Homeowners often don’t know what to do about foreclosure when they lose their job or face unanticipated hardship. If things aren’t bad enough, a fraudulent foreclosure-related company can get word of your situation (foreclosure filings can be found in public records). Predatory “foreclosure consultants” or “foreclosure specialists” are out there looking for people like you. […]
Foreclosure, the process of your mortgage lender repossessing your home, sounds scary and can leave you lying wide awake at night if you’ve missed a couple of house payments. However, the reality is that this process happens slowly and the lender will usually offer a number of ways that a homeowner can redeem their loan […]
Once you sell your property in a foreclosure auction, there’s no guarantee that the amount your property sells for is going to completely cover the amount you still owe on your mortgage. In these instances, mortgage lenders are often able to obtain a deficiency judgment and sue for the outstanding balance, leaving many people in a […]
Foreclosure cases are rarely set in stone. Hiring an experienced foreclosure defense attorney early in the case gives you the best chance of success. The last thing you want to do is battle for your home in court without knowing all your options. Here are a few immensely helpful things a foreclosure attorney can do […]
If you, like thousands of Americans, have received a Notice of Default from your lender, your best bet may be to go to court immediately in order to keep your home and prevent a foreclosure. Whether you have received a Notice of Default or not, a skilled Los Angeles foreclosure defense attorney can help you […]
To keep more Americans in their homes, the Home Affordable Modification Program (HAMP) established federal guidelines to modify qualifying mortgages. While the program may offer debt relief, the costs of a rejection can be high. Unforeseen fees and penalties may add up quickly while you wait for a decision. Orange County Foreclosure Defense Attorneys The […]
Once notorious for their difficulties, short sales are becoming a more common solution. Recent legislation has made it more difficult to process foreclosures, yet many banks still find that they have a backlog of homes. Unable to clear the backlog through traditional foreclosure, many may be more open to short sales. These factors can empower […]
When facing foreclosure with two mortgages, the second lien holder will not likely foreclose on you. Instead they’ll wait to pursue you in civil court under a breach of contract claim, where they can seize wages and assets or even force you into bankruptcy. A skilled Los Angeles foreclosure defense attorney can negotiate with second […]
A loan modification can feel like an overwhelming process, but our REST Report helps simplify and streamline your application. When making a proposal, time is precious. Avoid rejections with accurate figures and thorough documentation with our Orange County foreclosure attorney. Get Loan Modification Help From a Los Angeles Foreclosure Attorney As a supplement to your application, […]
If you have been unfairly denied a loan modification or if your lender has brought a foreclosure action against you, the Orange County real estate lawyers at Oak Tree Law may be able to defend you, to obtain a loan modification, to get you more time to remain in your home, to prevent foreclosure or […]
