A mortgage foreclosure is the procedure by which the Bank, in the event of non-payment of the loan installments agreed upon with it, proceeds to directly foreclose the mortgaged assets, in order to obtain payment of the total amount of the loan, for which You will be forced to vacate the home so that the bank or a third party can keep it for collection.
Once started mortgage foreclosure through the lawsuit filed by the banking entity, the debtor will be given a period of time to proceed with payment. If you find yourself in this unpleasant situation in which you feel that you do not have any option that could paralyze this procedure, we advise you to contact our office as soon as possible, since there are more and more legal formulas to reach a solution that is the least harmful. for the debtor.
Thus, we will give you all the necessary information related to this procedure, we will do a study of your mortgage and the personal and economic circumstances in which you find yourself, since you should know that the legislation of recent times is very favorable. to consumers and users and that the existence of certain clauses in the mortgages for which it is executed, can become an effective tool to fight these types of procedures against the bank, becoming a real reason to fight against the banks. performer.
For this reason, it is important to make a prior assessment of the circumstances through which we can identify the reason for opposing the execution, achieving its suspension, since there are very varied clauses that we can classify as abusive and that can be found inserted in its mortgage without you even having knowledge of it, such as the well-known floor clauses, early maturity clauses, default interest clause establishing a limit above the legal one, unilateral debt settlement clause and other clauses that due to their lack of transparency in which they were incorporated and other circumstances make them null, a reason that legitimizes us to oppose the mortgage foreclosure.
In addition to this, there are many clients who have trusted our work, in the search for the best formula that allows us to resolve this situation with the least harmful solution for the debtors, as is the case of the negotiation with the bank regarding the payment of the home, or the dación en pago, by which the debtor delivers the property in exchange for settling the debt with the banking entity.
All of this must be assessed in each case by our lawyers in Murcia, since there are many existing options, and even more so after the approval of the Mortgage Debtor Protection Law, recent jurisprudence and European regulations, aimed at protecting consumers and users in certain circumstances, who are forced to lose their home, opening new procedural options.
