Top Indianapolis, IN Judicial Foreclosure Lawyers Near You

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Indianapolis Judicial Foreclosure Information

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Lead Counsel Verified Attorneys In Indianapolis

Lead Counsel independently verifies Judicial Foreclosure attorneys in Indianapolis by conferring with Indiana bar associations and conducting annual reviews to confirm that an attorney practices in their advertised practice areas and possesses a valid bar license for the appropriate jurisdictions.

Find a Indianapolis Judicial Foreclosure Attorney in your area

The Process of Judicial Foreclosure

A judicial foreclosure on property occurs when the lender petitions the court for a judgment to foreclose on a mortgage or trust deed. This type of foreclosure allows the lender to have a deficiency judgment to legally recover any amount remaining after the property is sold. Judicial foreclosure law can vary from state to state.

Is Your House Being Judicially Foreclosed?

If you are faced with a judicial foreclosure, contact an Indianapolis lawyer who handles judicial foreclosure cases. Your lawyer can prepare and present the required pleadings and other documents as the case progresses, form your defense and aggressively pursue your interest in the property.

How an Attorney Can Help

An attorney can often resolve your particular legal issue faster and better than trying to do it alone. A lawyer can help you navigate the legal system, while avoiding costly mistakes or procedural errors. You should seek out an attorney whose practice focuses on the area of law most relevant to your issue.

How to Prepare for Your Initial Consultation

Prepare for your consultation by writing down notes of your understanding of the case, jot down questions and concerns for the attorney, and gather your documents. Remember that you are trying to get a sense of whether the attorney has your trust and can help you address your legal issues. Questions should include how the attorney intends to resolve your issue, how many years he/she has been practicing law and specifically practicing in your area, as well as how many cases similar to yours the attorney has handled. It can also be helpful to broach the subject of fees so that you understand the likely cost and structure of your representation by a specific attorney and/or legal team.

Types of legal fees:

Bill by the hour: Many attorneys bill by the hour. How much an attorney bills you per hour will vary based on a number of factors. For instance, an attorney’s hourly fee may fluctuate based on whether that hour is spent representing you in court or doing research on your case. Attorneys in one practice area may bill you more than attorneys in a different practice area.

Contingent fee: Some lawyers will accept payment via contingent fee. In this arrangement, the lawyer receives a percentage of the total monetary recovery if you win your lawsuit. In sum, the lawyer only gets paid if you win. Contingent fee agreements are limited to specific practice areas in civil law.

Flat fee: For “routine” legal work where the attorney generally knows the amount of time and resources necessary to complete the task, he/she may be willing to bill you a flat fee for services performed.

Common legal terms explained

Personal jurisdiction – Requirement that a particular court have authority over a person, in order to bind that person to the judgment of the court, based on minimum contacts. International Shoe Co v. Washington is a landmark Supreme Court case outlining the scope of a state court’s reach in personal jurisdiction.

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