Another option for simply delaying the foreclosure is to file a Temporary Restraining Order. This is an order from a judge preventing the bank from proceeding with a foreclosure sale.

The difficult part is that you have to have a valid and compelling reason that a judge would order the foreclosure be stopped. This can be daunting, but not impossible. A valid reason for requesting a temporary restraining order typically involves a temporary financial hardship. But again, the main disadvantage to a temporary restraining order is this is only a delay of about 30 days.

Another disadvantage of a temporary restraining order is that they only work about 50% of the time –judges are not going to just allow any and all requests.

Also, attorneys will typically charge between $2,500 and $5,000 to file for and secure a temporary restraining order, so not only is it not a permanent fix, it’s a pretty expensive band-aid!

If at all possible we would like you to avoid foreclosure for good, not just temporarily. It’s in your best interests to contact us as soon as possible, as there are usually better (actual) solutions for Texas homeowners than to simply delay foreclosure. If you call or fill out the contact form, we can get back to you with free consultation to help you determine which options are best for your situation.