The difficult economy and job loss are factors that have a huge impact on the housing market, especially in many cities in California. Many unfavorable circumstances have put homeowners in a very tight financial situation. When financial constraints are too much, mortgage payments are often sacrificed to cover more pressing needs. Defaults in mortgage payments will prompt the lender to send out a notice of default to the borrower. If no prompt is taken to stop the lender, this will further … [Read more...] about Real Estate Lawyer Los Angeles
Stop Foreclosure Blog
Consumer Action Law Group Offers Stop Foreclosure Legal Assistance for Consumers Who Are Facing Foreclosure
California, September 3rd, 2014 – Many homeowners are helpless to face the foreclosure process because of the recent economic downturn that significantly reduced their earnings. Because of challenges to keep up with their debts, homeowners are now facing the threat of their homes being sold at auction by lenders. The Los Angeles foreclosure attorneys at Consumer Action Law Group provide hope for homeowners who are facing foreclosure. Consumer Action Law Group is offering its stop foreclosure … [Read more...] about Consumer Action Law Group Offers Stop Foreclosure Legal Assistance for Consumers Who Are Facing Foreclosure
California Foreclosure Attorneys Stop Foreclosure Sales and Provide Foreclosure Defense for California Residents
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 … [Read more...] about California Foreclosure Attorneys Stop Foreclosure Sales and Provide Foreclosure Defense for California Residents
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?
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