Foreclosure Attorneys in Las Vegas
Did You Receive a Notice of Default? Take Immediate Action to Save Your Home.
At Hurtik Law & Associates, our Las Vegas foreclosure attorneys fight on behalf of homeowners against lenders. With over 50 years of collective experience and a long history of solving complex legal battles for our clients, you can depend on our team to help you keep your home.
Foreclosure Prevention Options
Becoming a homeowner has always been a primary aspect of the American dream. However, due to the vulnerability of the economy in recent years, many Nevada residents have lost their homes. Whether you are at risk of foreclosure because of an illness, job loss, or some other unanticipated financial crisis, you deserve a chance at keeping your home.
The good news is that there are options available that can prevent your lender from foreclosing and selling your home. Our Las Vegas foreclosure attorneys can help you formulate an effective foreclosure defense plan.
Potential options available to stop foreclosure include:
- Loan modification
- Forbearance agreement
- Short sale
- Deed in Lieu of foreclosure
- Homeowner relief programs
- Hard money loans
- Home equity loans
- Pre-foreclosure equity sale
- Wrongful foreclosure action
Our experienced team can explain each of these options in more detail and help you determine the right course of action for your situation.
Contact Hurtik Law & Associates online or call (702) 323-5750 to set up a free consultation with our foreclosure lawyers in Las Vegas. We're backed by over 50 years of collective experience.
How Does Nonjudicial Foreclosure Work?
In Nevada, foreclosures may be judicial or nonjudicial. Most of the foreclosures in the state of Nevada are nonjudicial. Below is a quick overview of the nonjudicial foreclosure process in Nevada:
- Preforeclosure Notice
- Notice of Default (NOD) and Election to Sell
- Foreclosure Mediation
- Danger Notice
- Notice of Sale
- Foreclosure Sale
The lender will complete specific steps that happen out-of-court. When they are completed, the property will be sold at a foreclosure sale.
Will I Lose All Equity if My Home is Foreclosed?
If you are unable to save your house from been foreclosed on, you may still have the option to get back the equity that you put into your home. Equity is earned over time, as you pay into your mortgage you obtain more ownership of your home. In the event you are unable to prevent foreclosure, the equity left over after the sale, bills, fees, and any other expenses that go with foreclosure will belong to you. It's important to note that the more behind you are on your mortgage, the lower your equity will get.
Don’t Lose Your Home, Call Our Firm Today
If you find yourself facing the threat of foreclosure, do not try to deal with it alone. Lenders have a lot to gain by taking over your property and selling it. Turn to the Las Vegas foreclosure lawyers at Hurtik Law & Associates for the aggressive representation that you require.