A Foreclosure FAQ
A San Francisco bankruptcy attorney answers two commonly asked questions on foreclosure.
Can I stop a foreclosure?
Yes, it is possible to stop or postpone a foreclosure sale date. Generally the borrower is required to pay the delinquent balance or other amount stated by the lender. The other option is to file for bankruptcy in order to develop a repayment plan.
Will I get notice of a foreclosure sale?
The lender must provide the borrower with notice of the foreclosure sale. Generally the lender will first send out a notice of default indicating the mortgage is not current. After the notice of default the lender will provide a trustee sale date, indicating what property is being sold, the location of the sale, and the time of the sale.
At Sagaria Law, we offer an exceptional team of bankruptcy lawyers, bankruptcy client care specialists and bankruptcy staff supporting San Francisco. If you need help regarding bankruptcy in San Francisco, contact us at (415) 946-8882 or (1800) 941-6730 for a free consultation or visit us online at www.sagarialaw.com to request a free in person appointment at a Sagaria Law office location nearest you. We can answer your questions regarding filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, bankruptcy litigation, legal debt settlement, mortgage modification, lien stripping, cram down, stopping a foreclosure, wage garnishment, asset protection, discharging a debt, etc. We have bankruptcy attorneys located throughout California and Oregon to assist you with all your debt resolution questions. Please feel free to complete our free online bankruptcy evaluation to quickly determine if you are a qualified candidate for bankruptcy. We look forward to hearing from you, San Francisco!
