Find Legal Topics > Foreclosure Laws > Foreclosure Help

Foreclosure Help

A Quick Guide to Foreclosure Help

Where can I find help if I’m facing Foreclosure?

There are many resources to provide you with advice and foreclosure help.  The process of foreclosure is never easy, and a family or homeowner is often faced with extreme complexities and daunting amounts of stress.  

The reality of foreclosure has become more and more common in the United States since the crash of the housing market around 2008.  Many states and their housing markets have undergone huge losses since 2008, and conditions haven’t gotten much better despite numerous measures taken by the federal government.  States like Florida and Arizona have seen huge decreases in value of prime estate, and other states are falling closely behind.  

Despite the upward trend of foreclosure, you still have multiple resources to help you fight off foreclosure or simply help you through the process.  The following sections provide resources you should consider checking into for foreclosure help.  

Real Estate Lawyers

It’s essential to hire a real estate lawyer in order to help you fight off foreclosure or simply provide foreclosure help.  Lawyers know specific state laws, and they have the ability to negotiate terms with a lender or mortgagee within mediation.  A real estate lawyer will often help you decide if foreclosure is even the best option for you at this point, and they may even suggest options such as Chapter 13 bankruptcy or a deed in lieu of foreclosure.  

Whatever the case, the lawyer will try their best to reach the best settlement within pre-mediation and mediation, and they may even be able to prove the lender forced you into taking consideration for foreclosure.  There are multiple resources to help you find a real estate lawyer in your area.  

Firstly, you should consider asking people you know.  Try asking family, friends, and even neighbors.  Your community will often know you are facing the possibility of foreclosure, and some community members will try their best to help.  Some can act as witnesses in establishing valid reasons you couldn’t keep paying your mortgage, and others can simply refer you to a lawyer that helped them in a similar situation.  

Secondly, you should also consider researching your state’s lawyer associations and local area’s lawyer associations.  Lawyers are required to register under the state bar, and many lawyers choose to join other associations as well.  The state bar will help you find real estate lawyers specifically, and the association will also provide you with contact information for that attorney.  Once you’ve contacted a real estate attorney for foreclosure help, they will give you a free consultation in order to establish whether you can save your property or whether you should go ahead with the foreclosure process.  

The U.S. Department of Housing and Urban Development (HUD)

This federal organization provides an enormous amount of information for foreclosure help.  You may choose to simply research the internet for credible websites, but the HUD provides detailed information surrounding federal laws and foreclosure. 

Your State’s Official Judiciary Website

It’s also a good idea to reference your state’s official government website in order to fine specific statutes for foreclosure help.  Your attorney can elaborate on these laws, but it’s always a good idea to at least have some understanding of state law before having a consultation with your attorney.  

Related Topics