Foreclosure Prevention
Foreclosure Prevention in California
Foreclosure is the legal process that allows a lender to sell a borrower’s property when the borrower defaults on their loan obligations. In California, the most common type is non-judicial foreclosure, which occurs outside of court. This differs from a judicial foreclosure, which is overseen by the courts.
If you are facing non-judicial foreclosure, it is critical to seek legal counsel. An experienced foreclosure attorney can help bring your matter under court review and significantly influence negotiations with your lender. When legal counsel is involved, lenders often assign the file to specialized departments that are more likely to consider postponements, loan modifications, or even cancellation of a scheduled foreclosure sale.
In addition, an attorney has the ability to initiate litigation against the foreclosing lender and request a temporary restraining order or injunction from the court. This legal action can stop the foreclosure sale while the underlying dispute is addressed.
If you are at risk of losing your property, early involvement of an attorney can provide critical protections and open the door to solutions that may not otherwise be available.
What Sets Our Firm Apart in Foreclosure Defense
What distinguishes our office is not only our knowledge of real estate law but also our deep understanding of real estate and mortgage finance. This combination allows us to fine-tune workout applications to your lender and develop creative, alternative solutions designed to protect your interests.
In commercial foreclosure matters, loan modifications are often more feasible. If refinancing or liquidation becomes necessary, strategies such as re-entitling the property or restructuring tenancy can help add value, and we can guide you through those options.
In residential foreclosures, loan modifications are more challenging but still achievable. Additionally, negotiating settlements with junior lenders and other lienholders can unlock equity and create opportunities for refinancing through conventional or private lenders.
No matter the type of foreclosure, we offer a comprehensive set of services aimed at putting you in a stronger position. When you call our office, you will not be routed through a sales team or intake center. Instead, you’ll speak directly with a professional who can begin exploring solutions with you right away as part of our consultation.
Our priority is to educate and assist clients, whether or not we ultimately work together. If you are facing foreclosure, we encourage you to reach out. Fill out the form on this page or call us today. Together, we can help buy you time, protect your rights, and reduce the uncertainty you may be experiencing.