Your home is likely your most significant asset, and if you’re like most homeowners, you’ve made monthly mortgage payments for years to eventually make it your own. When unexpected circumstances such as a job loss or medical emergency occur, and you can’t make those payments on time, it can put your home at risk of foreclosure. It’s important to know there are steps you can take to keep your home or sell it while limiting your loss. Payne & Black, LLC represents homeowners in the Rock Hill area and throughout South Carolina who are at risk of having their homes foreclosed. Whether we challenge your lender in defending you against foreclosure or work with your mortgage company or bank to reach acceptable terms that benefit you, you can count on our counsel and advice.
When your lender initiates a foreclosure action, it’s essential you take prompt action. As your attorneys, depending on your circumstances, we will get to work to uncover the facts and may be able to challenge the foreclosure if we find:
If these situations or others exist that show your lender has engaged in a foreclosure action that’s illegal or unwarranted, we will press your case in court. While your case is pending, your foreclosure will be put on hold, offering you a much-needed break while we work to help you save your home. If filing for Chapter 13 bankruptcy offers you a better option for repaying your debt and keeping your house, we can guide you through the process.
In many cases, homeowners may be able to work with their lenders to avoid foreclosure. As skilled negotiators, we can clearly and effectively present your case to your mortgage company or bank so you can make use of these options:
It’s often in a lender’s best interest to work with homeowners rather than spending the time and money it costs them to initiate foreclosure proceedings. We have helped clients throughout South Carolina to make use of these options and keep their homes and will press for a favorable outcome in your case.
When selling your home is in your best interests, we can negotiate with your lender to provide these options:
While the decision to sell your home can be a difficult one, we will make sure you understand the benefits and risks so you can proceed fully informed before engaging in any transaction. In all cases, our goal is to help you reach an outcome for you and your family that keeps you from losing your home to foreclosure.
At Payne & Black, LLC, we assist clients throughout South Carolina who are at risk of losing their homes to foreclosure. We will explain your options and guide you in making the best decision for your circumstances. Call us at 803-992-8163 or contact us online to schedule your consultation at our Rock Hill or Columbia offices.