If you have fallen into foreclosure and want to stop foreclosure, your first instinct will most likely be to try to mitigate the loss yourself and try to stop the foreclosure process. You may be inclined to seek a loan modification on your own and try to work with the lender, negotiating on your own behalf.

There are several reasons why you have an attorney advantage when you are seeking to negotiate with your lender to save your home and stop foreclosure. The attorney advantage to stop foreclosure through loss mitigation includes:

Lenders are very understaffed. There are too many foreclosures on the books and not enough new loans to justify hiring more people. As a result, the lenders are understaffed and not enough people are available to return phone calls. When an attorney calls, however, the lender is more likely to pick up the phone and return the call. Attorneys usually get results for a variety of reasons. The main reason is that when people who are dealing with an attorney, they know that they are dealing with a person who has knowledge of the law and means business. The bottom line is that if you want to stop foreclosure, an attorney will most likely have better luck at getting to a decision maker in your company than you will.

Just as you should not represent yourself in court, you should not represent yourself when negotiating on your own behalf. You have an emotional investment at stake that can cloud your judgment. An attorney is a third party, is used to tough negotiations and will act on your behalf without a clouded judgment. While you may be tempted to settle for less to save your home from foreclosure, an attorney is likely to press for more, often succeeding. You can stop foreclosure easier if you are not emotionally involved.

Attorneys understand the foreclosure law in your state and what must be done to stop foreclosure. This takes years of study and is not something that you can learn overnight. This knowledge is very powerful because it can give you options to stop foreclosure and can be used to negotiate on your behalf with the lender. Because they understand the implications in foreclosure law, they can use certain scenarios in the law to negotiate with the lender on your behalf to stop foreclosure.

When you are seeking loss mitigation specialists to represent you to stop foreclosure, you should seek one that has attorneys on staff. At 1st Foreclosure Prevention, our staff does not only include certified loss mitigation specialists, but attorneys as well. Our team can negotiate for you and help you stop foreclosure, even if you are already involved in the foreclosure process.

ISeek out a free foreclosure evaluation from our team of loss mitigation specialists today and learn what you can do to stop foreclosure by discovering your options.