Foreclosure defense is hard for an individual and family because NY is generally a non-legal foreclosure state. That means that the bank can legally foreclose on your house without having to go to court. As you know, many homeowners do not have the funds to fight for their right to keep their home. In order to fight for your right to keep your home, you need to find a lawyer who has experience in Texas foreclosures.
You should first know that foreclosure defense is expensive, particularly if you do not have an attorney. If you are going to hire an attorney, then you should do so with care. You want an attorney who will fight on your behalf and will not waste time raising your costs with each unsuccessful filing. Your attorney should not only be experienced but also caring, compassionate, and diligent. If you hire an attorney with all these characteristics, then you will find that he or she will be your best advocate in this process.
For most people, there are usually two ways to get out of a mortgage. The first is known as a "soft" foreclosure defense, which simply means that the bank will allow the borrowers to pay off the mortgage by paying less than the total amount owed. The second is called a "hard" foreclosure defense, in which the bank must go to court and attempt to take ownership of the property through the court. If you have a mortgage contract, it will specify what the company has to do if the homeowners do not pay off the loan.