Even though the housing market has come a long way since its crash a few years ago, there are still people who struggle with their mortgage payments. Fortunately, homeowners have various options in order to stop foreclosures in Marietta, Georgia.
Legal Issues Perfectly Suited for an Attorney
A person may want to consider speaking with an attorney like those at website. While there’s a great deal of information that an individual can find on their own about effective ways to halt the foreclosure process, there are times were an attorney can prove to be extremely helpful. In some cases, they may be necessary to make sure that the foreclosure process is halted either temporarily or for good.
Calling the Banks on Unethical Foreclosure Activity
In situations where legal issues are involved, an attorney can be helpful. For example, there are times where banks have not followed the steps delineated in Georgia state law concerning how a foreclosure has to proceed. In situations where a bank has violated or willfully ignored these statutes and steps, an attorney can make a legal argument that can effectively have the foreclosure halted or removed altogether.
Filing for Bankruptcy
Another way to stop foreclosures in Marietta is through bankruptcy. While people can handle the bankruptcy process on their own, this is usually not recommended, and most people heed this advice and end up hiring a bankruptcy attorney. Among the many things that filing for bankruptcy can do, one of the most welcomed aspects is that it requires a lender to halt the foreclosure process.
Time to Renegotiate
This doesn’t necessarily mean that the lender can’t resume the foreclosure process after the bankruptcy has been discharged. However, this does give the homeowner a chance to catch up on missed payments or to negotiate, sometimes through their attorney, a restructured mortgage plan to prevent the foreclosure process from resuming where it was left off.
As you can see, there are a few ways for a person to stop the foreclosure process, regardless of whether it’s in its initial phases or towards the end. The best thing to do is to speak with an attorney to see what your options are when facing foreclosure.
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