For Foreclosure Alternatives, Contact Law Offices of Michael J. Auger
Financial troubles are frightening and disturbing. The thought of losing your home and your investment may lead you to despair, searching for a positive way forward.
The fact is that many people before you have met this type of challenge successfully. A conversation with an experienced and skillful lawyer is an important step in the right direction. To discuss foreclosure alternatives with a well-informed, proven-effective Connecticut lawyer, contact the Law Offices of Michael J. Auger and schedule a consultation.
Our attorneys are prepared to explore every viable option that is available to you if foreclosure looms as a possibility.
Foreclosure alternatives that will work for you may include one or more of the following:
- Mortgage modification: many lenders today are willing to negotiate the terms of your mortgage.
- Short sales: the bank may agree to release your mortgage for an amount less than the actual balance from the proceeds of a sale.
- Foreclosure workout: a forbearance plan that restructures payments over time, including arrearage amounts.
- Federal government sponsored assistance programs, such as Help for Homeowners or Making Home Affordable
- State sponsored mortgage assistance programs, such as the Emergency Mortgage Assistance Program
- Chapter 13 bankruptcy
- Deed in lieu of foreclosure: conveyance of title to the lender rather than going through a foreclosure. It may even be possible to negotiate some payment from the lender toward your moving costs.
Our Hartford area law firm has built a reputation as a firm ready to help distressed real estate property owners. An evaluation of your situation will enable us to make custom-tailored recommendations with your best interests in mind. Call or e-mail us today.
Foreclosure Alternatives in Language You Can Understand
If you have any questions about your legal rights and options in foreclosure, bankruptcy, personal injury law or family law, we are ready to help you get answers and take action. We offer weekend and evening appointments as needed. Contact us by calling 888-883-7044 today for a free initial consultation.
Se habla español. Spanish language services are available.
