Foreclosures

Raleigh, North Carolina, Lawyers Representing Lenders in Foreclosures

Defaults and foreclosures are on the increase in North Carolina. The recent economic challenges brought on a wave of residential foreclosures nationwide. The business cycle continues to put businesses and jobs at risk, which has unfortunately resulted in default by both residential and commercial real estate borrowers.

Foreclosure is a legal proceeding that allows lenders to recapture the value of the real estate collateral upon which they based the loan. Handled correctly, foreclosure can be the most effective method banks and mortgage lenders can use to minimize their losses when borrowers default. However, there are strict rules that must be followed for foreclosures to be successful, and mistakes can add to the cost.

At Triangle Law Group, we provide thorough, organized legal services to lenders seeking to foreclose on real property. We know how to facilitate an efficient, cost-effective foreclosure proceeding. Our firm is a boutique firm serving North Carolina's business, construction and real estate industries.

Triangle Law Group can help you manage your foreclosure proceeding successfully. Contact us to schedule a consultation with a lawyer.

Managing Foreclosures Cost-Effectively

At Triangle Law Group, we extend our creative approach to foreclosures by bringing an unusual level of experience in real estate, construction and property law to the table. Attorney Laurie Gengo is a licensed real estate broker and former partner at Poyner & Spruill and, later, at The Sanford Holshouser Law Firm. At those large firms, she handled numerous real estate, environmental and litigation and economic development matters. Attorney Laura Page has substantial experience in lending, having served as in-house counsel to a lending firm.

The degree of experience offered by Triangle Law Group can be extremely helpful during the detailed and complex statutory process of foreclosure in North Carolina. Our experience allows us to recognize opportunities, such as the shortened foreclosure process available when there is power of sale language in a deed of trust.

Having an experienced attorney file and pursue foreclosures can expedite the process, saving time and costs. Failure to adhere to the foreclosure process can create unforeseen costs, including rejection of the petition.

We can help banks and lenders streamline many foreclosures and avoid unexpected costs. Our resources and devoted staff allow us to handle all types of foreclosure applications, and we can handle multiple petitions at one time. Whatever your needs, we will work with you to achieve a successful outcome.

Contact us today to schedule a consultation about our foreclosure services.