If this happens, your lender must notify Louisville Bankruptcy Lawyer you of the lawsuit by serving you with a summons and a complaint. Kentucky law gives borrowers 20 days after service to answer the complaint. Homeowners who are facing foreclosures should seek legal aid from a qualified foreclosure defense attorney.

 

We stay apprised of changes in the law and within the banking industry that may impact the business decisions lenders make regarding extensions of credit and foreclosures. Consider talking to a local foreclosure attorney or legal aid office to learn about your rights. A lawyer can also tell you about different ways to avoid foreclosure. Foreclosure is a process that begins when a homeowner who has borrowed money to buy a house fails to make their mortgage payments. The bank or mortgage company can take back a home to satisfy the mortgage debt. A deficiency judgment means that you will then pay the difference to the lender.

 

If not, there is still a chance that you can negotiate reinstatement with your lender. In most cases, you will have a ten or fifteen-day grace period after you miss a mortgage payment before you’ll be charged a late fee. Every month that you fail to pay will incur another late fee.

 

How Can A Louisville, Ohio Attorney Help?

 

NASHVILLE – Working with the Nashville Bar Association, our attorneys helped with the escalating problems of people who had recently lost their jobs. Focused on providing assistance with unemployment appeals, the attorneys helped individuals receive unemployment benefits after their applications had been contested by their former employers. In all, more than 70 appeals were resolved, earning Lauren Paxton Roberts, who headed the effort, recognition by the Legal Aid Society of Middle Tennessee and the Cumberlands. By community, here are examples of ways Stites & Harbison attorneys and staff have made a difference in their hometowns.

 

So, the plaintiff immediately wins when Defendant fails to raise factual and legal issues properly and admits the debt is owed. You must have both legal and raise factual issues to be decided to delay foreclosure. The truth is, it takes time to sell a home or avoid foreclosure. Fighting a foreclosure or filing bankruptcy gives you that time.

 

I am very happy to know that there are still reputable and ethical companies like Kentucky Solutions in this state. I am very pleased with their services and would highly recommend them to anyone trying to sell their home, even if they owe more than it’s worth. To discuss your case with one of our experienced Louisville and Lexington real estate attorneys, contact the firm online. With law offices in Lexington and Louisville and a government relations practice in Frankfort, we are equipped to handle real estate issues across the state.

 

This can also stop the foreclosure of your home if the filing occurs before the sale of the home. Here at Schwartz Bankruptcy Law Center, we help those struggling with debt get the fresh start they deserve. We are committed to offering debt relief options that are in your best interests and are designed to give you peace of mind. Our attorneys have over 40 years of combined legal experience and know how to handle bankruptcy filings. We will help you and your family get through the legal process, from beginning to end, with confidence.

 

New Lagrange Road, Suite 4, Louisville, Ky 40222

 

Our Bankruptcy Attorney, Tracy L. Hirsch, has 23 years of experience, and has filed over 2,000 cases. Her attention to detail and extensive knowledge of local bankruptcy rules, means that things are done correctly the first time. With MDK, you’re working with a firm that serves clients better than expected and beyond the ordinary. We create uncommon paths to success for our clients and ourselves.

 

The Lis Pendens Notice

 

At Hirsch Law, we believe that educating prospective clients is the foundation for a successful bankruptcy filing. Click on the questions below to learn how bankruptcy can protect your home, car, wages, and more. We make it a priority to ensure that each of our clients feels respected, heard, and understood.

 

If you have a legitimate defense to foreclosure and want to fight to keep your home, you will almost certainly need the assistance of an attorney. The attorneys at O’Bryan Law Firm know how difficult this process can be for you and your family. Your house was an investment, both financially and emotionally. Contact us for a free case evaluation to see how we might be able to help you save your home.

 

Having a skilled litigator will help ensure that the process proceeds as smoothly as possible for you. They will also be well-acquainted with different methods of foreclosure defense. You could, for example, try a “short sale,” which allows you to sell your house for whatever amount you can get, and use the proceeds to pay your mortgage. If the house sells for less than you owe, the bank will get the proceeds of the sale, and the rest of the debt will be forgiven.