What is your foreclosure state laws?

written by: George Haughton
What is the foreclosure Laws in your state? If you are fighting foreclosure then it is a must to know what they are. Over the past 12 months the news is that about 90 percent of those who faced bank foreclosure showed up at their court date without understanding what the process were. The other sad reality is that these home owners had no legal representation. Therefore, they often times lose their home because of not being prepared. Such foreclosure homes could have been saved if approached with an attorney at your side.

Therefore, not only should you have a legal representation but you should have a sense of the process. The organization Pre-Paid Legal Services will help homeowners present and answer court fillings. This is no time to face foreclosure alone or ignore help that is available to you in the market place.

Each state handle foreclosure real estate different and so their foreclosure laws some time have some loop holes that each lender could take advantage of. For example how must a lender serve court papers, can they just advertise it in your local papers or must they personally served you physically? What if your child answers the door and got the initial court document? What about your redemption period, what is a notice of motion, can your mortgage be reinstated and who can help you with this?

Most attorneys can help you to navigate through the loan modification process. They can also negotiate mortgage rates by means of the loan modification. Just like the credit counselors the attorneys can help you secure a better position with your credit card company reducing such credit card debt.

So in this blog here are the main points:

1. Know your state foreclosure law.
2. Get legal representation
3. Use company like prepaid legal ($16 per month)
4. Consider using Attorneys to reduce credit card debt.

Stop foreclosure by considering some of these prevention techniques. A final point here, you don’t have to file bankruptcy or refinance to prevent bank foreclosure. Therefore, your attorney can help with your credit card debt and your home mortgage at the same time. Keep your home but get better loan payments today by fighting foreclosure.ffff