Stop Home Foreclosure Lawyer Memphis, TN
Why You Should Contact a Foreclosure Defense Lawyer
If you are in the middle of foreclosure or being threatened with one, it may be in your best interest to enlist the help of a reputable stop foreclosure lawyer in Memphis, Tennessee. The sooner you do this the sooner they may be able to start protecting your rights and provide you with options that may be better than the ones you are currently facing. If a lender is attempting to recover the balance of a loan that you have stopped making payments on, there is hope that a stop foreclosure lawyer can help to keep your home or other beloved asset that is at stake.
A Memphis, TN stop foreclosure lawyer that is experienced with successfully defending people from foreclosures may be able to help you. The dedicated team at Darrell Castle & Associates is available to discuss your situation. If you decide that you would like our help, we can also schedule an initial consultation for you to find out more about the process of fighting a foreclosure.
Possible Options
Although your situation may feel hopeless, a stop foreclosure lawyer’s view of this may be hopeful rather than hopeless. An experienced stop foreclosure lawyer’s judgment and guidance may help you to save time, avoid common pitfalls, and ultimately save your home or other treasured asset from being taken away from you. Possible options a stop foreclosure lawyer may recommend and be able to help you with include but are not limited to:
– File for Chapter 13 bankruptcy
– Modify your loan
– Avoid foreclosure through loss mitigation
– Fight the foreclosure in court
It is important for someone who is dealing with the threat of foreclosure to know what their options are. A reputable stop foreclosure lawyer in Memphis, TN should be able to identify and explain the pros and cons of each option you may have.
It is important that you understand the pros and cons of all your options before you decide how to proceed. To understand how the foreclosure laws in your state affect your options, talk to a stop foreclosure lawyer who is licensed to practice in the state where your home or other asset is being threatened.
Settlement Conference
Some states require a settlement conference. This is an opportunity for the lending agency and the debtor to settle on an alternative resolution to foreclosure. A stop foreclosure lawyer can attend this in your place and contend with the oftentimes difficult, opposing counsel.
Loan Modification
While it can be difficult for a homeowner to get a bank or other lending institution to do on their own, a Memphis, TN stop foreclosure lawyer may be able to present your financial information in a way that the bank will allow for a loan modification.
Chapter 13 Bankruptcy
Chapter 13 bankruptcy is usually an option to turn to if all other options have been attempted and have failed. Chapter 13 bankruptcy gives an owner in default of their loan, three to five years to get up to date on their payments while staying in their home.
For help in determining and deciding which options are better for you than foreclosure, contact a reliable stop foreclosure lawyer Memphis, TN clients recommend from Darrell Castle & Associates.
Client Review
“It was a wonderful experience Jordan treated like he knew me personally even the front desk clerk was absolutely phenomenal I will give them A+++”
Nikki Thompson