Foreclosure Law

foreclosure-law-attorney-green-bay-jonathan-olsonThe prospect of foreclosure is daunting. It often leaves many homeowners feeling overwhelmed and helpless. If you are on the brink of foreclosure, or the process has already begun, call us at Jonathan Olson & Associates. We understand that your house is your home and losing it is like losing a part of yourself.

The earlier you call us, the greater help we can be. Mortgagors generally do not refer a loan to foreclosure until you are three to four months behind in your payments. Before the process actually begins, there may be steps we can take to negotiate with your lender in a way that will allow you to save your home.

If foreclosure is inevitable, there are ways we can help you to make it less stressful. There are options that may even allow you to keep your home. For example:


Some mortgage contracts may include a provision allowing you to reinstate the loan.

Repayment Plan

Some lenders allow the mortgagor to add the arrears to a current payment plan until they are caught up.

Forbearance Agreement

The lender may add the amount in arrears to the end of the loan and, if the mortgagor stays current, foreclosure proceedings are dismissed.


This does not prevent foreclosure, but may postpone the proceedings for a time to allow you to make arrangements for staving off foreclosure or time to move on.

Deed in Lieu of Foreclosure

The mortgagor accepts foreclosure and signs the deed over to the lender. The lender may even provide moving funds to the mortgagor.

Loan Modification

Terms of the loan may be changed in order for the mortgagor to maintain the loan and stay in the home.

Foreclosure is a stressful process. You can turn it over to us and we will research what government aid programs may be available, file al necessary paperwork and negotiate with your lender. Contact us at Jonathan Olson & Associates today to schedule a foreclosure consultation with an experienced and knowledgeable attorney who will treat you with compassion during this difficult process.