Receiving legal documents informing you that foreclosure proceedings are imminent, or in the process, can be paralyzing – especially when your lender’s lawyer refuses to take your calls, answer your questions, or help you in any way.Take Action in Foreclosure

One question that we frequently hear from those seeking foreclosure help is, “How long do I have before the bank takes my house?”. Unfortunately, there is no one-size-fits-all answer to this question, and like most legal proceedings there are a number of factors and scenarios to consider, including:

Generally speaking, the foreclosure process can take months to complete, and in some cases, it takes far less time, and others it can take much more. Of course, the sooner you take action, the better the chance you will have to come out ahead. If you have just been served a Statement of Claim, the proceedings are still in the beginning stages. This is the best time to take action and get the help you need in order to:

  1. Gather and review the legal paperwork to determine exactly what stage of the foreclosure process you are at.
  2. Determine the best plan of action to slow/stop the proceedings, reduce costs and/or deficiencies
  3. Get you the most amount of time possible to resolve your foreclosure.

In all foreclosure cases, it is best that you talk to a foreclosure professional who can help you go over your paperwork and help you in determining the next steps to take. It is so important to have someone in your corner to help you make sense of your situation and provide you with the answers you need to get through this difficult and often confusing period in your life.