Best Foreclosure Lawyers in Vietnam

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THE LAM LAW LLC
Ho Chi Minh City, Vietnam

Founded in 2019
15 people in their team
English
Vietnamese
Real Estate Foreclosure Natural Resources +9 more
About THE LAM LAW LLCWho We AreTHE LAM LAW LLC is a Vietnam-based boutique law firm founded by a team of seasoned legal professionals, arbitrators, and legal educators. We specialize in delivering tailored, business-minded legal solutions with international standards and local expertise.Our...
ADK VIETNAM LAWYERS LAW FIRM
Ho Chi Minh City, Vietnam

Founded in 2021
25 people in their team
English
Vietnamese
Real Estate Foreclosure Commercial Real Estate +4 more
Welcome to ADK Vietnam Lawyers: A Beacon of Legal Excellence in Ho Chi Minh CityOur Expertise and Clientele ADK Vietnam Lawyers, located in the bustling heart of Ho Chi Minh City, is renowned for its legal expertise and dedication to serving a diverse range of clients. Our practice areas...
Law Plus
Ho Chi Minh City, Vietnam

Founded in 2000
50 people in their team
Vietnamese
English
Real Estate Foreclosure Natural Resources +9 more
Located in Ho Chi Minh City, Vietnam, LawPlus understands the challenges foreigners face when starting and doing business in Vietnam. Our goal is to alleviate those difficulties and ensure a smooth experience by handling all legal complexities on your behalf. Focus on growing your business, let...

Founded in 2012
50 people in their team
Vietnamese
English
Combining practical solutions with professional expertiseDTLAW attracts well-trained lawyers who graduated from abroad and have gained vast experience working for the Government, as well as many years working at well-known law firms in Vietnam.Our professional team of experienced lawyers,...
Youth & Partners Law Firm
Vinh Phuc, Vietnam

Founded in 2019
English
Youth & Partners Law Firm is a distinguished legal practice based in Vietnam, renowned for delivering solutions tailored to the diverse needs of both individual and business clients. The firm's team of seasoned attorneys brings extensive expertise in business law, civil law, divorce proceedings,...
Apolat Legal
Ho Chi Minh City, Vietnam

Founded in 2016
50 people in their team
Vietnamese
English
OVERVIEWUnlike the legal systems in the world, in the legal system of Vietnam, the gap between the law and the reality of applying law is relatively large. This matter requires the lawyers in Vietnam both to understand the law and catch the managing policy (in written or unwritten) of the State of...
ACC Group Vietnam - Hồ Chí Minh
Ho Chi Minh City, Vietnam

Founded in 1998
English
ACC Group Vietnam - Hồ Chí Minh is a distinguished law firm renowned for its comprehensive legal services tailored to both individuals and businesses. With over 25 years of experience, the firm specializes in areas such as dispute resolution, real estate law, intellectual property, foreign...
ASL Law
Hanoi, Vietnam

Founded in 2000
50 people in their team
Vietnamese
English
ABOUT ASL LAW - VIETNAM LAW FIRMASL Law, a full-service Vietnam law firm, includes Associates of Successful Lawyers from Vietnam and other countries where Vietnamese enterprises have trading relationship. Our main purpose is to provide the most practical, efficient and lawful advice or legal...
Dragon Law Firm
Hanoi, Vietnam

Founded in 2000
50 people in their team
Vietnamese
English
DRAGON LAW FIRMLaw Firm - Prestigious Lawyer Service in HanoiHeadquarter in Hanoi: Room 6, 14th floor, Vimeco Building, Lot E9 Pham Hung Street, Cau Giay District, Hanoi.Office in Long Bien: No. 24, Lane 29, Tram Street, Long Bien Ward, Long Bien District, HanoiLawyer in Hai Phong: No. 102, Lot 14...
MD Law Firm | Danang
Da Nang, Vietnam

Founded in 2018
50 people in their team
We are a professional and customer-oriented law firm dedicated to providing exceptional legal services in Vietnam. We serve a broad range of clients with market-leading practices in business formation, arbitration & litigation, corporate & investment, family-marriage & civil issues,...
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About Foreclosure Law in Vietnam:

Foreclosure in Vietnam is the legal process by which a lender can repossess a property from a borrower who has failed to meet their mortgage or loan payments. This process is governed by specific laws and regulations in Vietnam 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 Vietnam if you are facing financial difficulties and are at risk of losing your property. A lawyer can help you understand your rights, negotiate with the lender, and guide you through the legal process to prevent foreclosure or minimize its impact.

Local Laws Overview:

Key aspects of local laws relevant to foreclosure in Vietnam include the Civil Code, which sets out the legal framework for property rights and mortgages, and the Law on Land, which regulates land use and ownership. These laws provide guidelines for the foreclosure process and the rights of both parties involved.

Frequently Asked Questions:

1. What is the foreclosure process in Vietnam?

The foreclosure process in Vietnam involves legal proceedings initiated by the lender to repossess the property from the borrower due to default on loan payments.

2. What are the rights of borrowers in foreclosure proceedings?

Borrowers have the right to be informed of the foreclosure process, contest the foreclosure in court, and redeem the property by paying off the outstanding debt before the foreclosure sale.

3. How can a lawyer help in a foreclosure case?

A lawyer can help borrowers negotiate with the lender, review loan documents, represent them in court, and help them explore options to avoid foreclosure or mitigate its impact.

4. Can a property be foreclosed without court involvement?

In Vietnam, foreclosure typically requires court involvement, as the lender needs to obtain a court order to repossess the property legally.

5. What are the consequences of foreclosure for borrowers?

The consequences of foreclosure for borrowers may include losing their property, damaging their credit score, and facing legal consequences if they fail to meet their obligations.

6. Are there any alternatives to foreclosure in Vietnam?

Yes, there are alternatives to foreclosure in Vietnam, such as loan modification, short sale, deed in lieu of foreclosure, or refinancing options that borrowers can explore with the lender.

7. What is the role of the lender in the foreclosure process?

The lender is responsible for initiating the foreclosure process, following legal procedures, and selling the property to recover the outstanding debt in case of default by the borrower.

8. How long does the foreclosure process take in Vietnam?

The timeline for the foreclosure process in Vietnam can vary depending on the complexity of the case, court procedures, and negotiations between the parties involved.

9. Can a borrower stop foreclosure proceedings?

Borrowers can stop foreclosure proceedings by negotiating with the lender, seeking legal assistance, or exploring alternative options to resolve their financial difficulties and meet their obligations.

10. What rights do tenants have in a foreclosed property?

Tenants have the right to be informed of the foreclosure process, continue their lease agreement until its expiration, and receive notice to vacate the property if it is sold at a foreclosure sale.

Additional Resources:

For more information on foreclosure in Vietnam, you can contact the State Bank of Vietnam, the Ministry of Justice, or consult a legal aid organization for assistance and guidance.

Next Steps:

If you are facing foreclosure in Vietnam and need legal assistance, consider consulting a qualified lawyer with experience in property law and foreclosure proceedings to protect your rights and explore options to resolve the situation effectively.

Lawzana helps you find the best lawyers and law firms in Vietnam 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 Vietnam - 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.