If you’re in the unenviable position of having your home foreclosed upon, you may want to hire an attorney. Foreclosure in Oakdale, MN doesn’t mean that all is lost. Of course, things could be better, but foreclosure doesn’t necessarily mean that you’re going to automatically lose your home. In fact, with the number of errors that lending institutions are making these days, especially with so many foreclosure properties, it’s not outside the realm of possibility to fight foreclosure and retain possession of your home. However, if you want to fight the foreclosure, then you’re going to need an attorney. Visit website for more information.
A mortgage modification plan is a great solution. Sometimes, however, it takes the full weight of an attorney representing you before a lending institution will agree to allow you to modify your mortgage to the point where you can afford to stay in your home. In some cases, your situation qualifies for mortgage modification, but in a bank’s haste to foreclose on your home, they may either knowingly or unknowingly overlook your eligibility for mortgage modification or mortgage restructuring. Fortunately, a foreclosure attorney will be able to spot these issues and bring them to your attention and inevitably, bring them to the attention of the lender trying to foreclose on your home.
In other cases, a foreclosure may actually not be warranted. There are many stories of people who are current with their mortgage or people who paid their home off who find that the bank that once held the note, or still holds the mortgage, is trying to foreclose. Many people have contacted the banks trying to get them to acknowledge their mistake to no avail. In these cases, you’ll need an attorney to represent you and fight for your rights, whether you’re current on your mortgage payments or if you own your home outright.
There are a number of different things you can do if your home is in foreclosure. Whether your home is being foreclosed on because you’re delinquent in your payments, or it’s because of an error from a particular lending institution, the Lamey Law Firm can help you. If you find yourself in any of these situations, contact this law firm, speak to one of their lawyers, explain your situation and they can help you moving forward.
