Foreclosure Lawyer Oklahoma City, OK
One of the biggest heartbreaks that any of my clients face is losing their home to foreclosure. Faced with losing the family home, many marriages end, and families break apart. It can be surprising that one relatively minor event like an illness, injury, or layoff from work can completely disrupt a person’s life. Our foreclosure lawyer in Oklahoma City, OK will tell you that this can result in a person missing a mortgage payment of two and then facing a foreclosure lawsuit.
To make matters worse, mortgage companies are often unhelpful and can even be downright uncaring to your situation. They rarely care about the circumstances that led you to get behind and instead only want you to pay thousands that you don’t have. And even when the mortgage companies offer programs like modifications, they can make the process so complicated and burdensome that people rightly give up. Well, don’t give up! Contact a foreclosure lawyer Oklahoma City, OK residents trust from Marty Martin Law.
When you call us, we will get you in quickly for a free consultation to discuss your options. Many people don’t realize that even if you have missed many months of mortgage payments – you can still save your home. How? A foreclosure lawyer in Oklahoma City, OK, like our firm can provide you up to 60 months under A Ch. 13 Bankruptcy in which to pay the missed back mortgage payments that have been missed – often interest-free.
For example, let’s say that your mortgage is $1,000.00 per month. Let’s say that you were laid off from your job for three months and just started a new career and will be four months behind before your new income kicks in, which would enable you to resume payments. Our Oklahoma City, Ok foreclosure lawyers shares that most likely, when resuming payments with the mortgage company, they will tell you that they can no longer accept any single monthly payments and demand the full 4 months’ of payments along with late fees, penalties, and perhaps attorney fees. That would be nearly impossible for most folks. Under Ch. 13, you can divide up the total amount that you are behind and pay that over 60 months with the guidance of a foreclosure lawyer in Oklahoma City, OK.
Even if the mortgage company has already filed the foreclosure all may not be lost. Once a foreclosure has been submitted, the mortgage company must get an order from the court, which can take at least a month, if not several. Once the request is granted, the mortgage company must then schedule and conduct a sheriff’s sale of the property and confirm that sheriff’s sale. The whole process can take several months. Up until the last day of the confirmation of the sheriff’s sale, you can still hire a foreclosure lawyer in Oklahoma City, OK like Marty Martin Law and save your house. Please call or email us today for a no-cost consultation.
What Should I Do After I Get a Foreclosure Notice in the Mail?
When faced with a foreclosure notice, the first thing that a homeowner will want to do is meet with a trusted Oklahoma City, OK foreclosure lawyer. If you’ve been served a foreclosure notice in the mail, you may be understandably concerned for your future, including the changes your family may have to go through as well if moving becomes necessary. Know that you don’t have to navigate this challenge alone. When you meet with an experienced Oklahoma City, OK foreclosure lawyer at The Law Offices of Marty D. Martin, we will answer your questions and help you to evaluate your legal options. As you prepare for your consultation, consider the following information and please write down any questions that it inspires. That way, we can get you answers to those questions when you come to our office for your consultation.
How do I respond to the foreclosure notice?
A homeowner has the right to respond to a foreclosure summons and complaint. If he or she wishes to fight the foreclosure, a response can be sent stating precisely that. It is common at this point for the homeowner to work with an Oklahoma City, OK foreclosure lawyer when trying to fight the foreclosure.
What is a Notice of Appearance (NOA)?
When homeowners decide to fight against the foreclosure notice and hire an attorney, they may complete a Notice of Appearance (NOA) form. This is so the attorney can be informed of foreclosure-related updates, and can represent the homeowner during proceedings. By filing an NOA, it can help streamline communication as your Oklahoma City, OK foreclosure lawyer can access information without it having to be passed on by the homeowner.
Is it possible to settle the dispute through a meeting?
Yes, it may be a good idea for the homeowner to contact the bank lender right away to find out if they are willing to work out a resolution for the overdue payments. Some banks may appeal to the idea of negotiation more-so than others. It can be a significant first step, as the foreclosure dispute is likely only to intensify if a resolution cannot be made. In certain states, it may be mandatory for such a meeting to be held between the homeowner and representative of the bank. This meeting is otherwise known as a settlement conference.
What is an example of a foreclosure defense strategy?
When working with an Oklahoma City, OK foreclosure lawyer at our firm, you’ll receive guidance related to the kind of defense strategy that will work best for your personal circumstances. Our firm will look over your mortgage conditions and foreclosure notice, along with other vital documents to see if there are errors. If any of these documents have mistakes, are misleading, deceptive, or fraudulent, the foreclosure process may be reversed in short order.
Know that you don’t have to navigate a foreclosure action alone. We’re here to help you evaluate your options and to help you make an informed decision about your situation. Contact our Oklahoma City, OK foreclosure lawyer team today so that you can spend less time worrying, and we can start doing the legal “heavy lifting” on your behalf.
Reasons to Contact a Foreclosure Lawyer
Our foreclosure lawyer Oklahoma City, OK families trust know firsthand how stressful the process of facing foreclosure may be. Facing financial challenges, along with the risk of losing your home, can be terrifying. At Marty Martin Law, we want to make sure that you have options available to you, which is why you should schedule an appointment with our Oklahoma City, OK foreclosure lawyer as soon as possible. We can help you take action by putting your best foot forward while keeping your needs and interests at the forefront. Here are some reasons it’s essential to contact a lawyer when facing foreclosure in Oklahoma City, Oklahoma:
Reason #1 You Have Received a “Breach Letter”
When you are unable to make your mortgage payments, your lender can pursue the process of foreclosure. However, this process does not begin until a homeowner is more than 120 days delinquent. If you have received a “breach letter” from your lender, they are essentially notifying you that they will be pursuing the process of foreclosure. If you haven’t already, it will be critical that you contact our Oklahoma City, Oklahoma foreclosure lawyer for guidance rather than ignoring the issue. They will be able to help provide you with options that may be available to you.
Reason #2 You Are Considering Filing for Bankruptcy
If you are struggling to dig yourself out of debt or even make your payments, chances are you have at least considered filing for bankruptcy. Depending upon your specific situation, filing either Chapter 7 or 13 may be a viable option for you. Additionally, filing for bankruptcy can help to stop your home from being sold if it has gone into foreclosure or at least give you and your Oklahoma City, OK foreclosure lawyer some time to strategize. When you file for bankruptcy, an automatic stay takes effect, which means that efforts to collect debts or move forward with foreclosure must come to a halt.
Reason #3 To Ensure That You Receive the Help You Deserve
When faced with possible home foreclosure, you will need to know your options. It’s not uncommon that you might not know what your options could be. Our foreclosure lawyer in Oklahoma City, OK at Marty Martin Law, has the experience in this area of practice that you require. We may be able to help work out a deal, whether through a loan modification, Chapter 13 bankruptcy, or negotiate a possible solution with your lender. If you want to stay in your home, we will work tirelessly for you by ensuring that every viable option is presented. There may still be time to take action, but it’s essential to not delay in reaching out to our foreclosure lawyer in Oklahoma City, OK.
When dealing with the foreclosure of your home, it can feel as though the deck is stacked against you. At Marty Martin Law, we are committed to helping our clients by slowing down the process, weighing your options, and working out a plan that is in your best interest. To learn more, schedule an appointment with our Oklahoma City, OK foreclosure lawyer today!