It’s easy to get behind. Unexpected medical bills or less hours at work can mean that you just aren’t able to make your full mortgage payment. Just because you’re experiencing temporary financial difficulty doesn’t mean you should lose the roof over your head.
Talk with a Hollywood foreclosure lawyer at Stiberman Law today. The consultation is completely free. You won’t receive judgement from us. We want to help you find a solution that keeps the bank from repossessing your home. We’ll look at your entire financial picture to determine which legal options are best.
Remember, the sooner you call a Hollywood foreclosure lawyer, the more options you’ll have available to you. Don’t wait until it’s too late. We may be able to help you keep your home.
Sometimes lenders fail to follow the rules. Maybe they’re a big company and they’ve made an oversight, or maybe they’re trying to take advantage of your family. No matter what, if your lender isn’t following the proper foreclosure procedures in Florida, we can help you fight back.
The Real Estate Settlement Procedures Act is designed to help homeowners in Hollywood find a reasonable solution that keeps families in their home, while ensuring lenders are repaid in a reasonable manner.
By hiring an experienced Hollywood foreclosure attorney, you can ensure that every appropriate step is taken by the bank. Once we know that the foreclosure is being handled properly, we can look at a variety of other options to ensure that your family’s financial future has a solid foundation.
Sometimes it just isn’t possible to get caught-up on your own. It’s okay. We can still help you pause the foreclosure process on your Hollywood home.
Stiberman Law has experience helping families file for bankruptcy. This can be a really good option if you’re struggling to make ends meet, and you’re finding yourself further in debt every month.
Overwhelming debt is a vicious cycle. Good people end up in over their head because of medical bills, accidents or just plain old bad luck. We get it.
When you file for bankruptcy in Florida, an automatic stay is issued by the bankruptcy court to your creditors. This means that all collection efforts against you are stopped. This includes foreclosure.
Depending on your circumstances, you may be able to stay in your home. Even if you’re unable to keep your home, a bankruptcy can give you additional time to find a new place to live – someplace that will be a happy home instead of a financial burden.
You may not need to file for bankruptcy. A short sale allows you to list your home for less than you owe on your mortgage. You’ll need to get approval from your lender to do this. Your lender will like it because it allows them to avoid the cost and expense associated with completing the foreclosure process.
If you’re underwater (Your home is worth less than what you owe to the bank.), a short sale can be the best solution. But if you think you’ll still struggle to pay your other debts after downsizing your home, a bankruptcy could be a better solution. Bankruptcy deals with all of your debts, not just your mortgage.
Short sales can also be a frustrating process for home buyers. The lender has to sign off at a variety of stages, causing delays. Many buyers aren’t willing to put up with the headache of completing a short sale home purchase unless the deal is really, really good.
Again, speaking with a Hollywood foreclosure lawyer is the best way to determine what options make the most sense, based on the specifics of your situation.
One option available to struggling homeowners in Hollywood is to sign the deed over to the lender as part of an agreement. This is different from a foreclosure because it is initiated by the borrower. Many lenders have very strict requirements and processes for initiating this process, which is why it’s important to consult a Hollywood foreclosure lawyer before submitting any paperwork.
If your attempt to initiate this process is rejected, the bank could turn around and foreclose on you. If the bank does agree to accept a deed in lieu of foreclosure, any remaining debt could still be collected by the bank in the future.
Falling behind on your mortgage isn’t fun. It’s a stressful experience that we can make easier. Our clients tell us that they were terrified to pick up the phone, but once they did, they wished they had made the call sooner.
Stiberman Law has experience dealing with foreclosures and assisting borrowers with other debt relief strategies in Hollywood, Florida.
Let us help you figure out your options. As time passes, your options do diminish. Call now to speak with an experienced Hollywood foreclosure lawyer.
Speaking to our law firm is always 100% confidential. We do our best to respond to inquiries in under 24 hours.
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