The best means to learn about an individual’s rights during foreclosure is simply to look for a Baltimore bankruptcy attorney for advice. This kind of lawyer will counsel a client on the process involved, and every one of the latest laws, guidelines and regulations. Once the client is well informed of her rights, she will be better placed to protect herself.
At the end of the day, hiring a lawyer will enable an individual to protect himself, his rights, and his home completely. But a person could use this advice to understand more concerning foreclosure. An individual could then arm himself with the critical information he needs to stay ahead.
The legal procedure sets up elaborate schedules and time frames. This will enable an individual to take action to protect himself, avoid frauds, and get assistance from foreclosure attorneys. For instance, prior to filing a foreclosure suit in court, lenders ought to send the client a notice of their intention to foreclose at least forty five days in advance.
Additionally, that foreclosure suit cannot be filed before a full 90 days have elapsed since the individual defaulted on his loan. One also has to be personally served with the court papers. However, if the lender is not successful in doing so, he could mail them to the property or post them through certified mail.
Once an individual has been served with the court papers, an additional forty five days must elapse before his home may be sold at an auction. Also, a notice of sale should be placed in a newspaper 3 times prior to the sale taking place. Until a day prior to the auction taking place, a person has the right to pay unsettled payments and other fees, and stop the auction.
A Baltimore bankruptcy attorney is able to help one take a stand against those lenders who may have committed fraud. Fraud may manifest in simple ways such as failing to disclose to the client critical information during the process of taking out the mortgage. It is crucial that an individual is aware of what to expect and what is lawful, so that she could shield herself fully.
You can find a brief summary of the benefits you get when you hire a Baltimore bankruptcy attorney and more information about a highly respected lawyer at http://www.radebaughlaw.com today.