When you are facing Foreclosure in Fairfield, you may feel like you are completely out of options. No one at the bank has talked to you, or will talk to you. You know you could afford your mortgage if you got a modification, but you can’t seem to get your paperwork approved for the programs. In short, nothing is going right whatsoever, and you’re facing down the prospect of losing your home. Don’t let this happen to you. Get help from Domain and learn about your options.
Foreclosure in Fairfield is not the end of the story for your home. Provided you act quickly, you can get back into the driver’s seat and work to keep the dwelling. Here’s why: just because you are served does not mean the foreclosure is done and finished. It still has to go to court and be adjudicated. That is, a judge will hear the case and make a decision. In the time before the court date, you are able to negotiate with the bank and stop the foreclosure, but you’re better off doing this with an attorney.
The bank is much more likely to respond when you have an attorney representing you. For the bank, this means it needs to get legal representation to respond, or simply negotiate terms. It all depends on how stubborn the bank is, and how much money it wants to throw at the problem. Your lawyer can go to the bank and get your file to see how the entire foreclosure in Fairfield has been handled. If there is any wrongdoing or incorrect paperwork, the lawyer can go to the bank and use it as leverage. Alternatively, if you tried to get into HAMP or HARP and were denied despite being eligible, the lawyer can go through the application and look for errors.
If and when all else fails, there is always the option to file bankruptcy for a Foreclosure in Fairfield. This forces the bank to negotiate with you on your terms. The bank can either renegotiate the mortgage through the bankruptcy, or come to an agreement with you as to the ultimate disposition of the home. In either way, you retain control of the situation.
