Foreclosure

Foreclosure
Foreclosure processes vary from state-to-state.  It is vital to learn your state's laws if you believe that your home is facing foreclosure.  Foreclosure is the process of taking possession of a mortgaged property as a result of the mortgagor's failure to make full principal and interest payments on his or her mortgage.

5 Tips to Protect Your Home from Foreclosure

1. If you are unable to pay your mortgage, contact your lender.  Your lender wants to help you.

2. Do not fall for any foreclosure rescue scams.  Go to your legitimate housing counselor for help.

3. Do not ignore mail from your lender.  Open and respond to all mail from your lender.

4. Know your options.  There are a wide variety of foreclosure prevention options.

5. Use your assets.  Show your lender that you are willing to make sacrifices.

Here is a video from 'Fight for America' on foreclosure law.



Top Foreclosure Lawyers

1. Greenberg Taurig LLP

http://www.gtlaw.com/

2. Akerman LLP

http://www.akerman.com/

3. Akin Gump Strauss Hauer & Felp LLP

http://www.akingump.com/en/index.html

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