Are you facing a foreclosure on your home? Have you received an Act 91 Notice or an Act 6 Notice letter? Did the sheriff serve you a Complaint? If the answer to any of these questions is “Yes” you should call Vinsko & Associates, P.C. today.
Pennsylvania law has very strict rules regarding mortgage foreclosure actions. The first step, however, is not ignoring the letters or the litigation. Your property can be saved. In fact, if it is your primary residence that is the subject of a mortgage foreclosure action, there are plenty of options available to you to save your home. It is important to remember that the bank does not want your property. Banks and lenders would much prefer getting paid rather than taking your home or property to sheriff sale.
Most counties in Pennsylvania have a Mortgage Foreclosure Diversionary Program, or a similar option, which allows all litigation to be stopped, during which time the court will oversee a mediation between you and the bank. This may lead to a mortgage modification which will allow your payments to be modified (reduced) and the mortgage terms altered to protect your rights in your home, while simultaneously ensuring that the lender is paid on a monthly basis. Our lawyers can help you through this process for a reasonable fee.
If you are mired in foreclosure litigation, our experienced foreclosure litigation attorneys have the experience to know if there are defects in the mortgage, whether the loan terms have been violated by the bank, whether their notices to you have been properly issued and/or whether there are any other issues which will allow for a successful outcome in court. Banks, lenders, servicing companies and other related entities routinely fail to properly verify the legal description to your property, timely pay taxes, apply escrow funds, and account for your monthly mortgage payments. If this has happened to you, it is just the beginning of what could result in a successful mortgage foreclosure defense. Not all mortgage foreclosure actions are lost causes, and you should explore your options immediately by calling Vinsko & Associates, P.C. today.
Our lawyers at Vinsko & Associates have litigated numerous mortgage foreclosure actions with results ranging from successful mediations to settlements to trial verdicts. Even if your property is almost at sheriff sale, there still may be some options. However, time is of the essence. If you think you are going to be sued in a mortgage foreclosure action or if you have already been served, do not wait. Contact Vinsko & Associates, P.C. now.