Every year, hundreds of thousands of homes are foreclosed upon, and a large number of American homeowners end up losing their homes because of foreclosure. When you can’t pay your mortgage, banks have a right to foreclose upon you, and without a top foreclosure defense attorney assisting you, they will most likely be successful.
Banks have attorneys of their own, and they’re extremely well-versed in matters like foreclosure. If you hope to stay in your home after a foreclosure in Montgomery County, PA, you need the best foreclosure defense lawyer on your side.
Through the foreclosure defense process, you may be able to retain possession of your home. There are many reasons why a judge might rule in favor of the homeowner in a foreclosure case, and the mortgage foreclosure defense team at Nahrgang & Associates in Montgomery County, PA knows all of them. In many cases, they involve a mistake or abusive practice on the part of the foreclosing bank:
- The bank didn’t follow foreclosure procedures according to your state law
- The bank can’t prove that it owns your loan
- Your payments were credited to the wrong party
- The bank is pursuing foreclosure while a loan modification is pending
- You were made to pay excessive fees or fees not authorized in the mortgage contract
- The bank overstated the amount you would have to pay to reinstate your mortgage
Foreclosure defense involves the exploitation of legal flaws like these commonly seen in the mortgage industry and can result in a modification of the terms of the mortgage. You may also be able to avoid foreclosure if you’re an active duty servicemember, if the statute of limitations has passed, or if you’re already making payments on a loan modification plan and the foreclosure never should have been initiated in the first place.
Whether your bank didn’t follow proper procedures or some other special circumstance makes initiating foreclosure illegal, a foreclosure defense lawyer can help you initiate a mortgage foreclosure defense and give you the best chance of being successful. Get help from the lawyers at Nahrgang & Associates in Collegeville; we’ve already helped residents of Montgomery County, PA stay in their homes and we can help you too.
When you hire a foreclosure defense attorney from our firm, we won’t talk down to you or try to convince you to take a particular course of action. What we will do is help you get educated about the foreclosure process and give you all the information you need to make the right decision for your situation.