Is The Foreclosure Lawyer My Friend?
Is The Foreclosure Lawyer My Friend? Is He Or She Looking Out For Me As A Homeowner?
As we speak with and represent more and more Alabama consumers who are facing foreclosure we are running into a disturbing trend that we want to alert you to so you can not fall victim to this misunderstanding.
The lawyer who represents the mortgage company or the servicer is NOT your friend. He does not represent you. She does not have your best interest in mind. You must proceed with extreme caution when dealing with mortgage companies and with their lawyers as they are in an “adversarial” position to you. That is they do not have your best interests in mind – instead they have their best interests in mind.
WHO DOES THE LAWYER REPRESENT?
The foreclosure lawyer has been hired by the mortgage company or a company behind the mortgage company.
The point is that the foreclosure lawyer does NOT work for you. He or she does not represent you. Always remember this.
WHAT’S THE BIG DEAL ABOUT THE LAWYER NOT REPRESENTING ME?
Here’s the reason this is significant. So many consumers will call the foreclosure lawyer’s office and start asking questions such as:
- Can I still save my home?
- What are my options?
- Do I qualify for a loan modification?
- Should I file for bankruptcy?
- Does the mortgage company really own my loan or have the right to foreclose?
- Is the foreclosure still going forward?
- Will I get sued for ejectment?
I’m not saying its wrong to ask questions (big fan of it actually) but we are seeing more and more consumers are relying upon what the foreclosure lawyer tells them and then not taking action.
Sometimes the foreclosure lawyers (or more accurately their staff) are not pleasant to deal with according to many reports we have seen from Alabama homeowners we meet with. But other times they are are very nice and this can be disarming. Because the homeowner may think “Well, the nice person at the lawyer’s office didn’t say anything about a foreclosure so it must not be happening.”
Then the foreclosure happens and the homeowner could have taken steps to stop it.
OK WHAT’S THE BOTTOM LINE TO TALKING TO AND DEALING WITH THE FORECLOSURE ATTORNEY?
You must be careful and on your guard. Remember these lawyers make their living by representing the interests of the mortgage companies. Some of them are not even allowed to talk to the mortgage companies – instead they take their orders from an intermediate company.
Since they don’t represent you, you can be sure they don’t have your best interests in mind.
Gather information from them. Talk to them. But never let down your guard and think just because they are nice to you that they won’t really foreclose.
They will really foreclose. They will really send you a letter demanding you to leave your home in ten days. When you don’t . . . they will sue you for ejectment without mercy.
ALRIGHT, WHAT SHOULD I DO NOW?
Learn what your rights are AND take action.
Don’t rely upon what the foreclosure lawyer tells you – instead you learn what your rights are so you can do the best thing for your family.
If we can help you in any way let us know.
You can meet with us.
You can reach us by phone at 1- 205-879-2447 or contact us through this website.
Have a great day!