Do you feel trapped by the financial burdens of your home? Are you having trouble making your mortgage payments? Do you wish you could just walk away from your home ownership obligations and get a fresh start?
The Las Vegas foreclosure lawyers at Van and Associates can help you out from under the financial burdens of homeownership through the foreclosure or short sale process. We will provide you with well-informed legal advice, discuss your legal options and the ramifications of foreclosure with you, help facilitate the foreclosure process, and guide you through the Foreclosure Mediation Process.
In Nevada, when a homeowner is behind on mortgage payments, a lender can take possession of the property through a judicial foreclosure (by filing a lawsuit against the homeowner) or a non-judicial foreclosure (by recording a Notice of Default). In either foreclosure scenario, a homeowner loses ownership of the property and walks away from the mortgage loan obligations. Foreclosure is not without consequences, however, so it is important to understand the risks and benefits. The Las Vegas foreclosure lawyers at Van and Associates will explain the foreclosure process to you in detail so that you fully understand your options and legal rights.
If you have received a Notice of Default on your primary residence, you have 30 days to choose to participate in the Foreclosure Mediation Program. During a foreclosure mediation, you and your lender will work with an impartial third-party to come up with an alternative solution to foreclosure, such as loan modification, forbearance agreement, short sale, or deed in lieu of foreclosure.
As a full-service financial distress law firm, the Las Vegas foreclosure attorneys at Van and Associates can assist you through the entire process, including completing the necessary paperwork and attending the mediation on your behalf.
At Van and Associates, our Las Vegas foreclosure attorneys are here to help you deal with your financial difficulties in a way that makes the most sense for your unique situation. If you are facing a Nevada foreclosure, contact us at (702) 529-1011 to schedule a free consultation to learn more about the Nevada foreclosure process.