Parkland Foreclosure Defense Attorney
Whether you have fallen one month behind on your mortgage payments or half a dozen, there is a good chance that foreclosure can be avoided. Even if you received a notice of default or foreclosure, you still have options. An attorney can help you save your home. Here at the Law Offices of Barry S. Mittelberg, P.A., our Parkland foreclosure defense attorneys can help you prevent foreclosure for our clients so that they can continue living in and owning their own home. In those cases where foreclosure is simply an inevitability, we can help you delay it so that you have time to move out when you are ready, instead of being forced out the next week by a bank.
Filing for Bankruptcy Can Stop Foreclosure
Bankruptcy can help stave off foreclosure permanently by helping you get back on track with mortgage payments, and it places an automatic stay on your home that halts imminent foreclosure and prohibits creditors and debt collectors from attempting to collect from you. You may be able to discharge enough unsecured debt by filing for Chapter 7 bankruptcy that you have enough funds to pay for back owed mortgage payments. Or, Chapter 13 bankruptcy allows you to create a three to five year payment plan that consolidates all of your debt into one, easy to keep track of monthly payment.
Bankruptcy Can Make Your Mortgage Affordable if Your Home Value Has Decreased
If your home’s market value has decreased, you may be stuck paying more than what your house is actually worth. If this is the case, an attorney can help lower your mortgage payment through Chapter 13 bankruptcy to get your mortgage payments down to a reasonable level. Additionally, if you have a second mortgage, the junior lien may be considered an unsecured loan and discharged so that you have only the first mortgage to manage.
Our attorneys work with lenders when bankruptcy is not in your best interest. A loan modification or workaround can lower your outstanding principal or lower your interest rate. This results in a lower, more manageable monthly mortgage rate that can be paid out over a longer period of time.
Foreclosure Defense Against Wrongful Foreclosure
You may be the victim of a wrongful foreclosure. We can help you fight back against predatory lending tactics, prohibited under the Truth in Lending Act of 1968, or against lenders who failed to provide required disclosures when your loan was created.
Short Sale, Deed in Lieu of Foreclosure, or Cash Keys
It may not be in your best interest to hold onto the home. If this is the case, we can help you avoid foreclosure by negotiating a deed in lieu of foreclosure, short sale, cash for keys, or another option.
A Parkland Foreclosure Defense Attorney is Just a Phone Call Away
While the mortgage crisis of the 2000s is more than a decade behind us, there are still millions of families struggling to stay on top of their mortgage payments. Hundreds of thousands of families and individuals here in Florida are feeling the pinch from wage stagnation, property tax hikes, and the staggeringly high cost of other necessities like health insurance and medical coverage. In fact, Florida is experiencing a foreclosure crisis that is eclipsing all other states; in one year alone, Florida’s foreclosure rate increased by 35 percent, according to Florida Trend. Our Parkland foreclosure defense attorneys at the Law Offices of Barry S. Mittelberg are here to help homeowners in need. Call 954-752-1213 to schedule a free consultation today.