Can I Stop the Foreclosure Process of My Home?
Consult a foreclosure lawyer or assistance program right away if you know you will be unable to make your payments. The bank will have its own staff of attorneys, so do not go into the financial dispute unprepared. Try to find an attorney who has experience with current foreclosure laws. The foreclosure laws are changed often, so your lawyer must be familiar with the latest regulations. Do your own research independently of your lawyer. Hiring an attorney to help you stop the foreclosure process of your home does not mean you can stop learning about your case. You do not want to pay expensive fees every time you have to call and ask the lawyer about your rights. Being aware of the applicable foreclosures laws will also help you from making any mistakes during the foreclosure proceedings. Follow-up with the attorney frequently to get updates on your case. Ask for an updated appraisal of the home’s value at the beginning of the foreclosure process. Many lenders use the initial value of t
