Defend Against Mortgage Foreclosure

Wisconsin residents who are behind on their mortgage payments are well aware that lending companies will quickly begin a foreclosure action against them.

If you are unable to address your mortgage payments, you should meet with one of our experienced mortgage foreclosure defense lawyers at The Law Office of Rollie R. Hanson, S.C.

Understanding The Laws And Regulations

Many homeowners experience mortgage payment issues due to mortgage servicing companies having outdated software. One mistake within their software can have a ripple effect that negatively impacts individuals with mortgages who have actually done all the right things. Other times, individuals fall behind on payments due to personal hardships.

Wisconsin’s mortgage foreclosure statutes specify that:

  • Lenders can initiate a judicial foreclosure proceeding to obtain a judgment of foreclosure for failure to pay delinquent mortgage payments.
  • Usually, the foreclosure sale may take place six months after the foreclosure judgment is entered by the court.
  • Borrowers may contest the foreclosure to prevent the bank from getting a foreclosure judgment.
  • The foreclosure sale is known as a sheriff’s sale because the county sheriff’s department conducts the sale.
  • The lender must follow specific procedures in order to set up a sheriff’s sale, including appropriate public notice of the sale.
  • In many cases, the borrower has the right to reinstate the mortgage at any time by bringing the account current prior to the sheriff’s sale.
  • In some cases, the borrower may be required to pay the full amount due in order to redeem the property.

It may not be too late for you to protect your home from foreclosure. There are many programs implemented by the state of Wisconsin and the federal government that provide support for you to avoid losing your home.

Learn About Your Options

If you are facing a foreclosure — whether you are behind on your payments or there was a glitch in the lender’s system — you should contact our office today. Call us directly at 414-321-9733 or schedule a consultation through our online submission form. We are ready to help you defend against foreclosure.