A competent foreclosure attorney can explain your rights and obligations. They can explain the timing of the foreclosure and what to expect at the end. They can also explain possible deficiency issues and tax consequences.
This firm is in the business of helping people and companies file for bankruptcy protection. Therefore, the bankruptcy code requires that we call our firm a "debt relief agency."
This information is provided for general information purposes only and is not intended to be a legal opinion, legal advice or a complete discussion of the related issues. Nor is this advice intended to create a client - attorney relationship. Every individual's factual situation is different and you should seek independent legal advice from an attorney familiar with the laws of your state or locality regarding specific information.
A competent attorney will help you save time, money and headache. There processes in place to insure that foreclosures are carried out properly. Should you not comply completely, you will delay your ability to recover the property. Tax and property law complex. Please consult a foreclosure attorney for your own good. The money you spend will generally save you money in the long run.
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Having an attorney is critical. Litigation has a couple of linchpins: personal jurisdiction, subject matter jurisdiction, and standing. In a foreclosure, there are often standing defenses you are likely to miss on your own. Aside from slowing the foreclosure, these type of defects may give you leverage to negotiate with a bank. Your attorney can also act as a negotiator to try to work out a settlement with the bank.