There are many ways to avoid foreclosure if you are behind on your mortgage payments. Types of foreclosure alternatives we can help you with include:
- Loan modification
- Cash For Keys
- Deed in lieu of foreclosure
- Chapter 13 Bankruptcy
A loan modification can prevent the loss of your home by restructuring the terms of your mortgage agreement. We will negotiate the new terms, which will result in a lower monthly mortgage payment, lower interest rate, lower balance, and or catching up on late payments.
Filing for bankruptcy will immediately stop foreclosure proceedings while your bankruptcy case is resolved. Filing for Chapter 7 may free up money that can be applied to your mortgage. Chapter 13 may allow you to eliminate second or third mortgages and / or get caught up on late payments over three to five years.
Other remedies such as "cash for keys" and deed in lieu of foreclosure are ways to prevent the severe credit consequences of a foreclosure.
Our Bradenton Foreclosure Defense Attorney can also review your loan agreement to determine if any predatory lending practices contributed to your current situation. If your lender was involved in illegal business practices, the foreclosure can be challenged in court.
Foreclosure Defense Lawyer in Manatee, Charlotte and Sarasota Counties
David Holland Law is a skilled Bradenton foreclosure defense firm that will protect your rights and interests. Our firm has represented many homeowners that were unable to pay their mortgage. We can help you take the legal actions necessary to fight foreclosure. We offer a free consultation to discuss your situation in more detail, in addition to affordable rates and payment plans. Contact David Holland Law today for legal advice and aggressive representation if you are facing the loss of your home.