Non-Judicial Foreclosure

Guiding Banks through Foreclosure Proceedings

With the downturn in the housing market and the struggling economy, many homeowners are becoming unable to make their mortgage loan payments. When homeowners default on these payments, banks and other lenders are left with few options other than foreclosure.

In California, most foreclosures occur outside of the courtroom. In non-judicial foreclosure proceedings, the lender simply reclaims the property, without the need to obtain court approval. At the Law Offices of H. Michael Soroy, we represent out-of-state banks that hold mortgages in California.

When banks want to pursue non-judicial foreclosure, we supervise and monitor the situation to ensure they are complying with California laws. Contact our offices today to discuss your concerns with one of our lawyers.

At the outset of our representation, we review the mortgage paper, deed of trust, and note to ensure that these documents are correct, and that the banks have met all requirements under California law. Throughout the process, we advise banks to ensure that they provide proper notice to homeowners.

We take a pragmatic, results-oriented approach to handling these matters. We understand that the goal is not to waste time and money addressing frivolous issues, but instead to move through the non-judicial foreclosure process as quickly as possible.

As experienced real estate attorneys, we are familiar with the state rules and regulations governing all types of real estate matters — including the requirements for non-judicial foreclosure proceedings. Accordingly, we can advise clients of the likely outcomes of any actions, based upon our personal experiences handling these matters.

To discuss your concerns with one of our attorneys, contact us today through email or call us at 310.444.7750 for a free consultation.