When most people think about foreclosures in Solano 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 Solano 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 Solano County commercial foreclosure defense attorney could help suggest a plan for the future.
Contract Disputes
Agreements play a major role in any property transaction. Whether one has recently purchased or sold property, signed a rental agreement, or are involved in land development contracts, enforcing one’s rights through contracts is essential. Sadly, disputes related to such matters often call for litigation to safeguard your rights. In such cases, a knowledgeable attorney can be a beneficial ally.
Contract disputes can adversely impact both a company or an individual’s financial situation. With the aid of a experienced agreement dispute attorney in your area, conflicting parties may be able to reach a mutual agreement and perhaps settle the dispute amicably. However, in some cases, lodging a claim in a civil court is essential to enforce your interests under the agreement. Throughout such instances, an experienced legal professional can help in convincing the court and panel to assess the contract in a beneficial manner as well as ultimately achieve a positive outcome.
Land Use
Litigation related to land use involves disputes between private parties and other property owners or government bodies related to the legal use of property. These usually involve alleged violations of state, federal, or local laws that govern how an owner may 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 necessary.
This is where a seasoned legal professional may be able to help. An Solano 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. The simple fact is that 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 promptly stop and compensate you for your losses.
Once retained, an Solano 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 knows the laws even if the banks and courts don’t recognize. Our experienced foreclosure lawyers in Solano County use these laws to protect the homeowner and their family from losing their homes. We possess a successful record and we potentially could assist you too.
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 then ask a court to create a deficiency judgement. This could leave you responsible for the remaining payments.
An Solano 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 Solano 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
An alternative strategy involves contesting dispute the legal processes that the lender has used to initiate the foreclosure. A both of state and federal laws outlines the steps which a lender must take to initiate foreclosure cases. Provided that they have failed in following these steps, an experienced commercial foreclosure defense lawyer in Solano County could pursue viable legal action to halt the foreclosure and enable your company to remain in 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 Solano 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 Solano 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 experienced Solano County commercial foreclosure defense attorney could explain your legal alternatives and advise which option may be right for you. This might include negotiating a new contract with your bank, challenging the foreclosure proceedings within court, and possibly filing for a insolvency situation that might aid retain your rights to continue running trade or give an way out from excessive debt. Contact them immediately to investigate your options.