Milwaukee Foreclosure Defense Lawyers
Mortgage Foreclosure Defense in Kenosha and Southeast Wisconsin
Millions of people and across the nation and in Wisconsin are finding themselves in a struggle to keep their mortgage payments up-to-date. Tough economic times have led to an increasing number of foreclosures in Kenosha and throughout the Greater Milwaukee area. If you face the threat of foreclosure or if your lender has already started a foreclosure action, you need the advice and representation of competent legal counsel. There are specific timelines and procedures that need to be addressed right away. The Wisconsin foreclosure defense attorneys in the Law Office of Rollie R. Hanson, S.C. have experience stopping foreclosure actions for clients throughout the state
Mortgage Foreclosure in Wisconsin
The growing number of residents in Milwaukee, Racine, and Kenosha who are substantially behind in their house payments, learn too quickly that lending companies will begin a foreclosure action against them. The loss of your home can put your life in an upheaval. As soon as you know you are unable to address your mortgage payments, you should meet with an attorney from the Law Office of Rollie R. Hanson, S.C., who can let you know your rights, how you can protect your property, and ways to manage your resources so that you can keep your home. We can give you a practical understanding of the Wisconsin mortgage foreclosure statutes (Ch. 708.01, 2003-2004) and the following processes they specify:
- Lenders can initiate a judicial foreclosure proceeding to obtain a judgment of foreclosure for failure to pay delinquent mortgage payments;
- In most cases, the foreclosure sale may take place 6 months after the foreclosure judgment is entered by the court;
- The borrower may contest the foreclosure to stop the bank from getting a foreclosure judgment;
- The foreclosure sale is known as a Sheriff’s Sale because the County Sheriff’s department conducts the sale;
- The lender must follow specific procedures in order to set up a Sheriff’s Sale including appropriate public notice of the sale; and
- In many cases, the borrower has the right to reinstate the mortgage at any time by bringing the account current prior to the Sheriff’s Sale. In some cases, the borrower may be required to redeem the property by paying the full amount due.
In many cases, there is something you can do to protect your home from foreclosure; it is not too late, no matter how far along the process has gotten. The federal government and Wisconsin law have implemented programs that provide support for you to avert the loss of your home. The State of Wisconsin has established a Mortgage Mediation Program to help homeowners attempt to obtain a loan modification with the aid of a Ccourt appointed mediator. Our lawyers can help you evaluate your case and assist with foreclosure defense as well as the mediation program.
Experienced Mortgage Foreclosure Defense Lawyers
Our skilled Wisconsin foreclosure defense attorneys can help you take advantage of the appropriate programs and laws that give you an opportunity to restructure your mortgage loan and keep your house. We will look for any procedural discrepancies in the bank’s foreclosing process, uncover deceptive lender or foreclosure practices that violate the law, and raise affirmative defenses and counterclaims where appropriate. Contact our office at (414) 321-9733 for an initial consultation as soon as you know foreclosure is imminent. From our offices in West Allis, WI we serve foreclosure and bankruptcy clients in Kenosha, Milwaukee, and throughout southeastern Wisconsin.