If you are facing foreclosure in Minnesota, there is one fact that is important for you to know: You are not alone. You may not know of anyone who has faced foreclosure, and foreclosure may not be something that is often talked about in your circle of friends or in your workplace. However, others whom you know and respect may also be facing foreclosures.

It is important not to let your feelings about foreclosure cloud your judgment. Instead, know that foreclosure is a business decision made by banks against you and others, and contact an experienced Minneapolis foreclosure attorney to discuss your rights and options.

Foreclosure is a Problem for Many American Homeowners and Families
Need more proof that you are not alone? Consider the following statistics based on information from the Mortgage Bankers Association and reported by the FDIC:

  • One out of every 200 U.S. homes will be foreclosed.
  • Every quarter, approximately a quarter-million new families enter foreclosure.
  • Approximately 1 child in every United States classroom is at risk of losing his or her home because his or her parents are having trouble making mortgage payments.

Of course, you don’t want anyone else to suffer the financial stress you are currently facing, but it is important to know you are not alone and others are facing similar situations.

How to Contact a Minneapolis Foreclosure Attorney for Help
Just as you are not the only one to receive a foreclosure warning, you should not be alone when deciding what to do about that foreclosure warning. An experienced and empathetic Minneapolis foreclosure lawyer can help you understand your legal rights and make the decisions that are best for you and your family.

To learn more, we encourage you to contact our Minneapolis foreclosure law firm today at MN (952) 920-1001 or AZ (480) 207-2203.