Foreclosure Attorneys Can Help Stop Foreclosure
Did you know that by law, your mortgage company can foreclose with only 20 days notice? If you are behind on your mortgage payments, your home is at risk of foreclosure.
Where will you and your family live?
Keeling Law Firm’s attorneys can stop foreclosure immediately, so you can catch up on your payments.
If the mortgage company has stopped taking payments, the foreclosure process has already begun. Don’t wait and lose your home. For a free consultation and evaluation, call Keeling Law Firm at 713-686-2222, or fill out the form to the right.
What is Foreclosure?
Foreclosure involves a lawsuit in which a mortgage company, bank, or other lienholder seeks to take your property to satisfy a debt. The lender can actually take ownership of the property or have the property sold to pay off the debt. As a result of the foreclosure, as the owner, you lose whatever rights you had in the property. In other words, foreclosure is a process in which your home becomes the property of the lender.
If you as a homeowner fail to pay your mortgage loan on time, the lender that holds the mortgage on your house can bring a foreclosure against you. A foreclosure can also occur if you borrow money from a bank using your house as collateral and fail to pay.
In a foreclosure, you and your lender are both in a challenging situation and need a positive outcome: you want to keep your home, and your lender wants to keep receiving payments. Foreclosure proceedings usually start with a formal demand for payment, usually in the form of a letter from your lender. This letter is referred to as a Notice of Default (NOD).
Your Questions about Foreclosure
If you’ve received a NOD letter, don’t wait. Call us today at 713-686-2222 for your free consultation. We will meet with you at no cost to answer your questions and help you determine the correct approach to solving your debt problems. For a free consultation and evaluation of your situation, call us today at 713-686-2222, or fill out the form to the right.
What are my rights?
Attorney Ken Keeling is Board Certified in Consumer Bankruptcy Law by the Texas Board of Legal Specialization.