How can I find out if my lender is legally obligated to help me avoid foreclosure?

If you are a homeowner in Pennsylvania and are facing foreclosure, you should find out if your lender is legally obligated to help you avoid it. This is because certain laws protect some homeowners from foreclosure by requiring lenders to offer assistance such as loan modifications, short sales, deed-in-lieu, or other options. To find out if your lender is obligated to help you, you should first visit the Foreclosure Prevention Hotline run by the Pennsylvania Housing Finance Agency. On their website, you can access resources and speak to counselors who can advise you on your rights as a homeowner. You can also consult with a foreclosure defense attorney to find out if your lender is legally obligated to help you avoid foreclosure. The Pennsylvania Residential Mortgage Foreclosure Action Protection Act of 2010 is one law that provides foreclosure protections to homeowners in Pennsylvania. This law requires lenders to offer homeowners assistance before foreclosing on their home, such as loan modifications, and to provide at least 90 days of notice before pulling the trigger on a foreclosure. It is important to find out if your lender is legally obligated to help you avoid foreclosure so that you can create the best plan to keep your home and debts in check. By being educated on your rights and consulting with experts, you can ensure that you are making the best decisions for your situation.

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How can I find out if my lender is legally obligated to help me avoid foreclosure?

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