One of the most challenging troubles any homeowner can ever face is the threat of foreclosure.
The truth is that most foreclosure procedures can be prevented, provided the homeowner does what is expected of him or her.
Aside from that there are several ways or options that can be used to stop the procedure.
Again, it is crucial you work with or hire an experienced lawyer if you want to get the best results from your stop foreclosure efforts.
One of the most effective techniques for stopping foreclosure is by challenging the validity of the debt that you owe in a legally filed claim against the bank or mortgage firm in order to stop the foreclosure and sue for damages.
This is a touchy subject because your agreement terms for the contract may actually not work in your favor.
However, if your lawyer thinks it will work, you may as well explore the possibility of it.
In any case, your lender bears the burden of proving that there was a valid debt during a foreclosure proceeding.
Now you know why they make such a fuss about signing the promissory note and all that in the beginning.
There are a few legal terms and conditions that may invalidate a foreclosure claim by your lender, and you really don't need to know them until your lawyer say you actually do have a chance appealing under such pleas.
However, once you know that you do, you don't have to wait for anything more.
File for a stop foreclosure injunction.