If you are looking for an option in getting a loan modification or for avoiding foreclosure, you may be considering hiring an attorney. However, you may have questions about what foreclosure defense lawyers in Glen Ellyn specifically to help. You may know that you need assistance with your mortgage situation but want more insight into how an attorney will help. We’ll provide some information that will explain exactly why hiring an attorney is the best thing you can do.
Filing Notice of Appearance
One of the first things that your attorney will do while representing you files a notice of appearance. This will be sent to the court, as well as the bank you have a mortgage with, so your case is entered into the record and the attorney can officially represent you. The bank will send any communications directly to the lawyer without you acting as a middleman in the process.
Appearing at Settlement Conferences
Many states required mandatory settlement conferences when an owner-occupied property is involved. You and the bank’s representatives, along with your foreclosure defense lawyers in Glen Ellyn, will meet up with court-appointed people to come to a resolution that does not include foreclosure or abandoned property. Your attorney will attend these conferences and provide support through the process. Without representation, you will have to leave work to attend these meetings on your own.
Providing Defense Strategies
Your lawyer may have other defense strategies they would like to implement to prevent foreclosure from happening, within the time in which a loan modification is being pursued. They might be able to argue that the lender has no standing to foreclose based on the mortgage assignment. They also might argue that the plaintiff isn’t the actual party of interest, there are unfair lending practices going on, or there is a failure of the condition precedent.
Assistance in Gaining Modification
If your priority is saving your home, a loan modification is the best option as it is permanent. It’s also free, and there are no closing costs as there might be with refinancing. The only problem is that it can be hard to be approved. However, an attorney with experience will know exactly what to say and provide to get the wanted result.
At Covert & Covert, Llp, we provide aggressive representation in your cast. We focus on foreclosure defense and will work hard to get you results. You can contact us for a free consultation by visiting www.CovertLegal.com.
