The housing crisis may have peaked between 2007 and 2009, and experts may say that the economy is in recovery, but that doesn’t mean that all homeowners are now free of concern. Americans are drowning in debt, and every day there are millions of Americans who are at least thirty days late on their mortgage payments. Though the number of foreclosures have fallen in the last year or two, many are predicting that the number will jump again in the next few years when court backlogs begin to clear and many mortgages that received interest rate reductions will be reset. If you are facing foreclosure, it is important that you understand all of your options and have a knowledgeable Philadelphia foreclosure lawyer acting as your advocate. Call Reinherz Law today to see how we can help.

There are a number of things that you can do when you are facing foreclosure, and the single most effective is to seek professional help. It is easy to be intimidated by representatives of your financial institution, and having a Philadelphia foreclosure lawyer acting as your representative means that you will have a full understanding of the process, the options that are available to you, and the steps that you need to take. At Reinherz Law we will help you to avoid foreclosure legally. We will also protect you from many of the mortgage modification companies and so-called experts that prey on people who are in financial trouble. We will be able to filter out the noise and make sure that everything in your case is being handled appropriately and legally, verifying and double-checking all information provided to you by the bank or loan representative and ensuring that your legal rights are protected.

At Reinherz Law, we have a number of legal tools that we can use to defend you against having your home taken away from you. Though every situation is different, here are several steps and strategies that we have been able to use successfully to help others:

• We review all of your mortgage documents to ensure that they are free of errors
• We review all of your mortgage documents to determine whether you have been a victim of predatory lending
• We review all of your foreclosure documents to see whether all appropriate signatures are in place
• We review all of your foreclosure documents to ensure that they were filed legally

There have been a number of irregularities and illegalities in recent foreclosure actions, and at Reinherz Law we make sure that you are not a victim of foreclosure fraud. We will also work to pursue other solutions such as loan modifications that will help you to stay in your home, short sales, deed in lieu of foreclosure and more. Call the Philadelphia foreclosure lawyers at Reinherz Law today and let us help you out of a bad situation.

Learn more from our Philadelphia Foreclosure Lawyer HERE.