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Posted On: September 3, 2010 by Scott Sagaria

I Received a Foreclosure Notice, What Do I Do?

A San Jose bankruptcy attorney discusses the Foreclosure Notice...

Should you receive a foreclosure notice from a secured the lender, the first thing to do is contact the lender to see how to remedy the default. Once that attempt goes awry, the next thing would be to contact an attorney or legal professional to seek counsel on how to proceed with the lender. Often times, communication from an attorney or legal professional will stir the lender into negotiating some form of payment plan. However, in this housing market, less and less lenders are willing to come to this agreement. The last step when you receive a foreclosure notice and all other avenues fail is to seek bankruptcy. Depending on your intentions for the foreclosing property, either Chapter 7 or Chapter 13 bankruptcy will assist in the aftermath of receiving a foreclosure notice. Legal assistance is always recommended.

If you have questions regarding Bankruptcy in San Jose please contact us at 408.279.2288 for a free consultation or visit www.bkanswers.com and we can connect you with one of our experienced San Jose Bankruptcy Attorneys. After you have spoken with one of our downtown San Jose bankruptcy attorneys, we can schedule you for a free face to face appointment in an office location nearest you. Our team of San Jose Bankruptcy Lawyers can assist you with all aspects of your bankruptcy or bankruptcy litigation case. If you have questions about filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, or would like to learn more about bankruptcy litigation, legal debt settlement, mortgage modification, lien stripping, cram down, stopping a foreclosure, wage garnishment, asset protection, discharging a debt, etc. we can help! We have bankruptcy attorneys located throughout California and Oregon who can assist you with all of your debt resolution questions. Please feel free to complete our free online bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy. We look forward to hearing from you, San Jose and the South Bay!

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