If you are facing foreclosure, don’t wait until the last minute to decide what you are going to do or to determine what your options are. A simple one hour consultation with a Foreclosure, Bankruptcy and Real Estate Attorney can help you determine a few critical things…

(1) Whether a loan modification or loan work out will be possible/feasible

(2) Whether a Chapter 7 or Chapter 13 Bankruptcy may be right for you

(3) Whether you should be looking at other loss mitigation solutions like a short sale, or deed-in-lieu of foreclosure.

(4) What impact these will have on your credit / credit repair options

(5) Do you have any deficiency judgment liability?  Who do you deal with that?

(6) Do you have a good case for predatory lending or truth in lending rescission / elder abuse?  When do you use a lis pendens?

(7) Do you understand the foreclosure timeline (notice of default / notice of sale) and can you get an injunction?

(8) Do you have issues with your chain of title (MERS loans / Assignments of Deed of Trust issues / Substitution of Attorney issues / Robosigners)?

(9) Can you use “produce the note” or UCC presentment defense in Bankruptcy court?

(10) What is “cash for keys” and how can you get it?

These are some of things to think about.  DO NOT BE LULLED INTO A FALSE SENSE OF SECURITY TRUSTING EVERYTHING YOUR LENDER OR LOAN SERVICER IS TELLING YOU.  THEY WANT YOU TO BELIEVE YOU ARE GETTING A LOAN MODIFICATION OR A TRIAL PLAN MODIFICATION SO THAT YOU WILL KEEP MAKING PAYMENTS TO THEM RIGHT UP TO THE END.

THEY HAVE NO PROBLEM FORECLOSING ON YOU IN THE MIDDLE OF A LOAN WORKOUT PROCESS, AND EVEN THESE SELF-IMPOSED MORATORIUMS ARE NOT TO BE TRUSTED.  WE HAVE HEARD THEY WILL SELL YOUR NOTE TO ANOTHER PARTY WHILE THEY FORECLOSE.

SO, FIND OUT YOUR OPTIONS NOW, BEFORE THE HOUSE IS SOLD.  ONCE YOUR HOUSE IS SOLD GOOD LUCK GETTING IT BACK.  THAT IS A VERY DIFFICULT FEAT, ESPECIALLY IF YOU WERE IN DEFAULT WHEN THE HOUSE WAS SOLD.  THIS IS THE LENDER “SUCKER-PUNCH YOU NEED TO BE AWARE OF

FOR MORE INFORMATION, OR TO SET A CONSULTATION FILL OUT OUR INFORMATION SHEET ATHTTP://WWW.ATTORNEYSTEVE.NET

OR, YOU CAN CALL US AT (877) 276-5084.  We have offices in Fresno, San Francisco, Beverly HIlls, Newport Beach, and Phoenix, Arizona.