For most families, their house is their most important investment, and losing it would truly be a disaster. If you have fallen behind on house payments and are now facing a notice of default from your lender, or are already dealing with the foreclosure process, an attorney in Arlington may be able to help you save your home. In many cases, foreclosure isn’t the only option, and an experienced attorney can show you how to avoid it.
There are solutions to the problems you are having with your mortgage that don’t require giving up your home, and they will protect your credit record as well, which can really take a hit in a foreclosure. Attorneys can negogiate directly with lenders in order to request an extension on the term of your loan, reduce your interest rates and forgive past due payments. It’s like having your own trusted partner in the foreclosure process – someone who helps guide you through the complicated foreclosure process and always work with your best interests at heart.
By avoiding foreclosure, you can save your credit record and keep your home by hiring an attorney who works with the lender. Many homeowners wait until it’s too late to seek legal advice because they believe that it’s too late, but the truth is, you should contact an attorney if you’ve been falling behind on payments or have already received a letter from the lender. Foreclosure law is quite complex, which makes working with an attorney the best option when it comes to saving your home. If you have recently faced a divorce, an illness or unemployment, you may be thinking that there is no way to keep your home. Contacting an attorney right away ensures that you have the best chance for saving your most important asset.