What Not to Do When Filing for Bankruptcy?

File-For-Bankruptcy-form-on-clipboard-calculator-spreadsheet-white

Filing for bankruptcy can be a positive experience that helps regain your financial footing. However, there are certain steps that can hurt your bankruptcy case, even if they’re in good intention or accidental. Here is what you should avoid before filing: Don’t Lie About Your Assets Always be completely honest about your assets. Your case […]

Litigation Strategies in Foreclosure Cases

foreclosure-litigation-attorneys-meeting

Once a property is in foreclosure, a homeowner’s options range from filing for bankruptcy to applying for a loan modification. There are also options when it comes to litigation. The foreclosure process is confusing and complicated to most people already facing financial hardship. Even if you apply for a loan modification, the bank may still […]

Will Filing For Bankruptcy Stop My Foreclosure?

Trial-Bankruptcy-Foreclosure

Facing foreclosure can be one of the more troubling life events of adulthood, but it can happen to even the most financially savvy homeowners. ATTOM Data Solutions released its 2018 Foreclosure Market Report that shows bank repossessions, defaults and foreclosure filings are down 78% since the peak of the crash in 2010. Even though U.S. […]

Tips for Getting a Loan Modification

man-getting-a-loan-modification

Paying the monthly mortgage bill can become difficult, depending on whatever financial situation arises. Lenders often provide the option to refinance a mortgage loan. Another option is loan modification. Rather than starting over with a new loan, this adjusts the original loan terms. Your lender can, therefore, help make the loan less of a burden. […]

5 Ways to Stop Foreclosure Immediately

foreclosure-house-for-sale

The foreclosure process starts once you get a Notice of Default (NOD) from your lender. You’ve missed at least three mortgage payments, maybe more, so there seems to be no way to avoid losing your home. However, there are a few strategies that can set you on track. A foreclosure attorney near Los Angeles can […]

Why Choose OakTree Law?

happy-couple-clearing-bankruptcy-debt

There comes a time in every law firm’s lifespan where we have to shamelessly promote ourselves and toot our own horn. This would be that time. There are a million reasons why we believe that OakTree Law is at the top of our class, but allow us to outline those reasons here. Life is full […]

What to Know Before Missing a Mortgage Payment

Pair of Black Glasses and Pen on Notebook on Desk with Potted Plant Jar of Coins and House Shaped Decoration

Owning a home doesn’t protect you against losing your job, incurring unexpected repair or medical bills, or experiencing other forms of financial hardship. Missing a mortgage payment may seem quite devastating on top of your difficulties. However, the consequences aren’t always immediate, at least compared to not paying other bills. Having food on the table […]

What Can and Cannot Be Repossessed by Creditors

gavel-and-toy-house

Repossession is when a creditor gains control of property used as collateral for a loan that’s in default. A creditor reserves the right to take away something you own if you violate the terms of the agreement. However, there are rules they must follow. If you’ve failed to make monthly payments, and/or are in default, […]

How Can I Stop Foreclosure?

foreclosure legal notice

If you’ve fallen behind on mortgage payments and have received a Notice of Default (NOD) from your lender, foreclosure is still not inevitable. There are several ways a Los Angeles foreclosure attorney can help you delay or stop further action. Sometimes, the lender will be open to a deal, since it’s usually better for them […]