In today’s economy, it is not uncommon to find homeowners facing foreclosure. However, many homeowners are not aware of the fact that they can also choose to fight foreclosure. Statistics suggest that this is due to lack of awareness about their rights. Data is clear though as more than 90% foreclosures are closed without any fight by the homeowners. However, if you do not want to be a statistic, you need to formulate your own foreclosure defense Riverside strategy. There are certain things you can do to keep your house.
One of the first things you need to do as part of your foreclosure defense Riverside strategy is to get in touch with an experienced and reliable lawyer specializing in foreclosure defense. You will have to spend some money to hire the services of a lawyer but it will save you a lot of money down the line. Also, you can’t choose any lawyer. You need to do your homework and work with a lawyer who has already dealt with such cases and is ready to fight for the rights of his or her clients.
Foreclosure Defense Riverside Attorney
Keep in mind that you have the right to file in the court of law to get a stay for preventing immediate foreclosure. Therefore, you will need the services of a lawyer to prevent immediate foreclosure.
When it comes to foreclosure defense, they are a number of options available to you. Many cases have been discovered wherein the lending institutions or banks did not notify the homeowner properly. In other cases, they did not complete the paperwork that was required to be done in order to foreclose the property. This could be a valid defense for you. To execute this defense strategy, you will have to take help from foreclosure attorney who can make the discovery on your behalf.
Another important thing you need to keep in mind is that you are also eligible to apply for a loan modification program in case you are unable to make payments on your mortgage. Many different types of modification programs are available for preventing foreclosure. You will need to provide a lot of information to the foreclosure attorney to allow him to devise a defense strategy.
Foreclosure Defense Riverside Lawyers
Tell the attorney about your personal circumstances, your payment history, and give a copy of the mortgage agreement in order to get started. You will also need to provide proof of employment as well as the money you earn. In case you have lost your job and are currently unemployed, you will need to provide proof that you do not have a job at this time and information on all of your current sources of income.
In case any other type of document is needed, it will be advised by your foreclosure defense attorney Riverside. It is important for you to keep in mind that the right time to get started with your foreclosure defense strategy is as early as possible. You do not want to wait for a notice from your bank or other financial institution. In case you are sure that you won’t be able to make your mortgage payments, you should get started as early as possible and keep a defense strategy ready to save your home from foreclosure.