Are there any Foreclosure Laws that protect the elderly in CA for being victimized by unethical Loan Officers?

In response to a massive number of foreclosures, many states, including California, have passed foreclosure laws designed to help individuals to remain in their homes.  The California Foreclosure Prevention Act of 2009 offers individuals in foreclosure additional time to try and restructure their loans.  There are other forms of government foreclosure help in the form of predatory lending laws that attempt to prevent creditors from tricking individuals into signing a risky or illegal loan.

A foreclosure attorney can advise which approach would offer the most assistance to your parents.  An attorney in this area will be familiar with the various methods of delaying a foreclosure proceeding and with the laws that might offer protection to people in your parents’ situation.  Although it is easier to address foreclosure before the process actually begins, California foreclosure laws are designed to offer individuals assistance once the process has stared.