Foreclosure attorney offers free advice to homeowners

Been served with a Foreclosure Suit? Foreclosure attorney Clint Chase give advice regarding what should someone should do if they have been served with Foreclosure papers.

Houston, United States – August 22, 2017 /PressCable/ —

Been served with a Foreclosure Suit? It is imperative that a quick action is taken. Most states give a specific amount of time to file a written response with the court. If there is a failure to file a response a default can be entered against on the properly, which will make it a lot easier and quicker for the lender to sell the home at the court house steps.

The best course of action is to take the papers to a lawyer who can review them and advise accordingly to what the next step should be. There may be defenses that can be raised or procedural defects in the way the lawsuit was filed. If these are issues are not raised in the initial written response to the court, the courts will probably waive the right to address them later. An experienced lawyer can file the necessary responses and monitor the case to make sure the lender is handling it as the law requires. If a response is filed by a lawyer, the foreclosure case will often times take much longer to end which gives all parties the ability to make informed decisions and time to:

Pursue all loss mitigation and alternatives to foreclosure. Negotiate a payment workout or mortgage modification from the lender. Sell the property. Save up money to reinstate the mortgage. Refinance the mortgage. Qualify for bankruptcy. Complete a short sale. Do a deed-in-lieu of foreclosure.

Each of these options has legal, financial and other ramifications in the future and it is imperative that all options are explored. It may be in best interest of all parties involved to consult an attorney before entering any agreement with a lender, especially since most homeowners are not used to negotiating deals or reviewing or drafting real estate agreements.

For more information about foreclosures feel free to contact the Law Firm of Clint W. Chase for a free consultation to get educated and see what solution best fits the situation.

Contact Info:
Name: Clint Chase
Organization: The Law Office of Clint Chase
Address: 13501 Katy Freeway, Houston, Texas 77079, United States
Phone: +1-281-536-7055

For more information, please visit http://www.stop-foreclosure-hq.com/

Source: PressCable

Release ID: 230452