Homes are more than just investments. Being served with a foreclosure notice can be a devastating hit, but it is a sign to take action and protect your home. The good thing is that foreclosure is a process and your property cannot be immediately seized, which guarantees time to respond smartly. Let’s look at the ways you can go about a foreclosure lawsuit response.

Understanding the Foreclosure Process

Foreclosure lawsuits happen when you have fallen behind on mortgage payments and the lender has filed to repossess your home and sell it in auction. Even before the filing of a lawsuit, the lender must go through other legal processes like sending notices. Typically, your home is only going to go up for auction after 20 days.

Research On Your End

The key is to respond promptly. Once you receive the foreclosure lawsuit paperwork, it is crucial to go through them thoroughly and simultaneously gather any and all mortgage documents, loan payment receipts, modification receipts, etc.

Submit an Official Response

Next, you must fill out an ANSWER within 14 days of notice, which is your legal response contesting the lender. In your answer, you can state any defenses. Common defenses you can spot against a foreclosure notice are:

  • Lack of proper legal process,such as Notice of Default or Intent to Accelerate
  • Discrepancies by the lender,such as incorrect mortgage amount or denied payment
  • A loan modification request that was under review
  • You were misled or co-signed the loan under duress
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Consulting with a knowledgeable foreclosure lawyer in Ingleside can protect your house

Consult an Expert

Your chances of saving your home are better if you consult a foreclosure defense lawyer to come up with the best course of action in short notice. An attorney specializing in foreclosure can help you negotiate with the lender for alternatives like loan modification, forbearance, reinstatement or, as a last resort, help you navigate Chapter 13 bankruptcy.

Contact The Law Office of Joel Gonzalez

If you’re facing a foreclosure lawsuit in Ingleside, all might not be as hopeless as it seems. As an experienced lawyer specializing in foreclosure, I can help you discover options still available to protect the sanctuary of your home. Contact the Law Office of Joel Gonzalez today.