Best Foreclosure Lawyers in Christchurch

Share your needs with us, get contacted by law firms.

Free. Takes 2 min.

Free Guide to Hiring a Real Estate Lawyer

Corcoran French Lawyers
Christchurch, New Zealand

Founded in 1892
50 people in their team
Māori
English
We are large enough to service your legal needs at every turn, but small enough to know you.  Corcoran French is your legal firm for life.We’re big enough that we have our finger on the pulse of legal policies and regulations. At the same time, we are small enough to stay accessible, provide...
Linwood Law
Christchurch, New Zealand

Founded in 2000
10 people in their team
Māori
English
Linwood Law Limited is a firm of lawyers committed to providing a professional and friendly service to our clients. “A Lifetime of Support”Linwood Law began life as the branch of a large Christchurch firm more than 20 years ago. It then evolved to become its own separate firm. Now owned by...
Parry Field Lawyers
Christchurch, New Zealand

Founded in 1948
50 people in their team
Māori
English
To the heart of what matters” Our tagline was developed just before the Canterbury earthquakes in 2011 and it saw us through those difficult times. We see the client in a rounded way and want to help them with ‘what really matters’, for legal services and beyond, when...
Malley & Co Lawyers
Christchurch, New Zealand

Founded in 2000
50 people in their team
Māori
English
Working with us is easy and understandable.Information Gathering The first step is to understand the challenge that you're facing, what's important to you and what you'd like to achieve as your desired outcome.Analysis We will then consider all of the information you have provided to us,...
Saunders & Co Lawyers
Christchurch, New Zealand

Founded in 1922
200 people in their team
Māori
English
SAUNDERS & CO IS A FIRM OF CHRISTCHURCH LAWYERS EXPERIENCED IN COMMERCIAL AND CORPORATE MATTERS, INTELLECTUAL PROPERTY, RESIDENTIAL PROPERTY, LITIGATION, IMMIGRATION, FAMILY, CRIMINAL , TAX, RESOURCE MANGEMENT AND ENVIRONMENTAL LAW.Our Christchurch law firm office is divided into teams.The...

Founded in 2000
50 people in their team
Māori
English
We are a team of experienced and approachable lawyers who deal with a variety of legal matters including property & business sale and purchases (conveyancing), building contracts, wills, trusts, estates, relationship property agreements, enduring powers of attorney and notary services, through...
Wynn Williams
Christchurch, New Zealand

Founded in 1859
200 people in their team
Māori
English
Wynn Williams is a full-service law firm, with an impressive team of experienced and talented lawyers delivering results for corporates, businesses, institutions and individuals, here in New Zealand and further afield. For more than 163 years, we've been known for our technical excellence,...
Harmans Lawyers
Christchurch, New Zealand

Founded in 1888
200 people in their team
Māori
English
Our HistoryServing Canterbury since 1888Harmans’ long association with Canterbury’s legal community began in 1888, when Thomas DeRenzy Harman, the son of Richard Harman, a passenger on one of the First Four Ships, established his own practice.Over the next 100-odd years the firm was known by a...
Darcy Thomson Law Ltd
Christchurch, New Zealand

Founded in 2000
50 people in their team
Māori
English
At D’arcy Thomson Law we provide a high level of specialist property advice on all aspects of property transactions including commercial property, residential subdivisions and unit titles, but we are especially proud of our residential conveyance practice. Being able to come to our property based...
Kannangara Thomson
Christchurch, New Zealand

Founded in 2007
10 people in their team
Māori
English
We are guided by the values that form the cornerstone of our approach to work, and how we treat our clients and one another.Our values include integrity, confidentiality, honesty, diversity, reliability and inclusivity. As one team, we support all our clients across the breadth of legal services....
AS SEEN ON

About Foreclosure Law in Christchurch, New Zealand

Foreclosure law in Christchurch, New Zealand primarily falls under the jurisdiction of national law, specifically the Property Law Act of 2007. This Act provides provisions for the repossession and sale of property by a lender if a borrower defaults on their mortgage payments. In the foreclosure process, lenders must give appropriate notice and allow borrowers adequate time to make good on their payments before the property can be sold. Each foreclosure case is unique and understanding the nuances of the law can be complex, hence legal assistance is often beneficial.

Why You May Need a Lawyer

Several situations prompt the need for legal representation in foreclosure cases. A lawyer is crucial if you're facing imminent foreclosure and you don't fully grasp its ramifications. Legal aid can help you understand the foreclosure notice, your rights, and guide you through possible defenses. If you believe the lender has not adhered to correct foreclosure procedures, a lawyer can help navigate these allegations. Even if foreclosure seems inevitable, a lawyer may help delay the process or negotiate better terms for you, like a short sale or deed in lieu of foreclosure.

Local Laws Overview

The Property Law Act of 2007 sets out the procedures for mortgagee sales. A default notice must be sent to the borrower, giving them at least 20 working days to make good on the default. If the borrower still doesn't fulfil their obligations, the mortgagee must then give 5 days notice of intention to sell. In some cases, the lender is required to obtain a court order to proceed with foreclosure. Major changes to the tenancy laws came into effect in February 2021, affording more protection to tenants during foreclosure, making timely legal advice even more crucial.

Frequently Asked Questions

What is foreclosure?

Foreclosure is a legal process where a lender attempts to recover the balance of a loan from a borrower, who has stopped making payments, by forcing the sale of the property used as the collateral for the loan.

Can I stop foreclosure once it's started?

Yes, with timely intervention and the right advice, there are several ways to pause or stop the foreclosure process, such as refinancing your loan, implementing a repayment plan, selling your home, or filing a protest if the lender did not follow correct procedure.

Do I have to move out immediately after foreclosure?

No, the foreclosure sale does not mean immediate eviction. The new owner has to go through legal processes to evict previous homeowners, giving you some time to find a new place.

Can I get my house back after foreclosure?

It's possible, but challenging. Depending on the type of foreclosure process and the local laws, you may have a period of redemption where you can repurchase the home.

What happens if my rented property goes into foreclosure?

As a tenant, you have rights. The recent changes in law brought increased protection for tenants - the lease will likely remain in effect, and the new owners may become your new landlords.

Additional Resources

For additional help, consider reaching out to New Zealand's Ministry of Justice or Community Law Centre. Citizens Advice Bureau also provides free advice and has a comprehensive database of information. The Tenancy Services offers valuable resources for tenants going through this process.

Next Steps

If you need legal assistance with foreclosure, begin by researching and selecting a lawyer who specializes in this area. Prepare a summary of your situation, pertinent dates, and gather related documents. Then, schedule a consultation to understand your options and the best course of action.

Lawzana helps you find the best lawyers and law firms in Christchurch through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Foreclosure, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Christchurch, New Zealand - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.