Stopping Foreclosure: Your Options

If you’re facing foreclosure, there are several strategies we can employ to help you:

Direct Lender Contact

We can negotiate directly with your lender to find a solution.

State Court Intervention

We can file a motion in state court to halt the foreclosure process.

Federal Bankruptcy Court

Using an automatic stay in federal bankruptcy court can temporarily stop the foreclosure.

The best solution for you will depend on your specific situation and your lender. Contact us now to find out more.

New Mortgage Options

If you have sufficient equity, you may qualify for a new mortgage. This depends on your current credit situation and whether you have co-signers. Contact us to discuss if this is the right choice for you.

Mortgage Modification

If you’re behind on your mortgage, we can negotiate with your lender for a modification to help you catch up on payments. This process can be frustrating and time-consuming, but we can guide you through it.

Post-Sale Debt Relief

If your property is sold at auction for less than what you owe, you could still be responsible for the remaining balance. We can help you avoid this situation and walk away without debt.

Equity Preservation

If saving the property isn’t possible, we can help you find a buyer to preserve your equity. Even at the last minute, we can often arrange a sale to ensure you walk away with something substantial.

Cash for Keys

If you’re leaving your property, we can sometimes arrange for a “cash for keys” agreement, where the lender pays you to leave early. This helps them reduce their efforts to sell the property and provides you with cash to move on.

Additional Time

If you need more time to find a new place, we can help you explore options to extend your stay. This can be done through the court system or by negotiating directly with the lender.

Bankruptcy Options

Filing for bankruptcy can help save your property. Common types include Chapter 7, Chapter 13, and Chapter 11, each suited for different situations. Call us to determine if bankruptcy is your best option and which type would be most beneficial.

Suing the Mortgage Company

In cases of extreme behavior by the mortgage company, we may be able to file a lawsuit. If you believe you’ve been wronged, we can investigate and take appropriate action.

Foreclosure Defense

If foreclosure proceedings have started, you have rights in state court. Lenders often fail to follow all rules and deadlines. Our foreclosure defense services can significantly delay the process, giving you time to catch up on payments, find a buyer, negotiate a modification, or leave in a dignified manner.

Alternative Methods

There may be other ways to save your property that you haven’t considered. We can explore all options to find a solution that works for you.