Have you fallen behind in your mortgage?
Are you facing foreclosure?
The Law Office of Lapina & DuBois we can help you protect your property or work with your bank to have you surrender the property with as little impact on you as possible. In most cases even if you are unable to pay your mortgage, you still have options to save your home.
Should you try and keep your home?
At Lapina & DuBois one of the first things that we do with you is help you decide whether you even want to keep your home. Although you may really want to in some cases, financial difficulties are so great that it is best just to walk away start fresh. Our experienced attorneys will examine your mortgage documents and help you make an informed decision if you will be able to keep your home now or in the future.
What are your options?
As housing values continue to fall you may face a situation where the value of your home is less than what you owe on your mortgage. Our attorneys will explain to you all your foreclosure defense options including:
• Refinance or Modification of your existing mortgage - If your goal is to keep your home, we will work with your bank to modify your existing loan or refinance it with more affordable terms.
• Short Sale - Coordinate a sale of your home for less then what you owe on the mortgage, but you're not responsible to come to the table at closing with any cash to make up the deficiency.
• Bankruptcy - While you may not want to file for bankruptcy in some situations you can turn over your home to your lender and have it sold at auction. The benefit is that if you do this your lender is unable to come after you for any deficit left after the sale.
• Deed in Lieu of Foreclosure- If you are considering giving up your home, this option may be feasible and with much less damage to your credit score.
Everybody's situation is different and there are more options available. At Lapina & DuBois we offer free consultations to discuss your situation and tailor our representation to suite your needs. Call 407-482-4533 today to schedule your appointment.
