Pre-foreclosure is the period of time between missing your first payment and the foreclosure lawsuit being filed.
In Ohio, all foreclosures are accomplished through a formal lawsuit, and “foreclosure” generally refers to the entire lawsuit process. The final part of that process is the sheriff’s sale, but the entire thing is the “foreclosure.” The pre-foreclosure phase is the one that occurs right before the lawsuit is filed. It is the best time to contact a lawyer for help.
During the pre-foreclosure phase, your monthly statements will likely include information about loan modifications and loss mitigation options. Once you are about 3 months behind, you can expect to receive a "notice of acceleration." That document gives your mortgage company the right to file the lawsuit. It allows you the opportunity to cure the default prior to the foreclosure lawsuit being filed.
Our lawyers are experienced in helping people in preforeclosure. Contact us today.
Sometimes people think that the sheriff’s sale is the most important part of the foreclosure, but that is just the procedural mechanism to sell the property. The sheriff’s sale is actually very late in the legal process, well after pre-foreclosure has passed. Hiring counsel at the point of pre-foreclosure is best because it offers more opportunities to get deals done. It also enables a firm like ours to explore whether filing new lawsuits will help your case.
"If you have any bank or legal firm trying to take your home, you must contact Troy Doucet. Troy is a powerhouse player in the trend of banks falsely foreclosing on homeowners and Columbus is LUCKY to have him here."
"My wife and I were on the verge of losing our home due to our mortgage company not wavering from lowering our mortgage rate. We tried various resources and services and nothing seemed to work until I found Mr. Doucet on a web search. Mr. Doucet and Audra did more for my family then they will ever imagine. They were able to lower our interest rate from 12.5% to 5% and made life much more enjoyable. I strongly suggest retainer this firm if you are having trouble with your mortgage company because they do not back down and will fight for your rights. Thanks again!"
Steve and Jennifer H.
"This was our first experience with foreclosure and we felt helpless. From the very beginning Mr. Doucet listened to our concerns, explained the options we could use in our defense and helped put our mind at ease. During every step of our case Troy and his team kept us informed about our options and what we could expect. They always made us feel that our case was as important to them as it was to us. My wife and I are very grateful for the hard work that Troy and his staff put into our case and would gladly recommend them to anyone that is facing foreclosure."
Sean and Kathy L.
Doucet Gerling Co LPA
We serve all of Ohio, including Columbus, Cleveland, Dublin, Worthington, Upper Arlington, Hilliard, Grove City, Westerville, New Albany, Gahanna, Delaware, Reynoldsburg, Whitehall, Short North, Union, Madison, Toledo, Cleveland, Akron, Dayton, Cincinnati, and others, Canton, Youngstown, Newark, Mt Vernon, Lancaster, Springfield, London, Circleville, Centerville, and others. We are a completely electronic office, meaning we can help throughout the state.
655 Metro Place South, Suite 600-9, Dublin, OH 43017