Don’t assume that falling behind on your mortgage is necessarily your own fault!

When lenders are too eager to make loans, they often willfully or unknowingly violate either the federal Truth in Lending Act (TILA) or the Real Estate Settlement Procedures Act (RESPA). The result can be a loan that the borrower cannot ultimately afford, and eventually results in foreclosure proceedings.

It’s no surprise that foreclosure litigation is becoming more common now that it has been revealed that the poor lending practices of banks are so widespread. By reviewing your loan papers, the Nader Law Firm can determine if violations of TILA or RESPA are evident, and provide recommendations on filing a lawsuit on your behalf.

Foreclosure litigation may help to:

• Keep you in your house.

• Stop all foreclosure proceedings while the suit is pending.

• Prevent the lender from reporting negative information to credit reporting agencies.

• Result in damages being paid to you.

Most often these suits do not go to trial, as foreclosure litigation makes the lender eager to renegotiate your loan when they realize how much is at stake.

As with all legal options, you should seek qualified legal advice regarding foreclosure litigation.

If you have been served notice of foreclosure proceedings, contact our bankruptcy attorney immediately for a free consultation to explore options that may save your home.