Facing foreclosure can be a difficult and stressful situation for a homeowner to go through. The possibility of losing your home, weakening your credit, and shaking your financial well-being is a lot to deal with. If this sounds all too familiar, a Weatherford foreclosure lawyer can be a shining light in the darkness.
The Steele Law Firm is a small, client-based firm, where we cater to you with one-on-one client-attorney interaction. From the initial consultation to case resolution, we guarantee that you will work with the same attorney throughout the relationship. We believe each client’s case is unique and deserves our attention. By taking this approach, we can optimize foreclosure cases for each of our clients.
When a homeowner's mortgage loan is in default, the lender can take legal action to recover the balance by forcing the sale of the home. This process is called foreclosure. Texas Property Code 51.002(d) allows borrowers to catch up on their back payments via reinstatement of their loan up to the date of sale.
A foreclosure cannot start until the borrower is 120 days delinquent. To initiate a foreclosure, a lender must notify the borrower that they have 20 days to get caught up on missed payments. When the 20 days are up, the lender must send a notice of sale, which must be posted with the county clerk. By law, it must also be posted publicly, which is why you see foreclosures posted in the newspaper.
A Weatherford foreclosure attorney can be a valuable asset to homeowners going through foreclosure. A lawyer can double-check that the lender follows all legal procedures required by law. They can also ensure the homeowner’s right to reinstatement is protected. If they find the lender is not adhering to the law, they can advise you on filing a wrongful foreclosure claim against the lender.
The claims are filed at the Parker County District Clerk, located at the Parker County Courthouse in Weatherford at 117 Fort Worth Highway.
Even if the lender is following legal practices, an attorney can negotiate with the lender for a loan modification or loan reinstatement. A good Weatherford foreclosure lawyer knows it's in the lender's financial interest to maintain the existing loan. If an agreement cannot be made, or you wish to appeal the sale after it has taken place, a foreclosure attorney can litigate for you in court.
If you're facing foreclosure, you're not alone. In 2023, two in three Texas residents owned their own home, but many of these homeowners struggled to keep their mortgages out of foreclosure. A Weatherford foreclosure lawyer is a valuable resource that can help you find a way to get back on track with your mortgage payments. Don’t lose what you’ve already worked hard to invest in your home. Seek advice so you can stay in your home.
In Texas, there are certain circumstances under which a foreclosure can be reversed. These circumstances are listed below:
Even if you don't think any of these conditions apply to your circumstances, talking to a lawyer can help you know for sure.
At the Steele Law Firm, PLLC, our attorney works directly with clients. We take pride in providing our clients with the attention they deserve and investing the time necessary to protect their homeowners’ rights. We are quick in our legal processes to maintain adherence to deadlines and are committed to doing everything we can to stop your foreclosure and keep you in your home.
A: There's no set estimated price for a foreclosure, lawyer. The cost of hiring a foreclosure lawyer depends on many factors, including the type of services the client needs. For instance, filing a bankruptcy claim to stop foreclosure would be a different cost than filing a claim against a lender for wrongful foreclosure processing. For an accurate estimate on a specific case, speak with a foreclosure lawyer in your area.
A: Yes, a foreclosure can be reversed in Texas under certain conditions. If the lender fails to follow the legal procedure for foreclosing on a house, the borrower may have grounds to reverse the foreclosure.
Other potential means of stopping a foreclosure include filing for bankruptcy. Speak to a foreclosure lawyer in your area to understand the implications of these conditions. If you qualify for a foreclosure reversal on your home, your foreclosure attorney will advise you on doing so.
A: To prove a wrongful foreclosure in Texas, you need an experienced foreclosure attorney who knows foreclosure laws and how to identify lender errors in the foreclosure process. Once the wrongful acts are identified, a foreclosure attorney can then also assist you with filing a wrongful foreclosure claim. If your claim is found to be valid, your mortgage may be reinstated in good standing, and the sale of your home reversed or stopped.
A: The most straightforward way to get a foreclosure dismissed is by paying the past due payments on your mortgage. This immediately stops any foreclosure processes and gets the borrower in good standing with the lender. You may also file a claim of wrongful foreclosure that identifies the lender as misapplying payments, inaccurately calculating fees, or not adhering to the procedural requirements of Texas foreclosure.
Contact the Steele Law Firm and schedule an appointment to discuss your foreclosure. Whatever phase you may be in, the sooner you call us, the better chance you have of saving your home.
