Many homeowners in foreclosure assume that they have limited rights against a foreclosure because they fell behind on their mortgage payments.
While the courts have undoubtedly made it more challenging to defend foreclosure cases, there remain many benefits to hiring a foreclosure defense attorney. Below are a few benefits, among many:
- Know Your Options: A good foreclosure defense lawyer can explain all of your options for you and the legal consequences of those options. Your options may include a loan modification, short sale, deed-in-lieu of foreclosure, cash for keys, or litigating the case to a verdict;
- Defend You In Court: When you are sued for foreclosure, you are being hauled into court by the bank and you have no choice but to defend yourself in court. If you only work directly with the bank and fail to file critical documents and fail to follow the deadlines set forth in the rules of court, you will most likely lose your home.
The court process is very complicated and requires an understanding of all of the rules, deadlines, case law, legal doctrines, and how to handle motion hearings as well as evidentiary hearings with testimony and evidence.
It can be very dangerous for a homeowner to try to navigate the legal system without the benefit of legal counsel. A good foreclosure defense lawyer can defend you in court while also getting you the additional time you may need to save your home.
- Peace of Mind: A good foreclosure defense lawyer can be a worthwhile investment for your peace of mind. A foreclosure can be a very stressful experience with the anxiety of potentially losing your home. Having to go to court makes the experience even more stressful.
A good foreclosure defense lawyer can go to court for you and help you with all of the paperwork to save your home. This takes a huge burden off of your shoulders so you can focus on your work, your family, and getting back on track.
These are just a few of the reasons to hire a foreclosure defense lawyer. The bank will have its lawyers. You should too.
Best Regards,
Ryan Torrens
Consumer litigation attorney
