People who are facing a foreclosure on their homes often feel helpless. Though the situation may seem bleak, there is hope and help available. The Philadelphia foreclosure lawyers at Reinherz Law have years of experience helping those who are at risk of losing their homes. We understand the emotions that are involved and how important it is to you to hold on to your home if at all possible. We are here to help you see the options that are available and to give you the tools you need to a better financial future. Call us today to set up an appointment to learn how we can help.

The first and most important step that you need to take if you have received a foreclosure notification is to take action. Ignoring the notification that you have received from the bank is a big mistake, as there is a limited amount of time in which you can respond. The process generally begins with the lender filing a lawsuit, after which notification is made to the public record and you are served with a summons. From this point you have just thirty days to file a response or the lender can move for a default to be entered. If you have already received notice and it has been more than thirty days, don’t panic – it often takes lenders more than thirty days to act on the default, but you do need to move quickly. Call the Philadelphia foreclosure lawyers at Reinherz Law and we will guide you through the steps you need to take.

At Reinherz Law, we are experienced foreclosure defense attorneys who will work hard to help you hold onto your home. Though you may think that there is nothing more that can be done, there are a number of legal strategies that we have used to successfully help our clients. When you meet with us, we will begin by reviewing all of your loan documents and any correspondence that you have had with the lender in order to ensure that they have been properly executed and prepared. Though not always the case, we have found that many home ownership and lending documents have been fraudulently or incorrectly prepared, and as a result we have been able to argue on behalf of our clients keeping their homes. Even the most minor discrepancy can work to your favor.

One of the best ways to clear up a foreclosure action is to modify your loan. Doing so can stop your foreclosure, save your home and lower your payments. But a loan modification is a complex process, and without proper legal guidance you run the risk of putting yourself into even greater financial trouble. A call to the Philadelphia foreclosure lawyers at Reinherz Law will put you in touch with someone who can provide you with knowledgeable legal guidance. Contact us today.

Learn more from our Philadelphia Foreclosure Lawyer HERE.

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