Creve Coeur, Missouri Foreclosure Defense Attorney Assists Clients Facing Foreclosure

Missouri Foreclosure Defense Law Firm Focuses on Helping Homeowners

Foreclosure is not the same as bankruptcy, and although bankruptcy will halt a foreclosure, it should not be your first choice of a solution against foreclosure. Foreclosure defense is possible.

Foreclosure Defense

Homeowners who don't defend themselves against foreclosure stand to lose their homes rather quickly in certain circumstances, but if an effective defense is put forth, the foreclosure process can take months and even years, giving homeowners the time necessary to refinance, negotiate a settlement or loan modification, or sell their home on their own terms.

There are several acceptable ways to resolve a foreclosure case, including:

• Negotiating with the lender for time to bring the loan up to date
• Attempting to obtain a loan from another source to pay off the lender
• Selling the home and vacating the premises
• Working out a creative arrangement that will provide the bank with some money and allow the homeowner to stay in the home

Don't Ignore a Foreclosure Notice

When faced with a foreclosure notice, the worst thing you can do is nothing. Homeowners are only given 20 days to respond to a foreclosure notice once they receive it, and those who take no action take the chance of losing their homes. One of the best decisions a homeowner facing foreclosure can make is retain an experienced foreclosure defense attorney like James B. Day.

If you are facing foreclosure in Creve Coeur, Missouri, don't go it alone. Attorney James B. Day was a bankruptcy trustee for eight years before he opened his own law practice, understands the foreclosure system, and can help provide you with an effective defense. Contact The Law Office of James B. Day, LLC online or call 314-786-1218 to schedule your free, no-risk initial consultation today.