San Mateo Foreclosure Defense Attorney
One of the most frightening aspects of getting behind in bills and being swallowed up by unending streams of debt is the possibility of losing your home.
Even if the bank has started foreclosure proceedings, you can stop the process by filing for bankruptcy. But you should act quickly. You have a little more than 110 days from the beginning of the foreclosure process until your home will be sold at auction. The two main steps to keep in mind are:
- Notice of default process: The notice of default is recorded at the county recorder's office in the county where the property is located and gives official notice that the loan is in default. The borrower has 90 days from when the notice is recorded to make the loan current by paying all late charges and overdue mortgage payments.
- Notice of trustee sale: If the loan is not made current within 90 days of the notice of default, a notice of trustee sale will be published. This is a 20-day notice that your house is about to be sold at foreclosure sale.
The foreclosure process can be intimidating and frightening. The important thing to remember is that you should get your lawyer involved in the process as soon as possible. As soon as you start missing mortgage payments and it becomes obvious that you will need to explore filing for bankruptcy, contact my office.
Contact Me As Soon As You Know There's a Problem
To learn more about how you can stop foreclosure in California, contact my San Mateo office either online or by calling 866-899-8561. I offer a free 45-minute consultation. Contact me to schedule an appointment.