Best Foreclosure Lawyers in India

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Founded in 2023
English
Abhishek Sharma & Associates is a Mumbai-based law firm specializing in real estate law, offering comprehensive services that encompass strategic advisory, transaction support, land and title diligence, and dispute resolution. The firm caters to a diverse clientele, including real estate...
Legal Universe Advocates
Hyderabad, India

English
Legal Universe Advocates, founded by Advocate Syeda Asima Unnisa, a practitioner at the High Court of Telangana, offers comprehensive legal services with a focus on family law, including divorce and matrimonial cases, marriage registration, and child custody matters. The firm also provides...
Fox & Mandal
Kolkata, India

Founded in 1896
200 people in their team
Hindi
English
Founded in 1896 by John Kerr Fox and Gokul Chandra Mandal, Fox & Mandal (F&M) is one of India’s oldest law firms. We have remained committed to the service of our clients, team, and the legal community since our incorporation. At F&M, we have achieved the rare distinction of thriving...
Karanjawala & Co
New Delhi, India

Founded in 1983
200 people in their team
Hindi
English
ABOUT KARANJAWALA & CO.Karanjawala & Company is an exclusive full-service dispute resolution firm that handles litigation and arbitration on behalf of its clients. Founded by Mrs. Manik Karanjawala and Mr. Raian Karanjawala in 1983, we operate out of three offices in New Delhi.Over the...
Legal Luminaries LLP
Hyderabad, India

Founded in 2017
English
Legal Luminaries LLP, established in 2017, is a distinguished law firm based in Hyderabad, Telangana, India. The firm specializes in a comprehensive range of legal services, including family law, real estate law, mediation, and general legal counsel. With a commitment to delivering high-quality...
Nava.Legal

Nava.Legal

15 minutes Free Consultation
Mumbai, India

Founded in 2011
20 people in their team
English
Hindi
Marathi (Marāṭhī)
Nava.Legal underwent a significant transformation in 2021, transitioning from a proprietary concern to a partnership firm. This change marked a pivotal moment in the firm's history, reflecting its growth and commitment to collaborative legal practice.The transition was initiated by Advocate...
GNK Law Associates
Delhi, India

Founded in 2016
50 people in their team
Hindi
English
Best Lawyers in DelhiGNK Advocate and Solicitors, a company of practicing lawyers and advocates for their specialized fields of law. We are modern and inclusive in our outlook and have solution oriented approach. We strongly promote diversity of thought because we believe it helps us build strong...
SNG and Partners
Mumbai, India

Founded in 1962
200 people in their team
Hindi
English
Established in 1962, by the Late Mr. S. N. Gupta, an acclaimed banking lawyer jurist and writer, SNG & PARTNERS (“SNG”) is a second- generation full-service law firm which has acquired an enviable reputation for sophisticated legal work in the national capital (New Delhi), the business...
SJ Law Firm
Hyderabad, India

Founded in 2005
English
SJ Law Firm, established in 2005, is a distinguished legal practice based in Hyderabad, India, with offices in Miyapur and Gachibowli. The firm offers comprehensive legal services across multiple domains, including civil law, criminal law, family law, property law, real estate law, and cyber law....
Kochhar & Co.
Delhi, India

Founded in 1994
50 people in their team
Hindi
English
OVERVIEWKochhar & Co. (“Firm”) is one of India’s pre-eminent corporate law firms.With a full-service presence in seven (7) prominent cities namely New Delhi, Mumbai, Bangalore, Chennai, Gurgaon, Hyderabad and Chandigarh and three (3) overseas offices – Dubai, Singapore, and Chicago,...
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About Foreclosure Law in India

Foreclosure is a legal process in India by which a lender can seize and sell a property when the borrower fails to make mortgage payments. It is governed by various laws and regulations to protect the rights of both the borrower and the lender.

Why You May Need a Lawyer

You may need a lawyer for foreclosure in India if you are facing difficulties in making mortgage payments, if you have received a foreclosure notice from the lender, if you are unsure about your legal rights and options, or if you need assistance in negotiating with the lender to prevent foreclosure.

Local Laws Overview

In India, foreclosure laws vary by state and are governed by the Transfer of Property Act, 1882, the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, and other relevant statutes. It is important to understand these laws and how they apply to your specific situation.

Frequently Asked Questions

1. What is foreclosure?

Foreclosure is a legal process in which a lender takes possession of a property from a borrower who has failed to make mortgage payments.

2. Can I stop foreclosure proceedings in India?

Yes, you may be able to stop foreclosure proceedings by working with the lender to negotiate a repayment plan, seeking legal assistance, or exploring other options available under the law.

3. How long does the foreclosure process take in India?

The foreclosure process in India can vary depending on the specific circumstances of the case, but it typically takes several months to complete.

4. What are my legal rights as a borrower in a foreclosure proceeding?

As a borrower in a foreclosure proceeding, you have certain rights including the right to be notified of the foreclosure, the right to challenge the foreclosure, and the right to seek legal assistance.

5. Can I sell my property to avoid foreclosure?

Yes, you may be able to sell your property to avoid foreclosure, but you should consult with a legal professional to understand the implications and legal requirements.

6. What are the consequences of foreclosure in India?

The consequences of foreclosure in India may include losing your property, damaging your credit score, and facing legal action by the lender.

7. Can I refinance my mortgage to avoid foreclosure?

Refinancing your mortgage may be an option to avoid foreclosure, but it is important to consider the terms of the new loan and seek legal advice before taking this step.

8. What is the role of a lawyer in a foreclosure proceeding?

A lawyer can help you understand your legal rights, negotiate with the lender, represent you in court, and guide you through the foreclosure process in India.

9. How much does it cost to hire a lawyer for foreclosure in India?

The cost of hiring a lawyer for foreclosure in India can vary depending on the complexity of the case, the lawyer's experience, and other factors. It is advisable to discuss fees and payment options with the lawyer before hiring them.

10. Where can I find a reliable lawyer for foreclosure in India?

You can find a reliable lawyer for foreclosure in India by asking for recommendations from friends or family, contacting your local bar association, or searching online legal directories.

Additional Resources

For additional resources related to foreclosure in India, you may visit the Ministry of Housing and Urban Affairs website, the National Housing Bank, or seek assistance from legal aid organizations such as the Legal Services Authority.

Next Steps

If you are facing foreclosure in India and need legal assistance, it is important to contact a qualified lawyer who specializes in real estate law and foreclosure proceedings. The lawyer can help you understand your rights, explore your options, and guide you through the legal process to protect your interests.

Lawzana helps you find the best lawyers and law firms in India 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 India—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.