Protect Your Interests Pre-Foreclosure
People refer to pre-foreclosure as the period before a lawsuit is filed. In Ohio, all foreclosures are accomplished through a formal lawsuit, and “foreclosure” generally refers to the entire lawsuit process. The final part of that process is the sheriff’s sale, but the entire thing is the “foreclosure.”
Sometimes people think that the sheriff’s sale is the most important part of the foreclosure, but that is just the procedural mechanism to sell the property. The sheriff’s sale is actually very late in the legal process, and reopening a case after a sale has been scheduled requires the knowledge and skill of an experienced foreclosure defense attorney. Sometimes, depending on the court, case, and closeness of a sale, bankruptcy may need to be reviewed as an option to prevent the sale.
If you are at the point where your mortgage company has not yet filed a lawsuit against you, you are in pre-foreclosure. This is one of the very best times to talk with a skilled foreclosure attorney. A firm like Doucet & Associates can offer suggestions on how to proceed that are not as available if a foreclosure had already been filed (there are also defenses only available in foreclosure, so talk to an attorney for advice).
If your lender has threatened you with foreclosure or if you anticipate your lender will be serving you with a foreclosure lawsuit soon, you are in pre-foreclosure and should talk to counsel immediately. Depending on your loan type and objectives, several important legal protections may be available to you. For example, if your loan is a refinance of your primary house that closed within the last three years, you should immediate call Doucet & Associates Co, L.P.A. irrespective of whether you are in foreclosure. Call (614) 944-5219 immediately.
Calling Doucet & Associates Co., L.P.A. when your loan is in the pre-foreclosure stage enables us to discuss and plan for the modification and litigation stages of conflict and potentially work directly with your servicer to avoid conflict. It also enables us to evaluate your case for potential claims against your servicer and select the jurisdiction that offers you the greatest chance for a fair hearing. If you are in pre-foreclosure, contact Doucet & Associates Co., L.P.A. today at (614) 944-5219.