About Foreclosure
Foreclosure Defense Attorney in Riverside
When you purchase a home in California, the property title remains in a trust until the entirety of the loan has been paid. This title, or deed, typically contains a provision that allows a trustee to sell the property in an auction if the loan goes into default. As a result, most foreclosures in our state are "non-judicial," meaning that the court does not become involved. The trustee acts on behalf of the lender, saving the lender from having to go through the court. If a foreclosure has been completed through non-judicial means, a second action on the part of the lender to recover a deficiency judgment is not allowed. In a judicial foreclosure, the lender may attempt to recover a deficiency judgment, but this is usually a lengthy process. For that reason, it is rarely done.
The Law Office of J. Arthur Roberts has been protecting individuals from home foreclosure in Riverside for two decades. If you are facing the loss of your home, a Riverside foreclosure defense attorney at our firm can discuss potential options with you, such as a
short sale,
deed in lieu, loan modification, or filing for bankruptcy. We can also assist you in your case by:
- Thoroughly reviewing your loan documents to establish your responsibilities as a borrower
- Determining whether or not your lender violated state or federal law in designing the loan or offering the loan to you
- Entering into litigation on your behalf if unfair or deceptive loan practices become evident
How a Foreclosure Defense Lawyer Can Help
Many lenders are not immediately willing to negotiate with borrowers who are in danger of foreclosure. Even when they are, the negotiations often end up being in their favor, rather than the borrowers'. An attorney, experienced in negotiating with mortgage lenders, may be able to secure a favorable resolution to your case that involves the halting of foreclosure proceedings and the protection of your finances and credit history.
Contact a Riverside foreclosure defense lawyer who may be able to successfully stop foreclosure proceedings against your home. |