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Best Foreclosure Lawyers Near You
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![SORASAK LAWFIRM](https://lawzana.com/storage/firms/2053/17076536855971.jpg)
![EDL Advocates & Legal Consultancy](https://lawzana.com/storage/firms/9616/17192594621317.jpg)
EDL Advocates & Legal Consultancy
Free Consultation: 30 mins
![Sunil Ambalavelil - Lawyer and Legal Consultant](https://lawzana.com/storage/firms/5884/16593554126311.jpg)
Sunil Ambalavelil - Lawyer and Legal Consultant
![The Law Society Co.Ltd.](https://lawzana.com/storage/firms/4269/16353895012598.jpg)
The Law Society Co.Ltd.
![Bond Advocates LLP](https://lawzana.com/storage/firms/7997/17067713329178.jpg)
Bond Advocates LLP
Free Consultation: 15 mins
![Aljubairi Law Firm](https://lawzana.com/storage/firms/9553/17168870081197.jpg)
Aljubairi Law Firm
![GPS Legal](https://lawzana.com/storage/firms/1693/16106227156770.jpg)
GPS Legal
Free Consultation: 15 mins
Legal guides written by GPS Legal:
- Land Ownership in Thailand: Title Deeds
- Thailand’s SMART Visa program: What you should know
- Estate planning goes beyond wills
![Mahanakorn Partners Group Co., Ltd](https://lawzana.com/storage/firms/4078/16336731816980.jpg)
Mahanakorn Partners Group Co., Ltd
Legal guides written by Mahanakorn Partners Group Co., Ltd:
- Managing Risks in Public-Private Partnership Projects
![Ombogo & Company Advocates](https://lawzana.com/storage/firms/7969/16921790092540.jpg)
Ombogo & Company Advocates
![Justicia Transparente](https://lawzana.com/storage/firms/7532/17150534686255.jpg)
Justicia Transparente
Free Consultation: 30 mins
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Foreclosure & Alternatives
Foreclosure refers to the legal process by which a lender (usually a bank) attempts to recover the balance of the default loan that the borrower failed to pay according to the initial contract or stopped making payment. The lender would take ownership of the asset and sell it.
Before the foreclosure would occur, the borrower would have to prolong the monthly payment for a long time or fail to meet other terms in the mortgage document. However, foreclosure law would differ in each country, but generally, the lender would try to get the borrower to catch up with the payment before initiating foreclosure.
A foreclosure could wreak havoc on an asset owner’s credit score, but fortunately, there are alternatives to it, such as; forbearance, repayment plan, loan modification, refinancing, partial claim, or forgiving a payment.
Foreclosure Lawyer
Your house is an essential part of your life where you and your family feel safe. If all alternatives to foreclosure fail, consider hiring a lawyer to aid you in the legal details, trials, and let them help you save your precious home.
The information provided on this page is intended for informational purposes only and should not be construed as legal advice. While we strive to present accurate and up-to-date information, we cannot guarantee the accuracy, completeness, or currentness of the content. Laws and regulations can change frequently, and interpretations of the law can vary. Therefore, you should consult with qualified legal professionals for specific advice tailored to your situation. We disclaim all liability for actions you take or fail to take based on any content on this page. If you find any information to be incorrect or outdated, please contact us, and we will make efforts to rectify it.