Receiving a notice of foreclosure from your lender can be one of the scariest things imaginable. Before you let your worry and anxiety take over, realize that this notice does not mean that someone is going to show up and take your home overnight. In fact, you have time to make the changes that will be required to save your home.
There are many people who opt not to consult with a Downers Grove foreclosure defense attorney. They might instead choose to communicate with the lender directly. There is nothing that stops you from doing this, but it can leave you in a worse position than the person who sought out consultation. There are multiple reasons for that, but one major one is the fact that you might not know the laws or what your options are.
If you are ready to save your home, you should consider consulting an attorney as soon as you can. This person will be an asset who can look over your case, give you guidance, and walk you through whatever steps you decide to take.
Understanding how a Downers Grove foreclosure defense attorney can help is often the first step toward reaching out to one. There are multiple ways this person can be of help to you. We’ll look at each of them below.
The first thing you can expect from a professional foreclosure attorney is shared knowledge about the many different types of foreclosure defense. There are multiple strategies, all of which should be considered. As such, you need an attorney who can explain them in a way that makes them easier to understand.
Next, the attorney can offer you an explanation of what foreclosure mediation is. This term in itself may be foreign to you and you aren’t alone in that. Essentially, foreclosure mediation means that you work with your lender to determine a mutually beneficial deal. The problem with that is you want one thing while the lender will want another. An attorney can help you understand this process and how it works.
Finally, a foreclosure attorney can provide you with answers to your many burning questions. At Covert & Covert LLP, we offer foreclosure defense to people in the area of Downers Grove. If you are in the middle of potential foreclosure, get in touch with us on our website or call our office at 630-717-2783 to schedule a free consultation.