How To Keep Your Home When You’re Going On Strike

Introduction

When you are considering going on strike, it’s crucial to understand how it may impact your home and what steps you can take to protect it. At Wright Street Lawyers, we specialise in providing legal guidance to individuals facing such situations in Adelaide, South Australia.

Legal Considerations

1. Understanding Your Rights

Before going on strike, you should be aware of your rights regarding your home. In Australia, there are laws that protect individuals from losing their homes due to financial difficulties or other reasons.

2. Communicate with Your Lender

If you anticipate facing financial challenges during a strike, it’s important to communicate with your lender as soon as possible. They may have provisions in place to help you temporarily manage your mortgage payments.

3. Seek Legal Advice

Consulting with a legal professional, such as Wright Street Lawyers, can provide you with personalised advice on how to safeguard your home while going on strike. We can assess your situation and recommend the best course of action.

FAQs

Q: Can I lose my home if I go on strike?

A: Going on strike alone does not mean you will lose your home. However, if you face financial difficulties as a result of the strike, there is a risk of defaulting on your mortgage.

Q: How can Wright Street Lawyers help me protect my home during a strike?

A: Our team can review your mortgage agreement, assess your financial situation, and provide legal strategies to help you keep your home while navigating a strike.

Q: What are my options if I fall behind on mortgage payments due to a strike?

A: Depending on your circumstances, options such as loan modifications, forbearance agreements, or refinancing may be available. Seeking legal advice can help you explore these options.

Conclusion

At Wright Street Lawyers, we understand the challenges individuals face when going on strike and the potential impact it can have on their homes. Our team is dedicated to providing reliable legal support to help you protect your home during uncertain times. Contact us today for personalised assistance tailored to your unique situation.