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Helping People Avoid Foreclosure

Ibold & O’Brien is committed to helping the homeowners of Northeast Ohio deal with the difficulties presented by home foreclosure. As the economy continues to struggle, more and more people are facing job loss and extended periods of unemployment, making it hard for them to make their mortgage payments. We are available to assist clients in defending their homes against foreclosure.

If you are threatened with foreclosure, you should know that there are options. Our skilled Chardon foreclosure defense lawyers have extensive experience analyzing mortgage contracts and all other relevant documents. We are deeply familiar with laws such as the Truth in Lending Act (TILA) and the Real Estate Settlement Procedures Act (RESPA), to which lenders must adhere in all mortgage transactions. Our attorneys will examine your situation and advise you of possible defenses to foreclosure, such as:

  • Failure to clearly spell out the terms of the loan
  • Failure to disclose all material provisions of the mortgage
  • Failure to provide a good faith estimate of closing costs
  • Predatory lending practices

Experienced Foreclosure Attorneys

The strength of our foreclosure practice lies in the ability of our attorneys to hold lenders to their word and to their obligations under the law. In many cases, a mortgage is sold to so many institutions that no single institution can prove that they have a right to foreclose on the property. We know how to present the facts favorably for our clients in an effort to save his or her home.

There are very specific procedures a bank must follow in order for a foreclosure to be valid. For example, the bank must provide adequate notice to the homeowner that the property is in danger of foreclosure. Our firm understands these rules and will stand steadfast in making lenders prove that they followed the proper procedures.

As skilled negotiators, we assist clients in working with lenders to reach agreements that avoid foreclosure. Some of these options include loan modifications and short sales. Every case is unique, and we offer advice and representation tailored to the individual needs of that client.

Contact Our Skilled Foreclosure Defense Lawyers

The legal team at Ibold & O’Brien can help you fight against foreclosure. For a consultation, reach our lawyers by phone at our Chardon office (440-607-5228) or our Orwell office (440-437-5295). You can also contact us online.