Foreclosure can be a frightening reality, and many people aren’t aware that legal assistance is needed. According to the legal team at C. Roland Krueger Attorney and Counselor at Law in Lexington, NC, it’s important to understand the foreclosure process, as knowing when to hire a foreclosure lawyer can have a significant impact on your case. While the thought of losing your home may be scary, there are many legal options available to help you find an alternative.

3 Signs It’s Time to Hire a Foreclosure Lawyer

1. You’re Facing Foreclosure & Want to Keep Your Home

If your mortgage lender has placed foreclosure on the table, but you feel you have a strong defense, a foreclosure lawyer can help. While instances are narrow, if foreclosure warning protocol wasn’t properly followed, you could build a defense case in court against the lender. This type of asset protection requires legal strategy, and a foreclosure lawyer can help build a compelling defense, so you keep your home.

2. Loans to Stop Foreclosures Aren’t Coming Through

Loans may help stop a foreclosure from happening if you’re able to secure the money. However, banks and lenders may sometimes side-track loan applications or intentionally slow the process, so you don’t receive your loan in time. If you suspect this is the case, a foreclosure lawyer can help. While they can’t pause the foreclosure, they can engage with banks in court to secure your loans and regain ownership if the conditions merit it.

3. Seeking Alternatives to Foreclosure

While foreclosure can feel inevitable, there may be loan- or collateral-based alternatives to supplement the lender’s needs. A foreclosure lawyer can negotiate between you and the bank to seek a supplement to foreclosure, so you get to keep your home. The foreclosure lawyer shouldn’t be viewed as a financial advisor, but rather someone who can help broker the deal by protecting your rights.

If you’re facing foreclosure, contact a foreclosure lawyer at C. Roland Krueger Attorney and Counselor at Law. The legal team is dedicated to working closely with clients and strives to achieve the best possible outcome. Call (336) 248-8464 to schedule a consultation, and visit the website to learn more about bankruptcy and debt relief services.