Due to the current rocky status of the real estate market in the United States, foreclosures are at an all-time high. Many individuals have gotten into mortgages that they cannot afford and are looking for any way to stop a foreclosure from taking their property.
If you are behind on your mortgage payments, concerned about foreclosure or have already received a foreclosure notice, it is essential that you contact a foreclosure lawyer at the Kridel Law Group as soon as possible.
Foreclosure Representation in New York and New Jersey
We have many years of experience handling foreclosures on behalf of residents in both New York and New Jersey. The lawyers at our office are skilled, professional, and compassionate, taking the time to assess your situation and determine the best way in which to proceed and help you take control.
Filing for bankruptcy may be an option to stop the foreclosure. Short sales, described below, are another option. However, it is important to know that not all foreclosures can be stopped. Though we go to great lengths to help clients prevent foreclosure, we may have to take other steps in order to remedy the situation as effectively as possible.
Short Sales and Workouts
Carried out in order to prevent foreclosure, a short sale may be completed when a mortgage lender or bank agrees to discount a loan balance because of a mortgagor’s economic hardship. Banks often allow this if it will result in a smaller financial loss than a foreclosure. We can help advise you if a short sale would be in your best interest, in order to prevent foreclosure of your property and help you keep your home.
Contact Our Firm Today for Help With Foreclosures
It may be possible for you to avoid foreclosure on your home. Contact a foreclosure attorney at the Kridel Law Group today to learn more about how you may be able to save your home with the help of a member of our foreclosure defense team. Call us now at 973-470-0800.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.