Financial problems can quickly become overwhelming. Our Branford, CT foreclosure lawyer knows that being behind on your mortgage can be stressful, as you wonder how you are going to make payments. You may be dealing with relentless phone calls and other efforts from your bank or lender, as they don’t give up on trying to obtain money. You may have recently received a foreclosure notice. Even the most hardworking homeowners may find themselves struggling to keep up with payments. You may have attempted to work with the lender to alter your mortgage obligations, but that may not have worked or you are nervous to pursue this request out of fear of a denial. Please don’t hesitate to contact our team at The Law Offices of Neil Crane so we can find and implement reliable solutions. We can speak with you today.
How To Stop Foreclosure
Sometimes the bank or lenders may be unwilling to address the needs of hardworking people who are in financial trouble. Despite facing monetary hardships being difficult enough, lenders may be callous in response to a homeowner’s request for support. Lenders are focused on how much money they can make, and not what would make a positive difference for someone going through a hard time. You may be feeling abandoned and that mortgage modification and mediation has not worked. While there are helpful programs offered by banks, these may be empty solutions that don’t provide actual relief. As our Branford foreclosure lawyer may explain, here are some ways to halt foreclosure:
- Contact your lender to ask for resources
- Seek help from a government agency or non-profit
- Arrange a loan assumption
- File for bankruptcy
- Agree to Deed in Lieu of foreclosure
- Pursue a short sale
- Apply for a loan modification
- Defend against your foreclosure in court
When To Seek Legal Advice
As soon as you know that you are going to have trouble making mortgage payments is when we suggest recruiting help from a legal professional. Because the matter can escalate quickly and so much is at risk, do not delay in finding out what resources are available to you. Foreclosure can have a lasting impact on someone financially and in their personal life and family. Homeowners may become displaced and struggle to find new housing. Foreclosure also impacts someone’s credit score, which can make it more difficult to obtain loans in the future. These consequences can last for many years, creating a continuous challenge for those impacted.
The Law Offices Of Neil Crane
Many homeowners who face foreclosure consult with our Branford foreclosure lawyer to understand what their rights and options are. We can assist homeowners by finding solutions or alternatives while advocating for their best outcome. The foreclosure process can move fast, so it is important to act promptly to utilize the solutions available to you. Our team at The Law Offices of Neil Crane are here to help. Contact us as soon as you can so we can discuss your situation further. Let us support you by reaching out today.
