Getting Help from Foreclosure Lawyers West Palm Beach
Foreclosure is a frightening word, but it’s a shockingly common process, especially in Florida. In fact, 1 in every 409 Florida homes is within foreclosure, which is almost double the rate of the national foreclosure average. With the financial hardships that everyone faces, falling into the troubles of foreclosure can be all too easy. But, at Bruce S. Rosenwater & Associates, P.A., we’re here to help. Working with our foreclosure lawyers in West Palm Beach can help you through the foreclosure process, preserving your best interests
throughout. In some cases, you may even be able to use a strategic foreclosure process to your financial advantage.
At Bruce S. Rosenwater & Associates, P.A., we don’t think that a foreclosure notice is the end of the world. That being said, it can be the end of your home ownership if you don’t act quickly. When you receive a notice of foreclosure, you may lose your home within 120 days if you take no action. Instead, we encourage you to speak with a foreclosure defense lawyer in West Palm Beach from our team. We’ve got the knowledge and unique perspective to take a proactive approach to your foreclosure situation. We may be able to help you through the process. For example, in some situations it may be in your best interests to pursue a strategic default, where you stop making payments and essentially walk away from the situation. Another option is a deed in lieu, where a borrower conveys all interest to the lender to satisfy a loan in default. This can slow or even halt the foreclosure proceedings entirely.
There are many other ways that our foreclosure lawyers in West Palm Beach can help you through a foreclosure situation. Another option includes short sale, in which you still release possession of your property. But, instead of dealing with a foreclosure you may be able to release your property through a real estate transaction. In a short sale, a home is listed for a sale price lower than what’s owed at the mortgage, and lenders themselves approve the process too. This allows you break even with your lender without having to work through an entire foreclosure. Bankruptcy is another way to halt the foreclosure process, and even fight for property retention.
If you’ve received a notice of foreclosure, it’s all too easy to feel like things are spiraling out of control. But, you can take action to defend your property and your best interests. Our foreclosure lawyers in West Palm Beach can help if you’ve received a notice of foreclosure. With our help, you can defend foreclosure. You’re invited to call our office at 561-688-0991 to learn more.