According to SoFi Learn, almost 250,000 foreclosures were initiated in the U.S. in 2022. This is a 169% increase from the previous year. With so many foreclosures, it's essential to get help from a foreclosure attorney in order to protect homeowners. Knowing when it's time to call a foreclosure attorney can help make the situation more manageable and less stressful. Here are some signs that indicate it may be time to contact a foreclosure attorney.

1. You've Missed Payments on Your Mortgage

If you've missed payments on your mortgage, then it's time to call a foreclosure attorney. Foreclosure usually begins when you're four months behind on payments. Once the foreclosure process is started, an attorney can help you negotiate with your lender to make arrangements and keep your home from being taken away.

2. You've Received A Notice of Foreclosure

Once the lender has filed a notice of foreclosure, it's time to contact a foreclosure attorney. Foreclosure attorneys are experienced in helping homeowners and they understand the laws and regulations pertaining to foreclosure proceedings. An attorney can represent you and help you fight to keep your home.

3. You Have Questions or Don't Understand Your Rights

If you don't understand your rights as a homeowner or have questions about the foreclosure process, then it's important to call an attorney. Foreclosure attorneys can explain the laws and regulations in detail and give advice on how to protect yourself throughout the process. They can also help you negotiate with the lender to make arrangements that can help prevent foreclosure.

4. You Have Limited Time to Respond

Foreclosure proceedings move quickly and if you don't respond in time, you could lose your home. If you're running out of time to respond, then it's important to contact a foreclosure attorney as quickly as possible. An attorney can help you understand the time frames and deadlines and make sure you take steps to protect yourself. In addition, an attorney can help you negotiate with the lender to make arrangements and potentially save your home.

These are just some of the signs that indicate it's time to call a foreclosure attorney. Foreclosure attorneys have experience in protecting homeowners and they know the laws and regulations that apply to foreclosure proceedings. If you're in danger of losing your home, contact a foreclosure attorney as soon as possible. For more help, call us today to get started.