{"id":36125,"date":"2021-09-28T23:21:41","date_gmt":"2021-09-29T06:21:41","guid":{"rendered":"https:\/\/pdxlegal.com\/?page_id=36125"},"modified":"2022-01-07T04:45:27","modified_gmt":"2022-01-07T12:45:27","slug":"respa","status":"publish","type":"page","link":"https:\/\/pdxlegal.com\/foreclosure-defense\/respa\/","title":{"rendered":"Real Estate Settlement Procedures Act in Portland, Oregon"},"content":{"rendered":"
Individuals who are struggling financially often have trouble paying back debts including their home mortgage. Debtors who cannot make monthly payments are at risk of facing foreclosure<\/strong>, which is a highly complex made more difficult by a lack of information from the mortgage lender. This is where the Real Estate Settlement Procedures Act can help those who are dealing with an impending home foreclosure. Connect with our Portland RESPA attorneys to know more.<\/p>\n The Real Estate Settlement Procedures Act of 1974<\/a> requires lenders, mortgage brokers, or providers of home loans to provide borrowers with timely and adequate information about the nature and costs of the mortgage accounting<\/strong>. The act also prohibits certain practices, such as kickbacks, and puts a limitation on the use of escrow accounts. <\/p>\n Consult with knowledgeable Oregon bankruptcy lawyers<\/a> who will look into your financial situation and give your case the attention it deserves. We have extensive experience in helping individuals who are in a dispute with their mortgage lender about the accounting of their loan. We can help you take action to avoid foreclosure<\/a> and improve your financial situation.<\/p>\n If you are struggling with debt and you are behind on your mortgage or facing foreclosure, call us today at Michael D. O\u2019Brien & Associates, P.C. <\/a>by dialing 503-694-4445<\/a>. Our seasoned Portland OR foreclosure attorneys can assess your financial situation and help you decide the best course of action to take<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n Due to the current economic situation, many Oregon homeowners are interested in the process of foreclosure prevention<\/strong><\/a>. One of the things they worry about is the threat of a lawsuit<\/strong>, which their lender may file to recover any deficiency in their payments. Aside from dealing with a lawsuit, this can also leave you without a home, which can be very stressful.<\/p>\n A reliable Oregon RESPA attorney from our Oregon law office can help you fully understand the legal consequences of having your real property foreclosed and, more importantly, what you can do to stop it. Call us at 503-694-4445<\/a> to schedule a case evaluation today.<\/p>\n Since not many are familiar with the legal process of a home foreclosure, you would likely have several foreclosure questions<\/a>. Have these questions answered by contacting us at Michael D. O\u2019Brien & Associates. Our RESPA attorneys and bankruptcy lawyers in Portland, OR<\/a> will be glad to assist you.<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n
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