The first step for a lender's attorney in a foreclosure case is to conduct a thorough review of the loan file including the deed, note, and deed of trust. Call our debt and bankruptcy lawyers in Dallas and Fort Worth for a free consultation, or fill out the form on this page to get started.Notices of all properties to be sold are posted on the County Clerk's the web site. In a nonjudicial foreclosure, Texas law gives homeowners the right to reinstate their loan in order to avoid a foreclosure sale. Notice of Default (Demand Letter). Learn how foreclosure works in Texas from the notice of default to eviction. Here, learn about repossession. Repossession happens when a creditor takes back your vehicle or property because you didn't pay on a loan. Repossession and foreclosure are both processes that a creditor uses to reclaim property you put up as collateral for a loan, the procedures are different. Do you wonder if you can "cram down" your car loan if the balance due is more than the car is worth?