855 2-LITLAW
FORECLOSURE DEFENSE
PRIVACY NOTICE
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Main Office: 2364 Boy Scout Road, Suite 200 Clearwater, FL 33763
Copyright © 2011 The Lit Law Group, P.A.. All Rights Reserved.
Copyright © 2011 The Lit Law Group, P.A.. All Rights Reserved.
Facing a home foreclosure can be frightening, leaving you feeling helpless and uncertain about what your future holds. Because of the current housing and financial markets, this is a situation that more and more Florida residents are finding themselves in. However, you can use the services of a real estate lawyer to obtain legal relief.
The lawyers at The Lit Law Group understand how to help property owners who are facing foreclosure. Your individual case will be analyzed for affirmative and defensive strategies that assert your rights under state and federal law. A lawyer on your side will engage in direct negotiations with your lender seeking a favorable change to your loan terms (a “Loan Workout” or “Modification”). Some of the remedies may include:
Loan Modification: or loan workout
Short Sale: whereby the lender agrees to allow the sale of the property for less than what is owed on the promissory note
Deed In Lieu Of Foreclosure: whereby the borrower avoids an involuntary foreclosure by deeding the property to the lender.
Why Hire A Lawyer?
You should know that despite the news stories and barrage of advertising by “Loan Modification” companies and their ilk, meaningful, voluntary loan modifications only occur for a small fraction of applicants. However, many more lenders “volunteer” to renegotiate the loan terms when litigation, the threat of litigation or bankruptcy accompanies the application . That is where hiring a lawyer to review your case and represent you in the process makes sense. Your chances may be improved if the lender has violated the law during the loan process or subsequently, but you will never know unless you case is analyzed by someone who can do something about it. Only an attorney can review your particular case to determine if the lender, servicing company, or loan originator violated the Truth In Lending Act (TILA), Real Estate Settlement Practices Act (RESPA), or may have engaged in Predatory Lending. In contrast, a “Loan Modification” company is unlicensed and unqualified to provide you with this legal insight or representation. And they frequently charge as much or more than the cost of a competent legal opinion and subsequent representation.
Contact our office for a free no-obligation consultation.
The lawyers at The Lit Law Group understand how to help property owners who are facing foreclosure. Your individual case will be analyzed for affirmative and defensive strategies that assert your rights under state and federal law. A lawyer on your side will engage in direct negotiations with your lender seeking a favorable change to your loan terms (a “Loan Workout” or “Modification”). Some of the remedies may include:
Loan Modification: or loan workout
Short Sale: whereby the lender agrees to allow the sale of the property for less than what is owed on the promissory note
Deed In Lieu Of Foreclosure: whereby the borrower avoids an involuntary foreclosure by deeding the property to the lender.
Why Hire A Lawyer?
You should know that despite the news stories and barrage of advertising by “Loan Modification” companies and their ilk, meaningful, voluntary loan modifications only occur for a small fraction of applicants. However, many more lenders “volunteer” to renegotiate the loan terms when litigation, the threat of litigation or bankruptcy accompanies the application . That is where hiring a lawyer to review your case and represent you in the process makes sense. Your chances may be improved if the lender has violated the law during the loan process or subsequently, but you will never know unless you case is analyzed by someone who can do something about it. Only an attorney can review your particular case to determine if the lender, servicing company, or loan originator violated the Truth In Lending Act (TILA), Real Estate Settlement Practices Act (RESPA), or may have engaged in Predatory Lending. In contrast, a “Loan Modification” company is unlicensed and unqualified to provide you with this legal insight or representation. And they frequently charge as much or more than the cost of a competent legal opinion and subsequent representation.
Contact our office for a free no-obligation consultation.
