If you are having trouble paying your mortgage or have foreclosure surplus funds or equity following a foreclosure sale, or you simply want to understand your options to avoid foreclosure, you can benefit from meeting with an experienced Washington foreclosure attorney.
Foreclosure Surplus Funds
If you have lost your home in a foreclosure or tax sale, chances are there may be excess funds or equity from the sale. This excess or surplus funds is deposited into a court registry by the foreclosure trustee and unless you file a petition to recover it you may lose it to the state or another creditor! Do not wait until it is too late. Call us now to find out if you have surplus funds waiting for you. There is no cost to you unless we successfully recover surplus funds on your behalf. So don't delay, call us today!
At Skyline Law Group, we provide comprehensive consultations to help you best understand all of your options to determine the best possible approach for a successful outcome based on your particular needs and goals. Whether you are seeking to keep your home, collect surplus funds following a foreclosure, or defend against a judicial foreclosure action, we have all of your needs covered.
A foreclosure attorney represents homeowners in lender negotiations, mediations and foreclosure defense litigation. We provide a complete understanding of all of your foreclosure rights. We help you understand the potential credit score and tax liability on debt forgiveness. 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 if that is the ultimate goal.
We can help you understand the foreclosure process, avoid foreclosure, or use the foreclosure mediation process to your best advantage. To arrange a meeting with a skilled foreclosure lawyer, please call us today at 425-455-4307.
Washington Foreclosure Fairness Act
Washington's 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 meeting to discuss options before a notice of default can be issued. If a notice of default has been issued, the law allows attorneys to submit the homeowner and lender into mediation to work out a loan modification or open market sale. This levels the playing field and acts as a valuable tool for those who wish to keep their homes or avoid foreclosure.
If you receive a Notice of Pre-foreclosure Options, it is important that you immediately contact an experienced foreclosure attorney to better understand your options before you respond. If you have been issued a Notice of Default, you could have your property scheduled for auction in as little as 31 days. If you have received a Notice of Trustee's Sale, you have only 20 days to take advantage of Washington's Foreclosure Fairness Act mediation process to avoid foreclosure from the date the notice is recorded. So do not delay! Call us now before it is too late.
We routinely represent homeowners in lender negotiations, foreclosure mediations and foreclosure litigation, 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.