Skilled, Efficient Attorney for Texas Real Property Foreclosures
Delinquent mortgages and home foreclosures have risen across Texas and the nation, and defaults on commercial real estate loans also become common in challenging economic times. Our Dallas law firm, led by respected real estate lawyer Gaylene Rogers Lonergan, is a strong resource for lenders who must take action to protect their financial interests.
For sound, resourceful legal counsel and action to deal with nonperforming mortgages and other loans, you can turn to us at The Lonergan Law Firm, P.L.L.C.
Workout Negotiations — Short Sales — All Aspects of Foreclosure
We represent institutional and individual lenders in connection with real property foreclosure sales as well as other actions to deal with delinquent home loans and nonpayment of notes on commercial property. With decades of experience in Texas real estate law, we are well equipped to:
- Research and analyze your specific circumstances and explain all viable legal options
- Represent you in loan modification or "workout" negotiations with the borrower
- Assist in short sales to recover as much of your investment as possible
- Thoroughly review all aspects of a deed in lieu of foreclosure or other proposed solution before you accept the transaction and terms
- Pursue and complete foreclosure proceedings driven by delinquent home equity loans
We Know Your Legal Options for Pursuing Payment and Recovering Property
We are also a proven collections law firm knowledgeable in how best to pursue a deficiency judgment — or your creditors' rights in federal bankruptcy court. We are adept at taking action to recover your property and as much money as possible for you.
With the right attorney on your side, you can take advantage of the fact that Texas law enables a relatively fast foreclosure process. Our statutory system allows completion of a foreclosure in as few as 41 days — a process that can take four months in other states. Our thorough understanding of the legal requirements of foreclosure enables us to help resolve your problems with maximize efficiency.
As a full-service real estate resource for you, we step in to deal with both the foreclosure lawsuit and non-judicial requirements relevant to your property and loan. Whether you need help with a single foreclosure or you are a lender with ongoing needs in this area, we invite you to consult with us for practical guidance and decisive action.
