A lawyer with a specialization in foreclosures is usually rare, but due to the amount of foreclosures occurring across the nation, there is now more defense lawyers to choose from…so choose carefully.
A good foreclosure lawyer will understand not only the Truth-In-Lending Act, state law, Real Estate Settlement Procedures Act but also be an active member of the foreclosure defense bar, which the most active of the groups is the National Association of Consumer Advocates (a group of national lawyers working to increase the quality of consumer protection).
With this evolving field, it can be easy to get left out of new developments in the law. Lawyers now must even study securitization and understand it completely to make the best equipped defense in foreclosure law.
Don’t take any shortcuts when hiring a foreclosure lawyer.