Foreclosure Attorney
When a homeowner or other property owner fails to make mortgage payments, the lender has the option to pursue a legal procedure called foreclosure. The lender, usually a bank or mortgage company, will end up with possession of the property, owing to the debtor’s failure to pay up. They will then most likely hold a foreclosure sale to recoup their losses.
In Texas, if you are in default on your mortgage, you can lose your home in as few as 41 days according to the law. This is because Texas is a non-right of redemption state. That is, once the foreclosure has occurred, there is no longer any possibility of reclaiming your property.
The specifics of your mortgage contract will determine when foreclosure begins after you fail to make payments on your mortgage loan. A bank or other lender may take months to actually foreclose on a home, however. Should you wait so long for something terrible happens?
If you miss any mortgage payments, it’s critical to contact a foreclosure attorney immediately to see what options are available to you. In most situations, reacting quickly gives you a better chance of avoiding foreclosure entirely.
On the other hand, if you are already in the legal process of foreclosure, it is still a good idea to hire a foreclosure lawyer at once. They can help you understand and navigate the legal aspects of foreclosure. This will allow you to focus on other areas of your life in this difficult time.
Why You Need A Foreclosure Lawyer from Kelly Legal Group
The Kelly Legal Group provides foreclosure defense services for homeowners throughout Texas as part of our real estate law practice. Our attorneys know how to assist you in defending your rights and keeping your house, having decades of experience in foreclosure laws. Foreclosures do not have to be filed in court, which is why working with our experienced foreclosure lawyers is so crucial. Here are some of the things we can assist you with if you are facing foreclosure:
You May Find the Foreclosure Process To Be Complicated
The defenses to foreclosure are complex. Property owners may believe they have a wrongful foreclosure, but they lack the legal expertise or resources to form a defense.
A foreclosure defense attorney from our firm will understand if the lender has overlooked key foreclosure-lawsuit filing procedures and will prove it to the court. Also, our skilled attorneys are well-versed in real estate law and will be able to inform the court of any mistakes made by the mortgage servicer on your account.
Any defenses must be proved by a thorough understanding of foreclosure law.
We Let You Know What Your Options Are
A foreclosure defense attorney can defend your rights and advise you on the best course of action if you are in mortgage default. Rather than research, interpret, calculate and apply complex rules yourself, our foreclosure defense lawyer will take care of all that for you. They’ll save you time, prevent errors, and increase your chances of saving your house.
Your options may range from avoiding foreclosure through loss mitigation, loan modification, filing for Chapter 13 bankruptcy to having your foreclosure attorney represent you in court.
A knowledgeable foreclosure lawyer in Austin can assist you in evaluating the benefits and drawbacks of each choice and deciding the best in your foreclosure case.
Settlement Negotiations with a Bank or Mortgage Company
You may not always have to defend against foreclosure or lose your house to the lender. In some circumstances, there is a chance for compromise. The foreclosure defense attorney must negotiate aggressively and resolve claims before the homeowner vacates the property.
If you are having trouble with missed payments, your lender may offer you two options: bringing the loan current or paying it off in full. These options are rarely chosen because the property owner usually does not have the money to pay them off. However, sometimes they are able to collect the money they need.
In some cases, you may be able to negotiate a short payoff. This means that you will not have to pay the full amount you owe, but you will still have to pay a lump sum. No matter which settlement option you choose, your lawyer will negotiate for you to get the best possible foreclosure alternative.
Our Skilled Attornies Can Help
Did you receive a foreclosure notice? Are you going through any financial distress while you have a foreclosure process to handle? Then you should reach out to a skilled foreclosure attorney for your legal needs. Our experienced attorneys have vast knowledge in non-judicial and judicial foreclosure. You are assured of a free initial consultation with our law firm, and the finest attorney-client relationship moving forward. Contact us right away is you are worried about foreclosure.
Call for a Free Consultation
Kelly Legal Group’s foreclosure defense attorneys offer free consultations to help you understand your situation. Call (512) 505-0053 to schedule a meeting at our Austin office.
“I cannot speak highly enough of the staff at Kelly Legal Group and Attorney Chris Cummings. Facing a time sensitive legal issue with a difficult party, I was overwhelmed and unsure of how to proceed. From intake on, they took the time to truly understand not just the legal intricacies of my case, but also my personal concerns.
Chris’s expertise and guidance were invaluable throughout the process. He was not only knowledgeable and professional but also genuinely empathetic to my situation. They worked diligently to ensure that my case was resolved in a timely manner, ultimately achieving the desired outcome. I would recommend their services to anyone in need of legal assistance!” ~Brittany S.
“I came to The Kelly Legal Group during a tough time in my life where seemingly everything was falling apart around me and they were understanding and diligent, as well as willing, to help me with my case. They truly only charge for true work they do. These guys work hard too! I worked with Anna and her team and we ended up with a positive result in our case. I wholly trust them with all my being and would certainly recommend them or use them again if need be.” ~Jordana K.
“Fantastic team. They helped me square away deed paperwork. They were very responsive, knowledgeable, and clear in the steps required. Pam, Elsa, and Lyndsey were great to work with! I highly recommend using them for any legal work required. Big thank you to the Kelly Legal Group!” ~Calixto K.
“Kelly Legal Group was great to work with and brought my automobile accident claim to a successful resolution. Mr. Kelly was very easy to work with and kept me well-informed every step of the way. The staff was courteous, professional and maintained great communication.” ~Shane H.
“I hired the Kelly Legal Group for a condo purchase in Austin. Jeff and Greg assisted me throughout the whole process from making offers to closing.
They were particularly helpful when additional clarification was needed regarding parking spot assignments and we were able to get the appropriate documents from the seller and closed on schedule.” ~Alexandre J.
“If you are buying land, especially in west Texas, where you need to dive deep into mineral rights and even wind rights, it’s best to take advice from an attorney. I wasn’t aware that when you buy land, someone else might gave wind rights which means they can build a windmill whenever they want…on your land.
I want to thank Sana at Kelly Legal Group in Austin. She helped look into existing lease, contract, title warranty, and guided me to a successful closure.
Yes the advice costs money per hour, but is worth it for the peace of mind during and after the purchase.” ~Chandra R.
“I wanted to share a very positive experience with Jeff Kelly. I called his firm earlier today and was set up with a same day appointment. I had a lot of questions and uncertainty in my situation and Jeff was definitely able to put my mind at ease. I don’t look forward to the potential legal problems down the road but I do look forward to partnering with Jeff because I know he will have my back and make sure the right thing is done. Thank you Jeff!!” ~Melanie A.