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Selling or leasing a property can be a great investment – until your buyer or renter misses more than a few payments. Whether yours is a commercial or residential property, you deserve to receive the payments that the borrower promised to make. With experienced legal counsel, you can move forward in the eviction process to realize the full value of your property. Whether you arrive at a negotiated solution for payment or need to evict your tenants or enter foreclosure proceedings, our creditors’ rights legal team is in your corner. We’ll guide you through all the steps you need to take to get relief through legal proceedings. But don’t wait – occupants rarely move out on their own. Meet with one of our attorneys to learn about your options.
While our experienced creditors’ rights attorneys can guide you through the eviction process as a prelude to foreclosure, some of our clients prefer to follow an alternative path before evicting tenants or buyers. Many of these alternatives, such as loan modification or refinancing, can lengthen the term of the loan, allowing homebuyers to lower their monthly payments. Pursuing an alternative solution can avoid some of the complexity of the foreclosure process, especially for commercial properties. If you would like to explore legal actions that can help you avoid the eviction processes, get in touch with our legal team today.
For lenders, eviction is usually one of the final steps in foreclosure. Unless the borrower can sell the property in a short sale during the pre-foreclosure process, a creditor must follow all the proper legal steps in a foreclosure: the notice of default, pursuing the court’s approval for a lien on the property, and then the foreclosure process itself. If the court grants the foreclosure and authorizes an eviction notice, you can then pursue evicting the property’s occupants, usually with the assistance of your county sheriff. Depending on the circumstances, the process can take from weeks to years, depending on the complexity of the case. For landlords, eviction usually requires you to terminate the lease, provide an official notice, and obtain a court order for the eviction. Our creditors’ rights lawyers can help you navigate the process, making sure you’re working within the letter of the law. To learn how we can help, contact our office today.
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