z Blog Elements – Page 194

I have blogged on this before but it’s worth repeating. Since most people won’t qualify for assistance under any new federal legislation, homeowners may want to consider short sales and deeds in lieu transactions. Neither will save your house but they could help you avoid a painful foreclosure process. In a short sale, you sell the house for a fair market price that is less than what you owe and the lender agrees to forgive the deficiency balance. In a deed in lieu of foreclosure, you hand over a deed to the lender and walk away. Lenders are more willing to consider these options now because they may want to avoid losses they experience in foreclosure. Homeowners thinking about these options and other choices such as refinancing, Chapter 13, forbearance and modifications, can call me in my Manhattan office to discuss their alternatives.

Debt Collectors’ Tactics

July 22, 2008/in Foreclosure & Loan Mod Blog /by Scott Lanin

Newseek has an interesting article on the tactics used by debt collectors.

* CONSULTS

Cases and disputes can vary in complexity. Some can be handled in a routine 20 minute phone consult. More complex matters will require time to review and analyze documents and legal issues. If your matter is more complex, we may offer you a paid one hour consultation or hourly services, depending on the time needed to properly evaluate your situation. We always require a signed retainer agreement before we begin to provide legal services. The agreement will detail the scope of services included as well as your rights as a new client.

Call Now Button

Half Sized Blog Element (Single Author Style)

Half Sized Blog Element (Multi Author Style)

Two Other Alternatives To Foreclosure

Debt Collectors’ Tactics

Two Other Alternatives To Foreclosure

Debt Collectors’ Tactics

Full Sized Blog Element (Big Preview Pic)

Two Other Alternatives To Foreclosure

Debt Collectors’ Tactics

OUR SERVICES

* CONSULTS

CONTACT US

SEARCH