In case you fail to make three consecutive monthly installments on your mortgage, you may be served a notice of foreclosure by your lender. According to a professional philadelphia foreclosure lawyer, there are some effective ways to stop a foreclosure before it goes through. However, you need an attorney to advise you on all of the options that you have, as well as how to go about it. There are a few tips that you should follow when hiring a foreclosure attorney which will be discussed in this article. Following these tips will help to ensure that you get an experienced attorney who understands the law and how the foreclosure process works in your area.
Here are 6 Tips for hiring a foreclosure lawyer;
1. Identify a good foreclosure attorney
You should get references from friends and family on good foreclosure attorneys. Through research online, social media platforms, or from state bar referral services, you can get references. Before you start looking for an attorney, you should review the case to know if you need a bankruptcy lawyer, foreclosure, or a real estate lawyer.
2. Shortlist the attorneys
After identifying a few good lawyers, you should shortlist them since it’s not possible to interview all of them. After you review your scenario, you may decide to either refinance, resell the property, or file for bankruptcy. Knowing the best option for you makes it easier to choose the right attorney. You should also incorporate the experience, reputation, and proximity of the attorney when making a decision.
3. Comparison of various services
After shortlisting the attorneys, you should compare their services based on the area of expertise, experience, success rate, and their commitment to the case. Other considerations to make include cost, range of services, and public relations.
4. Consultation
Based on the above factors, you will choose one of the attorneys to represent you. You should schedule a meeting with the attorney so that you can review their services face to face. You may be required to give the necessary information so that they may represent you. At the meeting, you also get a chance to ask any questions you may have about their services and also clear any doubts that may exist regarding your lawyer
5. Know your rights
Even after you get a foreclosure notice, there are rights to ownership of mortgage property. Your attorney will advise you on your rights during the foreclosure process. In some cases, the lender may also have no rights against your property and this helps you to use other options to ensure that you do not lose your property.
6. Know bad foreclosure attorneys’ warning signs
Watch out for attorneys who claim that they can stop the foreclosure, but opt for one who promises to fight for you, and one who gives you all the possible outcomes of the case. Other warning signs include unusual high charges for their services and having so many clients. Attorneys who have so many clients may not allocate enough time to your case and you may end up losing the case.
Reviewing an attorney’s website and checking on previous clients’ feedback can help you identify a good foreclosure attorney. You may also check the Better Business Bureau for any complaints regarding the prospective attorney.
