Upon missing a number of payments, banks and lenders issue a Notice of Default against your property. This document serves as a notice to the homeowner that mortgage payments have either been incomplete or unavailable for at least three months. Banks may then issue a Notice of Trustee Sale which gives notice that your property may be put up for sale by the bank. Our team of foreclosure lawyers in Los Angeles, California helps homeowners in the pre-foreclosure process. You will be able to … [Read more...] about Notice of Default – Learn How to Stop NOD
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Stop Foreclosure Attorneys in Los Angeles, California
If you are looking for a foreclosure attorney in Los Angeles to help you stop the foreclosure process, you should consider hiring Consumer Action Law Group. We are the premier California law firm that is dedicated to stopping foreclosure. We have a team of foreclosure attorneys that handle all types of foreclosure cases. We have the experience to quickly evaluate your case and offer free legal advice to assess your case and determine the best way to help you in your situation. It is always a … [Read more...] about Stop Foreclosure Attorneys in Los Angeles, California
What Is a Foreclosure Auction
If you are asking: "What is a foreclosure auction?" you should know that help is a phone call away, and it is always a good idea to talk to one of our foreclosure attorneys if you are in distress. A foreclosure auction is the final step in the foreclosure process when a property is sold to the highest bidder on the steps of the local courthouse. In California, a bank foreclosure starts with a letter of default and it ends on the day and time of the auction. A foreclosed home is usually sold … [Read more...] about What Is a Foreclosure Auction
What Is Foreclosure by Power of Sale?
Foreclosure by Power of Sale is another name for a non-judicial foreclosure. The majority of foreclosures in California are non-judicial foreclosures by the power of sale. In simple terms, non-judicial foreclosure is the process that most lenders choose to collect on a loan in default. As opposed to judicial foreclosure, which requires going through the courts, lenders can foreclose and sell a home at auction by following the provisions of California laws without going through the courts. In … [Read more...] about What Is Foreclosure by Power of Sale?
Judicial Sale and Judicial Foreclosure
In the state of California, a foreclosure sale may be conducted either through the courts (judicial sale) or outside of the courts (non-judicial). If you have fallen behind on your mortgage payments, you may have received a notice of default (NOD) which is the first step in the foreclosure process. Most of the foreclosures in California are conducted outside of the courts. A foreclosure sale is the final step in the foreclosure process. A Judicial Sale is the result of a Judicial … [Read more...] about Judicial Sale and Judicial Foreclosure
Help to Stop Foreclosure
If you have received a Notice of Trustee Sale or Notice of Default, then you are officially in the foreclosure process. What that means is you must either come up with the funds to pay the arrears and catch up to avoid foreclosure, or the lender will take action to sell your house in a public auction. If you have fallen behind on mortgage payments it is really a good idea to talk to one of the foreclosure lawyers at our Los Angeles law firm to get advice regarding options to save the home … [Read more...] about Help to Stop Foreclosure