The Washington Foreclosure Fairness Act provides homeowners the right to explore alternatives to foreclosure with the appropriate lenders, providing them a way out of certain foreclosure. It requires that lenders communicate with the homeowner about their right to request a face-to-face meeting to discuss options before a notice of default can be issued. If a notice of default has been issued, the law allows HUD counselors and attorneys to submit the homeowner and lender into mediation to work out a loan modification or short sale timeline. This levels the playing field and acts as a valuable tool for those who wish to keep their homes.
Bellevue Foreclosure Fairness Act Attorney
If you receive a notice of pre-foreclosure options, it is important that you immediately contact an attorney or HUD counselor to understand your options before you respond. If you have been issued a notice of default, you only have 30 days to take advantage of Washington's Foreclosure Fairness Act. The act allows an attorney or HUD counselor to submit both the borrower and the lender into mediation where the goal is to avoid foreclosure. Only a licensed attorney or HUD counselor can submit you into mediation, and if you receive a notice of foreclosure sale, it may be too late.
We routinely represent homeowners in lender negotiations, FFA mediations and litigation in this area, providing a complete understanding of your foreclosure rights. We are thoroughly prepared to help you achieve an outcome that will place you in the best possible financial position when the matter is resolved. We are committed to helping our clients save their home.
We will walk you through the process, step by step, helping you to make the most-informed decisions that will accomplish your individual goals. You control the process from start to finish, drawing on our vast experience in this area to reach a successful outcome.
Seattle Stop Foreclosure Attorney
We at Skyline Law Group, provide our clients with a comprehensive consultation to best understand what he or she is facing and to determine the best possible approach for a successful outcome. To arrange a meeting with a skilled foreclosure lawyer, please call us today at 425-247-1933 or toll free at 800-769-0487.
