What Can You Do To Keep Your Home From Going Into Foreclosure?

Many families in Central Florida got caught up in the sub-prime mortgage avalanche and are now finding themselves unable to keep up with mortgage payments. Their property values are far less than when it was purchased and refinancing has become nearly impossible for many. Losing ones home or even the threat of having this happen is stressful and disruptive to anyone, and solutions need to be quickly put in place to prevent its occurrence.

Options to Be Explored

Many of the mortgages which were issued during the sub-prime mortgage period have legal problems and are in violation of what is called the "Truth in Lending Act" laws or (TILA.) If you are in foreclosure or are being threatened with it in the Orlando area, it would be in your best interests to contact an  Orlando attorney as quickly as possible to avoid losing your home. At Gregory & Clark, we are experienced foreclosure lawyers and have resources to help you with your foreclosure defense. 

There are options and we have access to many potential lenders who could help by taking on your mortgage and turning it into a fixed as opposed to an adjustable mortgage. A loan modification is another alternative that we can help you with which may enable you to rearrange things and keep your home. You may have been taken advantage of by a mortgage company that was in violation of the law in which case we can also initiate a legal action that may help put you in a far better position. There are certain circumstances where declaring bankruptcy is the best option in order to fend off a foreclosure and we can help with that option as well.

Take Immediate Action to Avoid Foreclosure

One of the worst things you can do is to not take action and fail to look for solutions The alternative is losing your home and disrupting your family's lives. Moving is a tedious process and the loss of a home can be humiliating and destructive in many ways. At Gregory and Clark, as Orlando attorneys, we have helped  many people in the area handle their financial difficulties. We are skilled, insightful and creative when it comes to solutions and can present you with your best options to avoid foreclosure. 

Contact an Orlando Foreclosure Defense Attorney in our office for a free consultation and we will go over the details of your situation.