Who is the Top Foreclosure Lawyer in New Haven, CT?
When you are facing a home foreclosure, and you would like to find out whether or not you can prevent it from happening, you might consider hiring a lawyer and this will likely lead you to ask yourself a question like “Who is the top foreclosure lawyer in New Haven, CT?” Naturally, you would want a great lawyer to represent your case.
Who is the Top Foreclosure Lawyer in New Haven, CT?
You may be doing everything possible to save your home from foreclosure. You might be cutting costs in every area, but in the meantime, the penalties and interest continue to accrue. Like trying to bail water from entering a leaky boat, your actions are likely not enough.
Luckily, there are options available. As a top foreclosure lawyer in New Haven, CT, Eric Lindh Foster Law, LLC has extensive experience and legal knowledge to help you with this dire situation. Count on Eric Lindh Foster Law, LLC, to provide you with effective counsel that may be able to stop foreclosure.
Defending Your Home from Lenders
As soon as you get behind on your mortgage, the lender will quickly become your very own adversary. The company who helped you to get your home will not be ready to help you keep your home. Rather, they will try to take it from you in a process known as foreclosure. Most people don’t pay their mortgage because they don’t want to. Typically, a hardship has set them back and kept them from being able to pay.
Fortunately, there are a number of practical solutions that can take care of mortgage debt problems. One of them might be right for you. To find out which is the best solution, you’ll need to think about who is the top foreclosure lawyer in New Haven, Connecticut; after which, you can call one for a consultation.
How to Stop a Foreclosure
There are several ways to stop a foreclosure, including:
- Modify your mortgage loan, including changing your loan repayments or the payment amount
- File for Chapter 13 bankruptcy which could discharge credit card debt and other types of debt
- Consider a lease buyback in which a nonprofit company buys your home and leases it back to you (this can be risky and should only be considered with the assistance of a lawyer)
Common Mistakes to Avoid During Foreclosure
Foreclosure is a scary and overwhelming process for any homeowner. You have to give up the home you love and might not be sure where you will live. Here are some common mistakes you should avoid during the process:
Ignoring the Lender: If you’ve missed several mortgage payments, expect your lender to contact you. While having these conversations with your lender might be uncomfortable at first, you shouldn’t ignore their calls. Your lender doesn’t want you to go into foreclosure because they will incur extra costs. If you speak to your lender, they may talk to you about other options to avoid foreclosure.
Damaging Your Home: If you’ve discovered that you’re facing foreclosure, you may feel angry and upset. However, that doesn’t mean you should do anything rash, like break your windows or tear down your walls. If you purposely damage your home, the lender could file a report of vandalism against you. This means you may have to pay more money after your foreclosure. If you’re having trouble coming to terms with your emotions regarding the foreclosure, consider speaking to a therapist.
Waiting Until the Last Minute to Get Help: Lenders can’t stop the foreclosure process until payments are 120 days delinquent. However, that doesn’t indicate you should wait until the last minute to take action. The sooner you act, the more options you will have available to you.
Fighting for a Home You Can’t Afford: If you’ve lived in your home for a while and feel attached to it, you may want to fight for it until the end. However, if you’ve missed several mortgage payments and lost your job, it might not be practical to continue fighting. You will just cost yourself more money and headaches in the long run.
Falling for Foreclosure Scams: Once you receive a foreclosure notice, you may likely start receiving calls from foreclosure prevention services that claim they can save your home. While it may be tempting to work with them, don’t fall for the scam. They’re not there to help you and will only charge you a hefty fee for their services.
Not Getting Legal Help: Many people who are facing foreclosure already have financial difficulties and may consider legal assistance an unnecessary expense. However, an experienced foreclosure lawyer will make you aware of all your legal options and may even be able to help stop the foreclosure. That’s why you should at least have a consultation with one. If you’re wondering who is the top foreclosure lawyer in New Haven, CT, ask your family and friends or look at reviews online.
When you’re facing a foreclosure, your next step is to hire a lawyer. However, you might ask yourself, who is the top foreclosure lawyer in New Haven, CT? There are many lawyers out there, so selecting the right one may seem tricky. Here are some tips to help you hire the right lawyer.
Specialized Experience
There are many lawyers out in the world and not all of them specialize in the same branch of law. If the bank is threatening to foreclose your home, you’ll want to hire a lawyer who specializes in saving homes. A significant portion of your lawyer’s practice should be foreclosures. A lawyer with foreclosure experience has handled many cases similar to yours in the past and will know the ins and outs of the law.
Success Rate
When you’re talking to a foreclosure lawyer, you should find out about his or her success rate. After all, you want the highest chance of keeping your home as possible. A reputable lawyer should be more than willing to share the statistics with you.
Assertive
Fighting foreclosure isn’t an easy task. That’s why it’s essential to have a foreclosure lawyer who is assertive. He or she should know how to firmly argue your case and fight for your rights. Your lawyer shouldn’t back down when things start to get tough.
Communicative
When you’re dealing with something as serious as a foreclosure, you want a lawyer who maintains constant communication with you. He or she should contact you at least once a week with updates. Your lawyer should inform you about issues that may arise and how they will be handled. If your lawyer takes days to return your messages, you may want to hire another lawyer who has more time for you.
Passionate
It’s a good idea to hire a foreclosure lawyer who is truly passionate about what he or she does. If your lawyer loves his or her work, he or she may be more willing to go the extra mile for you. If a lawyer just seems to be going through the motions and doesn’t seem interested in your case, seek new representation.
Honest
Honesty is another important quality to look for in a foreclosure lawyer. He or she should tell you the truth about everything and not try to sugarcoat it. For example, your lawyer shouldn’t just guarantee you a successful outcome in your case.
When you have questions about foreclosure, our top foreclosure lawyer in Connecticut is here to answer your questions. We understand how emotionally difficult this time can be and when you are concerned that you may lose the home you love, you want to know as much as you can about the process and see what you can do to save your home.
What does a “strict foreclosure” mean?
When you live in the state of Connecticut, you are living in only one of two states that has a rule called strict foreclosure. Within the strict foreclosure process, there are Law Days. On these Law Days, the person who is responsible for the property must pay the entire remaining balance of what they owe the lender for their debt. If you are unable to do this, then the property title will be transferred directly to the lender of the property. If you can pay off this debt, then you will be able to save your home before losing it.
Can mediation help with the foreclosure process?
Many people do not realize how helpful mediation can be, but your top foreclosure lawyer may recommend going through with this. If you meet with a mediator, there are a few things you can expect.
- The mediator (and your lawyer) will likely recommend that you do not move out of your home if you are intending to fight for it.
- You should always expect to be timely with your paperwork and follow the mediator’s instructions. This will be in your best interest. If you do not show that you are willing to put in the work, you can expect the foreclosure to go through.
- The mediator will not be able to make the lender stop the foreclosure (and it is not their job). They can encourage the lender to make compromises that help both parties, however.
- The lender may choose to not do what the mediator is asking them to do. If they are being difficult to work with, speak with your lawyer to find out what other options there are.
What happens if I choose not to move out?
It is not as simple as choosing to stay in the house after the foreclosure has gone through. You can expect the new owner of the house to evict you or eject you and bring a marshal to ensure you have left the house. While you have many options during the foreclosure process, we do not recommend staying in the house after the foreclosure is final.
How Can the Top New Haven, CT Foreclosure Lawyer Help You
A top foreclosure lawyer, such as one from Eric Lindh Foster Law, LLC, knows what lenders are required to comply with from the start of the loan and how it should be serviced. Attorney Foster has extensive experience and knows how to defend a mortgage, even in complex situations such as divorce. We offer effective defense tactics that get results. Let us guide you through your options, and ensure the lender is strictly following all of the guidelines when trying to foreclose on your home. Let us help you to find a resolution or fight the foreclosure with the right legal guidance.
When you want to know who is the top foreclosure lawyer in New Haven, CT, look no further than Eric Lindh Foster Law, LLC. Call us now for a consultation.