All homeowners that are facing foreclosures in California can now take advantage of the expert legal assistance provided by Consumer Action Law Group. The Group has a team of expert foreclosure attorneys who know the brand new laws in California and how to stop foreclosure through use of these laws
There are many homeowners who come across financial difficulties in life and fail to make timely mortgage payments. Credit companies don’t like the payment defaulters and they try to foreclose on properties to ensure their profitability. This is the reason why people face foreclosure and often remain clueless about coming out of the problem. All homeowners that are facing foreclosures in California can now take advantage of the expert legal assistance provided by Consumer Action Law Group. The Group has a team of expert foreclosure attorneys who know the brand new laws in California and how to stop foreclosure through use of these laws.
A foreclosure attorney of the firm uncovers, “A lot of the time, lenders are disobeying California’s Homeowner’s Bill of Rights by foreclosing on a home while the borrower is in loan modification review. The lender must provide the borrower with a written denial before moving forward with a foreclosure. A lot of the time, this legal procedure is never followed.”
Stopping foreclosure is one of the main topics the foreclosure attorneys in the firm educate homeowners about and answer questions on. Foreclosure is a frantic and upsetting time and people tend to want to know exactly what a foreclosure is. We educate people about the consequences of foreclosure and provided them with the precise solution to ideally avoid it. We will assess the financial and legal aspects of a mortgage and plan a strategy for homeowners to come out of the problem. This may include reducing high interest rates and negotiating with the creditor to fix an affordable mortgage payment.”
A foreclosure attorney of the firm points out that “especially in this economy, unfortunately it has become more common for homeowners to struggle making high mortgage payments that have high or fluctuating interest rates, instead of a low fixed rate.” The inability to make mortgage payments or making sporadic payments here and there may make the homeowner vulnerable to the foreclosure process. A borrower could apply to literally give their home back to their lender, otherwise known as a deed in lieu of foreclosure. This is an option for the borrower to avoid foreclosure altogether.
The foreclosure attorneys of Consumer Action Law Group have helped many homeowners avoid home foreclosures in California. They prepare and file a lawsuit and pursue the matter in court for homeowners to receive the best remedy under California law. From negotiating settlements to devising legal strategies, Consumer Action Law Group offers the best services in protecting the interests of homeowners in California. People who want to take advantage of foreclosure defense may visit Consumer Action Law Group website or call (818) 254-8413.
