Sacramento, California Foreclosure Attorney

Sacramento Area Foreclosure Attorney

Owning your home property is an important part of financial security — and also the American dream.

The reality is that many homeowners in California experience financial crises that place their homes in jeopardy and make them feel the overwhelming threat of foreclosure from their mortgage lender.

Foreclosure rates in California and Sacramento may be lower than the national average, but there are still thousands of people at risk of losing their homes. Foreclosure usually is initiated when a homeowner misses mortgage payments. Then the lender may begin the process of auctioning off the property to satisfy the loan.

As a homeowner, you have rights and should know that you have options that can help you save your home.

You Have California Homeowner Rights — and Options

If you have received word of foreclosure from your mortgage lender or bank, then you should know that you have homeowner rights that are protected by the State of California and that you can take steps to stop legal proceedings.

As the holder of the mortgage, you have more rights than you might realize. A mortgage is not like a secured car loan or boat loan. Losing your home to foreclosure is not the same as having your bank send a repo man to take back your car if you miss a single payment.

State and federal law protect homeowners to a greater extent. Banks and mortgage lenders are under specific regulations relating to the legal process required.

Don’t Go It Alone — Get Experienced Legal Counsel Today

Your first action to take after receiving threat of foreclosure should be to call an experienced debt relief attorney.

We encourage you to call us today for your free consultation with California Foreclosure Attorney Mik Liviakis to help determine your best course of action to protect your home.

Protect Your Home & Reorganize Your Debt With Chapter 13 Bankruptcy

No matter your situation or how far into the foreclosure process you are in — you have options.

If you determine that bankruptcy is the best option, then you can stop the foreclosure sale immediately by filing Chapter 13 Bankruptcy. When you file bankruptcy, an automatic stay of execution if place against all collections until the validity of your court case is determined.

Under special conditions of Chapter 13 bankruptcy rules, individuals and families filing for bankruptcy may reaffirm their intent to continue paying their monthly mortgage payment, while eliminating or reducing other consumer debt, such as credit cards, and medical debt. In most cases, the reduced payments to creditors every month make it possible to meet your monthly mortgage payment. Building equity in your home is still the best way to build a successful financial future.

In addition, you may file bankruptcy and prevent foreclosure by restructuring your mortgage — which is another service that we assist our clients with. In a Chapter 13 bankruptcy, a homeowner can restructure their missed mortgage payments by offering to pay them back monthly over a sixty month period.

Is Foreclosure Defense Right for Me?

Foreclosure Defense is one of several options for homeowners that fall behind on payments. There is no one-size-fits-all solution to mortgage debt, which is why it’s important to get legal financial expertise to determine the best course of action for your situation.

In some circumstances, filing bankruptcy can be the best option to restructure your mortgage and help you save your property.

Liviakis Law Can Help You Protect Your Home from Foreclosure

At Liviakis Law, our team of Mortgage and Bankruptcy lawyers are ready to fight to protect your home and your rights as a homeowner in California.

We have over a decade of experience in helping thousands of Sacramento area clients litigate their foreclosure cases — through bankruptcy filings and mortgage modification solutions.

Our team of foreclosure and debt relief experts work to understand your situation and then put in place the best strategy to help you protect your home and rebuild your financial future.

In the cases that you can’t keep your home, we still work with you every step of the way to fight for the best results for you and your family.