How can I protect myself from foreclosure?

If you are facing foreclosure in California, there are a few ways you can protect yourself. Hiring a qualified foreclosure defense lawyer is the best way to protect your rights and legal interests in the foreclosure process. An experienced attorney will be able to review your case and determine the best course of action for your situation. Additionally, the attorney will be able to negotiate with lenders and banks on your behalf. You may also want to consider filing for bankruptcy. Bankruptcy will provide a court-ordered stay from foreclosure proceedings. This stay will buy you some additional time to work out an agreement or repayment plan. During this time, you will be able to work with your attorney to develop and submit a repayment plan to the mortgage company. It may also be possible to negotiate a loan modification with your lender or bank. This can help reduce the overall amount you owe, lower your monthly payments, or even have the full loan balance forgiven. Your attorney can provide assistance with this process as well. Finally, you may qualify for government assistance programs such as the Home Affordable Refinance Program (HARP). HARP lets you refinance your loan into one with a lower interest rate and better terms. There are also other resources that may be available with the help of your attorney. By taking proactive steps and understanding your rights, you can protect yourself from foreclosure in California.

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How can I protect myself from foreclosure?

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