The Ribstein & Hogan Law Firm represents lenders and owners in foreclosure, workouts and mortgage lending. We can initiate or defend foreclosure actions or advise and represent clients in negotiating a less drastic solution. We represent homeowners, commercial property owners and banks throughout eastern South Dakota. Our attorneys have substantial experience in real estate law.
REPRESENTING BANKS IN FORECLOSURE AND ALTERNATIVES
We serve as counsel to both banks and credit unions. If foreclosure is necessary we can assist in taking the proper steps to force the sale of the property. Our attorneys can represent lenders in loan documentation, advise on regulatory requirements and represent lenders in the foreclosure process and litigation. Call Ribstein & Hogan Law Firm to discuss your rights, remedies and the South Dakota Foreclosure Process and Procedure.
REPRESENTING INDIVIDUALS IN FORECLOSURE
The most important question is whether the property owner wants to stay or go? If a property owner wishes to keep your home or mortgaged commercial building, we can help you analyze if it is feasible and advise you on how to make it happen.
On behalf of owners, we can explore:
- A loan workout or loan modification program (mortgage refinancing)
- Refinancing with a new lender
- Chapter 13 bankruptcy, which lets you keep the home and pay mortgage arrears over time
- A short sale or deed in lieu of foreclosure, enabling you to escape from a mortgage you can't sustain
- Foreclosure defenses