A foreclosure is a legal process initiated by a bank or mortgage lender, taxing authority, or a homeowner or condo association, when there is a default under the terms of a Note and Mortgage, tax obligation, or responsibilities to an association per recorded declarations.  The primary purpose of a foreclosure action is to recoup losses by foreclosing the collateral or property.  In essence, foreclosure serves as a mechanism to recover losses through sale of the property.  

For those facing foreclosure, it can be an intimidating and distressing experience. It can result in the loss of their home, damage to their credit, and significant financial and emotional stress. However, it’s crucial to remember that there are legal defenses and strategies available to protect your rights and interests during the foreclosure process or, alternatively, extend the process to allow you time to find alternative arrangements.

At MPC LAW, we focus our practice on foreclosure defense, and our mission is to unravel the sophisticated methods used in foreclosure, secure successful outcomes for our clients, and bring peace of mind to those defending foreclosure.  We understand the distress that foreclosures can bring, and we are here to provide the support and guidance needed to find a way forward.