Wrongful Foreclosures in Atlanta and the Greater Metro Atlanta Area: What Exactly Is a Wrongful Foreclosure and How Can I Stop One?
Foreclosure: there is no doubt that for many individuals in the Atlanta and Greater Metro Atlanta Area, the term sounds a little ominous, and can even be a tiny bit “triggering.” Indeed, the foreclosure process is virtually always stressful, and it can be especially devastating if you believe that the foreclosure of your home or property is happening in error. Whether due to miscommunication, servicing mistakes, or predatory lending practices, the truth of the matter, unfortunately, is that wrongful foreclosures can and do happen in Atlanta and throughout the Greater Metro Atlanta area. However, the good news is that homeowners have legal protections under both Georgia state laws and federal laws. As such, if you believe your home is being foreclosed on wrongfully, you may still have time — and options — to stop it. To help Atlanta homeowners, and those in the Greater Metro Atlanta area, better understand what a wrongful foreclosure is, and how to stop one, we discuss the ins-and-outs of wrongful foreclosure here.
Atlanta-Area Wrongful Foreclosures: What are They?
Simply put, a wrongful foreclosure occurs when a lender proceeds with foreclosure without legal justification or in violation of required procedures against a homeowner. There are a number of reasons that this can happen. Some of these reasons include clerical or administrative-type errors, such as the lender failing to send proper notice as required by Georgia laws, or you were not actually in default. In other cases, lenders may initiate wrongful foreclosures based on errors in loan servicing, because they themselves violated the terms of a loan modification agreement, or for other reasons. One thing that Atlanta and Greater Metro Atlanta-area homeowners may not know about the foreclosure process under Georgia laws is that the foreclosure process is a non-judicial process. This means that the process is initiated outside of court, requiring you to act fast to protect your rights in the case of a wrongful foreclosure.
What to Do if You are Experiencing the Wrongful Foreclosure of Your Home in Atlanta
The important thing to keep in mind is that if you believe that your home is being wrongfully foreclosed on, you have rights and options under Georgia laws. Lenders do make mistakes, and you are entitled to protect yourself and your property. The best thing that you can do if you believe that a lender is wrongfully foreclosing on your home is to speak with an experienced Atlanta wrongful foreclosure lawyer. An experienced Atlanta wrongful foreclosure lawyer can review the facts of your case and the documents applicable to your loan to determine the best strategy for your wrongful foreclosure case and can fight for you in court.
The experienced Atlanta wrongful foreclosure lawyers at Evans Law are here to help Atlanta and Greater Metro Atlanta area homeowners get justice against the lenders that wrongfully foreclose on their homes. Contact Evans Law today and speak to a lawyer about your case now.
