Mortgage Defense Options: Do You Know Yours?

Mortgage Defense Options: Do You Know Yours?

Many homeowners that are faced with the possibility of foreclosure are unaware of the rights that are in place to protect them and the options that are available to fight the foreclosure proceedings. Residents that inform themselves of the pertinent Naperville foreclosure defense options are sometimes able to remain in their homes.

Best Next Steps After You Have Received a Notice of Foreclosure

If you are facing foreclosure, then you may be in need of a Naperville foreclosure defense attorney to help you mount your case. Immediately upon being served with your notice, you should contact an attorney that specializes in foreclosure defense. Many lenders use unfair or illegal lending practices that can aid in your defense. Additionally, if your lender did not follow the required procedures relating to providing your notice of foreclosure, that can also work in your favor.

The buying and selling of mortgages, many times over, is a constant in today’s financial environment. Due to this reality, many lending institutions may think that they hold your mortgage, when in reality they do not.

Why Legal Help is Essential

Your Naperville foreclosure defense attorney will be able to review your case and find any wrongdoing on the part of your lender that may prevent or forestall the foreclosure proceedings. The laws and regulations relating to foreclosure can be at times confusing and difficult to navigate on your own. With the proper legal guidance, the foreclosure experience can become less daunting and easier to manage, and in some situations, you may be able to stay in your home.

Mortgage lenders do not always act in good faith and due to this, legal representation is vital. Aggressive representation can ensure that your rights are recognized by the court and that your lender is acting appropriately.

The Fitzgerald Law Firm, PC is a full-service law firm headquartered in Naperville. They specialize in Divorce and Family Law, Civil Litigation, Business Law, Estate Planning, and Real Estate law.

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