American Residential Law Group Announces New Options for Homeowners in Foreclosure

American Residential Law Group has today announced that homeowners involved in foreclosure on their home have new options available to help them retain homeownership.

Fort Lauderdale, FL (PRWEB) March 5, 2010 -- American Residential Law Group has announced that homeowners in foreclosure with the lien holder on their home have new options that can enable them to remain within their home. Retaining homeownership does not have to be an impossibility, even if the foreclosure process is already underway.

The housing market remains in turmoil, with an increasing number of homeowners finding themselves unable to meet their financial obligations. The usual procedure is for the lien holder to initiate foreclosure proceedings, after a certain number of payments have been missed by the homeowner. However, American Residential Law Group provides homeowners with a possible means of avoiding this painful, difficult situation.

The housing market remains in turmoil, with an increasing number of homeowners finding themselves unable to meet their financial obligations.

In order to protect the rights of homeowners, the Truth In Lending Act and the Real Estate Settlement Procedures Act were initiated. However, these acts are often violated by mortgage companies and other lenders. These violations can provide homeowners with substantial recompense and damages. In fact, these very violations can often help a homeowner remain in their home, even if foreclosure proceedings have been initiated by the lien holder.

In certain instances, violations of the Truth In Lending Act can actually be used to stop a foreclosure. In other instances, violations of these two acts can help homeowners avoid the pitfalls and damage that occur with filing bankruptcy, as well as providing them with the means to retain ownership of their home. Dispute settlement usually occurs very quickly, once legal violations are discovered within a loan document.

American Residential Law Group stresses that an enormous number of home mortgages contain these violations and urges homeowners within foreclosure, and those in danger of foreclosure, to obtain the legal help required to ensure continued homeownership.

To learn more about home mortgage violations and how American Residential Law Group can be of assistance to you, visit them at http://www.ARLGNow.com.

About American Residential Law Group: American Residential Law Group is a law firm that strives to provide the community with legal assistance and all the benefits to which consumers are entitled under the law. With a considerable background in all areas of consumer advocacy, American Residential Law Group remains dedicated to providing integrity and excellence for their clients, and increasing their quality of life.

See Also:

• Small Business Social Media Optimization Service
• GlobalSign to Demonstrate Online Security Solutions to Educational Institutes at NERCOMP Conference
• AME Church Settles Sexual Molestation Lawsuit in Los Angeles, CA
• What You Know Can Hurt You: EmployeeScreenIQ Releases White Paper on Dangers of Recruiting Via Facebook
• eBillingHub� Continues to Advance Automated eBill Submission Capabilities Through Bridgeway Integration

[Via Legal / Law]

generic medications | buy kamagra uk | cialis super active