When a homeowner in Iowa fails to meet his or her mortgage obligations, lenders must go to court for a judicial foreclosure.

In this procedure, Iowa homeowners are issued a final judgment on their home foreclosure. Along with the procedure, a lis pendens or pending legal action suit is also filed on the foreclosed property to inform other interested parties that a certain property is undergoing a legal procedure. After the foreclosure procedure has been completed, the property is then made available through auctions. This process can be delayed through various legal processes, such as bankruptcy, contesting the action, and requesting a postponement of proceedings.

At Hong Law, PLC, our lawyers work for homeowners in Cedar Rapids who are facing foreclosure. If you are in a difficult situation like this, we may possibly offer you legal solutions to prevent your home from being taken away from you. Learn about of your options today by calling (319) 294-5853.