Facing Foreclosure in California – Civil Code Section 2923.5
If you are facing foreclosure on your home in California, it is no doubt a very scary and stressful time for you and your family. However, it is crucial that you know that you have legal rights during this process. Learning as much as you can about the foreclosure process can help you understand your rights, and determine which action is best to take for your specific situation. Under California’s Civil Code Section 2923.5, you have the right to receive notice from the lender to assess your financial situation and explore options in an attempt to avoid foreclosure. Foreclosure in California In most cases, a loan servicer or lender must wait a full 120 days (4 months) before officially starting