability to buy another home.
Foreclosure is a complicated and emotionally draining process. Homeowners who have received a notice of foreclosure, notice of default, or notice of trustee sale, should contact an experienced foreclosure lawyer . Time is of Essence so contact a California Attorney to stop the sale today. http://blog.consumeractionlawgroup.com/can-a-foreclosure-attorney-stop-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 more detail about their stop foreclosure service visit, http://consumeractionlawgroup.com/foreclosure-attorneys-that-stop-foreclosure-immediately
For Media Inquiries:
Contact Person: Lauren Rode, Esq.
Telephone: (818) 254-8413
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