Foreclosure Attorney Columbia, SC

Are You in Need of Default Services?

The foreclosure division's primary goal is to process a volume of commercial and residential foreclosure matters statewide as quickly and efficiently as possible, and to provide quality legal services in the shortest period of time at the least expense to the client.

What Are South Carolina Foreclosure Laws?

First, it's important to note that South Carolina is a judicial foreclosure jurisdiction. State law mandates that a creditor must take a borrow to court to prove it is within their right to foreclose on a property. However, because South Carolina is a judicial foreclosure state, the borrower is able to file a counterclaim.

In some states, borrows are given a right to redemption, which gives them the ability to buy back a property that has been foreclosed on, even if the foreclosure has been completed. This right to redemption only lasts for a predetermined period of time. However, South Carolina does not permit borrows the right to redemption. As soon as a foreclosure sale is complete, the borrow has no rights to the property. This is often referred to as the "Hammer Rule."

Additionally, South Carolina gives mortgage lenders the right to seek deficiency judgements. These can occur when the price of the foreclosure is not enough to meet the full amount that the borrower still owes the lender. Therefore, the lender is permitted to hold the borrower liable to pay the difference. At the same time, borrowers have appraisal rights if a creditor deems the foreclosure sale price deficient. They can ask that the fair market value of the property is calculated when determining deficiency.

Why Choose Finkel Law Firm LLC to Assist with Default Services?

• Over 50 years of service handling cases with a high level of skill
• Award-winning lawyers, with inclusions in Best Lawyers® and Super Lawyers®
• Attentive, personalized legal services for individuals and businesses
• Committed to helping clients plan for a better tomorrow

CLIENT REPORTING

The client is provided with information on the progress of its cases throughout the process and is sent copies of all pleadings and any pertinent correspondence and cross-claims or counterclaims brought by any defendant. The client is also provided with monthly reports. The type and frequency of these reports are adapted to the client's needs. These reports may consist of individual case summaries and aged spreadsheet reports.

COMMERCIAL OR COMPLEX MATTERS

Occasionally, foreclosure matters will become involved, contested, or complex. The foreclosure division coordinates with the Firm's litigation division in the event that the matter becomes contested. At this juncture, we discuss the parameters of the issues thoroughly with the client, the steps that we recommend be taken, and the approximate time and cost. The client can then make an informed decision on how it wishes to proceed.

RESIDENTIAL FORECLOSURES

Time: Routine foreclosure matters are processed in approximately 120 to 180 days from the date that we receive the referral to conclusion.

If your Loan has been referred to our law office to begin a foreclosure proceeding, you may contact our office if you'd like information regarding: (1) Reinstating your account in full (completely catching up the delinquency including attorney fees & costs); (2) Paying off your account in full; or (3) Other loss mitigation options that may be available through your mortgage company. However, our firm cannot provide to you any legal advice. If you need legal advice you must consult your own attorney.

When contacting our office, include a detailed message including your name, loan number, property address, what type of information you want (whether you want reinstatement figures, payoff figures, or information on loss mitigation options that may be available through your mortgage company), and to which address you want the information sent to you. If you email, fax or mail your request you may also need to complete additional forms.

Contact Our Columbia Foreclosure Attorney

You may contact our office using any one of the following methods:

1. By email: Please email the above information and mortgagor form to quotes@finkellaw.com
2. By fax: Please fax the mortgagor form to Finkel Law Firm LLC ATTN: Foreclosure Loss Mitigation at (866) 755-3844. If you don't have the attached form, please simply fax to us a detailed message including your name, loan number, property address, what type of information you want (whether you want reinstatement figures, payoff figures, or information on loss mitigation options that may be available through your mortgage company), and to which address you want the information mailed.
3. By telephone: Please call our Loss Mitigation Department at (843) 576-4325. Please be prepared to give your name, loan number, property address, what type of information you want (whether you want reinstatement figures, payoff figures, or information on loss mitigation options that may be available through your mortgage company), and to which address you want the information mailed.
4. By hand delivery or U.S. Mail: For reinstatement and/or payoff figures only - Please fill out and sign the attached Form A and return it to us in person or send it to the address listed on Form A: Finkel Law Firm LLC, ATTN: Foreclosure Loss Mitigation, P. O. Box 71727, Charleston, SC 29415.

PLEASE NOTE: In any case, please allow 5-7 business days for your request to be processed. If you do not receive a response from our office within 5 to 7 business days, please call and ask for our Foreclosure Loss Mitigation Specialist at (843) 576-4325. Reinstatement and/or payoff figures can only be sent to you by U.S. Mail unless you request in writing on the attached form that they be faxed/e-mailed to you.

DISCLAIMERS: The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. Contacting us does not create an attorney-client relationship.

THIS FIRM COLLECTS DEBT FOR MORTGAGE LENDERS, ANY INFORMATION OBTAINED WILL BE USED FOR THAT PURPOSE.

Disclaimer: The below is a list of upcoming foreclosure sales. PLEASE NOTE that neither the Plaintiff, nor the Plaintiff's attorney, makes any warranty to third party bidders regarding the status of title. Please also note the following list is SUBJECT TO CHANGE, as properties may be withdrawn prior to sale, the status of deficiency judgment requests may change, and our clients bidding instructions may change. The following list is for general information purposes only, and is not intended to be relied upon exclusively by potential bidders. All potential bidders are encouraged to independently investigate any properties on which they intend to bid. These bids are subject to change and need to be verified with the Plaintiff's bidding agent at the foreclosure sale. Finkel Law Firm LLC does not guarantee the status of manufactured home titles. Finkel Law Firm LLC does not guarantee the dates and times of the foreclosure sales.

• September 2024 Foreclosure Listings
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• April 2024 Foreclosure Listings