See Attorney Raymond Radow Quoted in an Article About Foreclosures in The Wall Street Journal
If you fall behind on your mortgage payments, you will receive a notice of foreclosure, and eventually, a Summons and Complaint. Despite the common understanding of foreclosure as “getting kicked out of your home,” this is not the time to panic or despair. A foreclosure is simply a lawsuit, and by retaining experienced foreclosure defense attorneys, you will ensure yourself ample opportunity to seek a preferable alternative long before the case proceeds to the point at which you may lose your home at a foreclosure auction.
Whether it is your desire to stay in your property by reinstating your mortgage or obtaining a Loan Modification or to walk away from your property without the negative ramifications of a foreclosure by executing a Short Sale it is critical to give yourself the best opportunity possible by retaining our office to aggressively defend your foreclosure. Our foreclosure defense lawyer and attorney help you through this complex legal process. Our foreclosure defense lawyer can also file a lawsuit against your lender on your behalf if we suspect the foreclosure brought against your home is illegal. Depending on your unique situation, one or all of these options may be available to you. Therefore, as we understand how critical it is to sit down with a knowledgeable attorney and determine the best strategy early on in the foreclosure process, we offer a 100% free consultation to our potential clients.
Regardless of which strategy you decide to adopt, it is critical that you retain an attorney to defend your foreclosure immediately upon receiving a Summons and Complaint. If these papers are not responded to within 20-30 days (depending on the manner in which you were served), your lender will be able to obtain a default judgment against you. A default judgment will dramatically shorten the time available to pursue any alternative to foreclosure. At the Radow Law Group, we are experienced in executing all of the available strategies. As a result, we can begin aggressively pursuing any strategy or combination of strategies in combination with the legal defense of your foreclosure action immediately, thus improving your chances of eventually achieving a successful alternative to foreclosure.