Why Do You Need a Lawyer To Assist With Your Foreclosure?

If you are facing foreclosure on your home, you may be concerned about having enough money to hire a lawyer. However, if you do not have a lawyer to assist with your foreclosure, you may wind up losing more than you gain from not having one. But why, exactly, do you need a lawyer to assist with your foreclosure, and what happens if you try to proceed without one?

What Does a Foreclosure Lawyer Do?

Put simply, a foreclosure lawyer helps you with every step of the foreclosure process, from the moment you receive a letter from your mortgage lender, all the way through a potential auction or any other outcome. They can advise you on potential legal alternatives, and defend you in court. They will also negotiate with your bank or mortgage lender to ensure you get the best outcome for your case.

What Are the Benefits of Hiring a Lawyer?

Unless you are a foreclosure lawyer yourself, chances are that you do not know as much about the law as a legal professional in the field. This means they know the various ways you can potentially avert the worst possible situations for your foreclosure. Moreover, they can help save you time and stress, because you are not handling something as complicated as a foreclosure yourself.

What Happens if You Do Not Have a Lawyer?

Without a foreclosure lawyer, you will need to handle every part of the foreclosure on your own. This not only will substantially increase the work on your plate at a time where you may be dealing with far too much, it also increases the risk you will make critical mistakes. As a result, you may wind up costing yourself far more money in the long term than a lawyer would have cost.

What Should You Do?

Ultimately, the best way to give yourself a good outcome in a foreclosure case is to hire a lawyer with experience handling foreclosures like yours. They can review the facts of your case to determine what options may work best for you, and argue on your behalf to give the best possible outcome for your situation. The sooner you call, the sooner they can begin working for you.

At David J. Lorber & Associates, PLLC, we assist clients throughout New York who are at risk of losing their homes to foreclosure. We will explain your options and guide you in making the best decision for your circumstances. Call us at (631) 750-0900 or contact us online to schedule your Free consultation at our Setauket office.