Family Law Attorney – Their Services

You can contact a real estate attorney if you can no longer negotiate with your mortgage lender on your own. When you sign the mortgage papers and agree to the terms, you commit to repaying the loan for a set period of time. If you don’t uphold your end of the bargain, the lender will sue you for the money you owe. The court will order a foreclosure if you are unable to pay. During this process, the property is sold in order for the investor to recoup some of their investment. You, on the other hand, are the loser. If you find yourself in this situation, you can consult an attorney to discuss your options.Do you want to learn more? Visit attorneys .

Stop the foreclosure phase in its tracks.

One of the options open to the real estate attorney is to halt the foreclosure process. To do this, he or she will advise you to apply for Chapter 13 or Chapter 7 bankruptcy protection. If you’re approaching the end of the process, however, this could be your only choice. It’s important to allow your lawyer to meet with your lender to come up with a solution if one is needed. Stopping the legal action will allow you to finish this job more quickly.

Enhancements

In certain cases, the lawyer may negotiate with the lender to modify the loan. It’s possible that you’ll be able to do it on your own, but it’ll be difficult. Furthermore, you cannot go wrong with this. It’s important that you consult with your lender to determine whether you’re eligible for a loan modification. This allows the lender to restructure the loan with lower monthly payments or push late payments to the end, making it easier for you to catch up.

CONTACT INFO :

Cohen Garelick & Glazier
8888 Keystone Crossing #800, Indianapolis, IN 46240
Phone nO. : 18006247370