One of the ezines I subscribe to is directed toward helping small law firms manage their businesses and keep the practitioners up-to-date on changes in the law. The ezine is published by a division of the American Bar Association.

This month’s ezine focuses on credit, collections and foreclosure issues faced by people like you. One article in particular, caught my attention, and I thought I’d pass this gem onto you. The author, Mr. Wendell Finner, does an excellent job of highlighting one of the misunderstood aspects of consumer and property law.

Many times if you’re caught in the despair of foreclosure, it’s difficult to imagine that there may be options or defenses to the foreclosure that you haven’t considered. One of the great things about Oklahoma, unlike many other states, is that Oklahoma’s statutes require judicial process in order to commence a foreclosure proceeding. Usually, this process alone can enable you to find alternatives to losing your home.

Mr. Finner does a great job of helping laymen(women) recognize some key stages in the legal process. Remember, there are always options if you’re willing to work hard enough. As Mr. Finner notes, defenses, counterclaims, and possibly restructuring your debt scenarios are all legitimate alternatives.

In my experience, discussing the variety of options available with your attorney can quite often quell some of the fears and reservations you may have. Most attorneys, and especially those familiar with consumer issues, will know of alternatives that will help you keep your home, minimize your debt, and begin to rebuild your financial future.

If you’re struggling to meet your daily obligations, speak with a qualified attorney about some of your options. It’s 2009 and you’re supposed to be having an optimistic and happy beginning, do something today to help make it that way!