Losing your home is no less than a nightmare. Yet, if you act wisely at the right time you can save your home, which is threatened by foreclosure. The more you wait, the worse the situation can get.

2. • Losing your home is no less than a
nightmare.
• Yet, if you act wisely at the right time
you can save your home, which is
threatened by foreclosure.
• The more you wait, the worse the
situation can get.

3. What’s the first thing to do?
• Take legal help…fast.
• Hire a good Prince George’s County foreclosure
attorney.
• He or she can help you in proceeding with the case.
A good attorney can also help you negotiate with the
lender to avert unpleasant consequences of a
foreclosure sale.
• Time matters in this case. The quicker you hire a
lawyer, the lesser you are in trouble.

4. What if you don’t hire a lawyer and do nothing
about foreclosure?
• Your lender contacts you to know the reason for
delay in payment.
• You get a notice of default from your lender.
• Your lender hires a lawyer and files a foreclosure
complaint.
• You get a copy of complaint from the court with
usually 30 days time to answer it.

5. • If you fail to answer, the lender’s lawyer files a
motion for default judgment.
• The court approves the motion. The sheriff gets an
order of sale from the court.
• Your home gets an appraisal of its value.
• Your home is sold.
• The process does not end here. This is what happens
after you lose your home:
• The court gives a judgment of sale. It orders a new
deed for your home’s buyer.

6. • The buyer has a right to possess your home now. He
or she can ask the sheriff to evict you.
• Your lawyer attains a deficiency judgment against
you. This is for any discrepancy between whatever
amount you owed on mortgage and the foreclosure
sale price of the house.
• If you wish to avoid all this torment, hire a
competent Prince George’s County foreclosure
attorney. Remember, the whole foreclosure process,
from filing to entering judgment of sale, is against
you.

7. • Moreover, the whole process can occur within 60
days. So, you haven’t much time to contemplate. You
must hire a lawyer as soon as you receive foreclosure
complaint from the court.

8. Avoid these mistakes:
• According to foreclosure lawyers, you must never
ignore lenders’ calls. The truth is: no lender wants to
file a foreclosure. This is a costly process, as the
lender themselves need to hire an attorney.
• Most lenders are willing to help you find a solution
for your monetary crisis that is crippling you in
making payments.
• However, in the case that foreclosure is
indispensable you must immediately hire a
foreclosure lawyer.

9. • An experienced lawyer defends you and also works
with your lender. He or she can take help from a
certified housing counselor to find an alternative to
foreclosure.
• In case you wish to file for bankruptcy, you need to
contact a good Prince George County’s bankruptcy
law firm for the best legal advice in this case.
• Whatever legal step you decide to take, you must
have a qualified lawyer by your side. He or she will
guide you in each step of the legal process.
• Legal notices from the court often put the receiver
under stress. Ignorance or inappropriate knowledge
about the law makes a person take the wrong step.
Moreover, you must keep your emotional side at the
backseat while taking legal decisions.

10. • Lawyers not only give you legal aid, but also see to it
that you work more from the head than the heart in
this case.
• Good lawyers are known to provide moral support
too. They not only help you save your home, but also
help to keep your confidence, as the news of losing
your home can break you.

11. 1801 McCormick
Drive Suite 150
Largo Maryland,
20774
Office - 301.358.3271
Fax - 877.728.7744