Shelby County Law Firm Offers Foreclosure Defense

Indiana Foreclosure Defense Attorneys Will Protect Your Rights

Shelby County residents facing foreclosure need experienced legal counsel on their side. The attorneys at Saeed & Little LLP in Indianapolis have over 60 years of cumulative experience with foreclosure issues, and they will help build a strong defense to help you keep your home.

Settlement Conference Basics

Once the foreclosure process has begun, homeowners have a right to a settlement conference with the foreclosing lender. If you want to try and settle with your lender, it is important that you contact the court within 30 days of receiving the foreclosure complaint. During this time, the lender will not be permitted to request a foreclosure judgment, but if you don't request a settlement conference within 30 days, then the lender will proceed with the foreclosure. You have a right to be represented by an attorney at the settlement conference.

The court will set the date, time and place for the settlement conference. Before the conference, you will need to:

• Fill out and sign the financial information forms provided by the court or your lender
• Gather copies of all the requested documentation and information

The lender's attorney will give you documents that list the amount required to reinstate your loan, and the amount needed to completely pay it off. You will be able to discuss all your options, including loan modification, short sale, or deed-in-lieu. If the settlement conference is not successful, the lender will continue the foreclosure process, your attorney will inform you of your foreclosure defense options, and you can still continue trying to negotiate with the lender.

If you live in Shelbyville, Indiana and under extreme stress due to the potential foreclosure of your home, contact the attorneys at Saeed & Little LLP online, or call 317-685-2426 to schedule your free initial telephone consultation to thoroughly review your options.