When most people think about foreclosures in Contra Costa County that threaten to seize real estate, they think about a family’s home. However, many businesses also sign mortgage agreements for commercial property. The fact is that the banks and other lenders who front the money for these purchases have the same right to seize land from businesses as they do from families.
An Contra Costa County commercial foreclosure defense lawyer may be able to help business owners who have fallen behind on their payments. The dedicated foreclosure attorneys at our firm could explore your current financial situation, explain how foreclosure laws work in the commercial sector, represent your best interests during negotiations, and file formal legal challenges to your case.
Working with Businesses to Provide Financial Analysis
Businesses may fall behind on their mortgages for many reasons. For some, temporary economic downturns may have led to a short-term lack of funds. For others, systemic problems with their business models may make future profits difficult to imagine. By examining a company’s finances in detail, an Contra Costa County commercial foreclosure defense attorney could help suggest a plan for the future.
Contract Disputes
Contracts play a major role when it comes to any property transaction. Regardless of whether one has recently bought or sold property, have entered into a rental agreement, or have a contract to build on land, enforcing your rights via the agreement is essential. Unfortunately, disputes related to such matters usually call for litigation to safeguard your legal rights. In such cases, a knowledgeable attorney can be a beneficial ally.
Contract disputes can negatively affect either a business or an individual’s financial situation. By retaining the services of a skilled agreement dispute lawyer in your county, opposing parties might reach a mutual agreement and possibly settle the dispute peacefully. Nevertheless, in some instances, bringing a claim in a civil court may be necessary to protect your rights under the agreement. Throughout such times, an experienced law professional can help in persuading the court and panel to interpret the agreement in a favorable manner as well as eventually achieve a positive resolution.
Land Use
Disputes involving land use concerns conflicts among individuals and additional landowners or the government regarding the legal use of land. These generally entail alleged breaches of state, federal, or local laws that govern an owner’s ability to utilize or develop the land. If the two parties are unable to come to a settlement as to how to settle the dispute, litigation may become essential.
This is where a seasoned legal professional may be able to help. An Contra Costa County land use litigation lawyer could evaluate the laws that control the issue at hand and compare them to the actions of all parties. They could then file all necessary court documents and present arguments before judges and juries that help support your position
Property And Neighbor Dispute
Owning property or living in a rented space may mean dealing with difficult neighbors or landlords. In other words, you have {the} right to quiet enjoyment of your living space and the right to expect reasonable protection of your property. People who violate these rights must immediately stop and compensate you for your losses.
Once retained, an Contra Costa County property and neighbor dispute lawyer at Estavillo Law Group could help you protect those rights. Our knowledgeable team of attorneys could explain the laws that grant you protection, evaluate the actions of others, and demand reasonable resolutions during negotiations or court sessions.
Foreclosure
The Estavillo Law Group has a deep understanding of the laws despite the fact that the banks and courts do not recognize. Our expert foreclosure lawyers in Contra Costa County apply these laws to defend the homeowner and their family against losing their homes. We possess a successful history and we potentially could help you also.
If you are facing a foreclosure or have questions regarding foreclosure please contact us for a free 15 minute phone consultation. It is never too late to try and save your home. The Estavillo Law Group has had great success at representing clients facing an imminent foreclosure even hours before the home was to be sold.
Deficiency Judgement
The foreclosure on your real estate may seem to be the end of your financial problems. However, if a subsequent sale of the property fails to bring funds sufficient to cover your debts, the lender may subsequently ask a court to create a deficiency judgement. This could leave you responsible for the remaining payments.
An Contra Costa County deficiency judgement lawyer could help contest the creation or legality of these orders. They could argue that the law does not allow their creation due to the type of loan or that the kind of property itself is exempt from these collection efforts.
Property Tax
An alleged failure to pay taxes can have serious legal consequences. Not least among these is the ability of the government to attach your real estate to this debt. If this attachment still does not result in a proper payment, the government may move to foreclose on the property.
An Contra Costa County property tax foreclosure lawyer is prepared to help. They could work to dispute the legality of the lien, evaluate payments that you have made on your taxes, and even negotiate a settlement with the tax authorities that could result in the end of the lien that led to the foreclosure case.
Options that Allow the Business to Remain in Possession of the Land
One approach is to dispute any legal processes which the lender has used to initiate the foreclosure. A a mix of state and federal laws detail the steps that a lender must take in order to initiate foreclosure cases. Provided that they have failed in following these steps, an experienced commercial foreclosure defense lawyer in Contra Costa County may pursue suitable legal action in order to stop the foreclosure and allow your company to continue business.
Choices that May Allow a Business Owner to Escape Debt
Business owners may come to the realization that no amount of negotiation or legal action will allow them to continue to make payments on a mortgage. When this happens, it may be best to pursue bankruptcy as an option. For small business owners, a common Chapter 7 or Chapter 13 bankruptcy could see the discharge of business debt in the form of mortgage payments.
When a company is not tied to an individual’s finances, a Chapter 11 case will see a court overseeing the reorganization of a business’s assets. In some cases, this will see a court ordering the sale of a physical location in exchange for the discharge of debt. A professional foreclosure defense attorney in Contra Costa County could help determine if a bankruptcy case is the best option to avoid the long-term financial penalties involved in a foreclosure.
Reach Out to an Contra Costa County Commercial Foreclosure Defense Attorney Now
Businesses can fall behind on mortgage payments for a variety of reasons. Regardless of your exact circumstances, you need to act quickly to protect your property rights and long-term finances.
An expert Contra Costa County commercial foreclosure defense attorney can clarify your legal alternatives and suggest which option might be appropriate for you. This might entail negotiating a new deal with your bank, battling the foreclosure process in court, and possibly filing for a credit situation that might aid retain your rights to keep running trade or offer an way out from excessive financial obligation. Contact them right now to examine your options.