What is it like working as a foreclosure attorney? I have been looking for a change from my current post for a while. Have done mostly personal injury work with some estate planning, but I am interviewing with a firm looking to take on someone earlier on in their career to train them up in the area of foreclosure. I am intrigued by the position because it would be more transactional, and I prefer that side to the litigation side, but I was just wondering if anyone could share their experience

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I did post-sale default for 8 years as a paralegal during the Great Recession. If you’re in a judicial foreclosure state, you’re going to be in court daily, arguing that the reason the borrower defaulted doesn’t matter, the debt is still past due and the lender deserves to foreclose. If you’re in a non-judicial state, you’re fielding the same phone calls and signing demand letters en mass. Either way, you’re just a cog in the machine grinding people up and spitting out their homes.
Common reasons people default:
1) Death or hospitalization of the breadwinner
2) Job loss
3) long-term illness of borrower or a family member (may coincide with #1/2)
4) bitter divorce destroying everything
5) very rarely, people who are just gaming the system

If you can avoid taking it personally, it’s a paycheck (but it wasn’t a great one when I did it).

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I really appreciate your reply. I understand the subject matter can be an issue for a lot of folks. The job (at least as its been described to me) is pretty cushy in terms of expected hours and salary, and so I am strongly considering it, but it is important to know what the job truly entails.

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Ever read a letter from a debtor losing her home to foreclosure because she had cancer and could no longer afford the payments?

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