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A foreclosure attorney is a specialist. This type of professional focuses his or her profession on helping individuals thorough the legal process and to stop it from happening in the first place. It is not easy to face being unable to make the mortgage payment or to know that the home you have put hard work and tears into is no longer one that you can call your own. Before you give up and let the bank take it, realize you do have options and a legal professional like this can be just the person you turn to in order to get the help you need. When You Miss a Payment Keep in mind that the foreclosure attorney is a good person to call as soon as you begin to miss payments. It takes just one or two missed payments, just 60-days of being late, for the lender to begin the foreclosing process in most areas. Though this process can take anywhere from several weeks to six months, it is also a situation in which there are various ways to stop it from proceeding, but only if you put the time into getting help now. If the case goes to court and a judge rules that the lender has the right to foreclose, your hands are nearly tied. Before that happens, call a lawyer to help you. What Can Be Done? Once you begin to miss payments, the lender begins to worry. They do not want to lose their investment in you but they also need to keep capital working towards profits. That's why most will begin to foreclose if you do not do something about it. That is the key there. You can do something about it in nearly all situations up until that court date. Your lawyer can work with you to determine what your options are. You may qualify for a modification of the existing loan to make it more affordable for you to pay. On the other hand, you may be the type to let the home go. It may be better to use a short sale rather than to allow this to process as a foreclosed home, at least in terms of your credit. At the end of the process, you need someone to represent you through the process to ensure you are not held accountable for any debt left over. Do not try to do this on your own. With the help of a foreclosure attorney, you have someone working on your side. Remember that your lender is not on your side but rather would like to do anything they can to get out of a risky situation. Not everyone is familiar with the nuances of stuart fl foreclosure law. That's why you should contact http://www.treasurecoastforeclosurelawyers.com and schedule a consultation today.
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