This last component is very important. A law is just a law if there are no provisions that make it compulsory or enforce accountability. The good news here is that #4 is a strong enforcement mechanism, enabling and encouraging homeowners to sue lenders if they do not comply with rules or ignore homeowner rights. With this enforcement mechanism in place, knowing when (and how) to take legal action is paramount. McFarlin LLP is here to help for that very reason.
These same rights might also apply to a homeowner who is attempting to short sale their home. Our homeowner relief attorneys can explain further.
Are You Covered Under the Homeowner Bill of Rights?
In order to obtain relief under the Homeowner Bill of Rights, you must:
- occupy your home,
- not have filed bankruptcy during the foreclosure process, and
- cannot have contracted with someone whose primary business purpose is to advise people who have decided to leave their homes on how to extend the foreclosure process.
If you think you might be entitled to damages under the California law or you are currently being victimized by a mortgage servicer engaged in dual tracking, call a McFarlin LLP homeowner relief lawyer today.
Call McFarlin LLP & Request a FREE Consultation
We understand that many homeowners have a large portion of their wealth, if not the majority of it, tied up in their homes. Sometimes this means that a sour market, dropping home prices and foreclosure do not just mean the loss of a home. For example, it may impact a child’s future college tuition or a homeowner’s expected retirement. Let us help you hold on to your investments. If you believe the Homeowner Bill of Rights can help you and your family, contact us.