WE CAN HELP YOU UNDERSTAND YOUR RIGHTS AND OPTIONS
When threatened with foreclosure, many property owners feel hopeless. Rest assured, you have choices. At Forghany Law P.C., we are knowledgeable foreclosure defense attorneys who have helped hundreds of Massachusetts residents understand their rights, examine their options and save their homes from foreclosure.
If you are concerned about losing your home, do not delay.Contact us right away to schedule a free consultation with one of our Lawrence foreclosure defense attorneys. We represent clients throughout Massachusetts.
NON-JUDICIAL FORECLOSURE PROCESS IN MASSACHUSETTS
In Massachusetts, "non-judicial" foreclosure is the primary method of foreclosure used by lenders. This type of foreclosure does not involve a court action, but instead allows the lender to foreclosure on the property by way of a foreclosure sale. Depending on the circumstances, an uncontested non-judicial foreclosure may take only 75-90 days to complete.
Non-judicial foreclosure is governed by strict notice requirements that must be fulfilled before a lawful foreclosure can take place. For instance, the borrower must be properly notified of the foreclosure sale, notice of the foreclosure sale must be properly published in the newspaper, and the property must be sold at public auction at the date and time that was advertised in the newspaper. If a lender does not comply with these notice requirements, there may be grounds to contest the foreclosure in court.
There are a number of options for delaying or stopping a non-judicial foreclosure proceeding in Massachusetts, including:
- Loan modification
- Short sale
- Deed in lieu of foreclosure
- Filing for bankruptcy
- Getting an extension
- Contesting the foreclosure in court
- Arguing that the borrower is a victim of predatory lending or mortgage fraud
THE LAWYERS OF FORGHANY LAW P.C. ARE FAMILIAR WITH ALL POTENTIAL AVENUES OF FORECLOSURE DEFENSE. WE WILL WORK WITH YOU TO UNDERSTAND YOUR PARTICULAR SITUATION AND YOUR GOALS, SO WE CAN DEVISE THE BEST POSSIBLE PLAN OF ACTION FOR YOU AND YOUR FAMILY.
CONTACT OUR LOWELL HOME LOAN DEBT ATTORNEYS
Contact Forghany Law P.C. to schedule a free consultation. In Massachusetts, we can be reached at
Forghany Law P.C. is a debt relief agency. We help people file for bankruptcy under the Bankruptcy Code.
