New York Loss Mitigation Attorney Advises on Short Sales
If you are living with the threat of foreclosure on your New York home, you are well advised to inform yourself of all options that may help you to avoid total financial ruin.
What Are Your Options?
You may decide to seek a loan modification. You may decide to manage other debts through debt settlement, thus freeing up additional monthly cash for your house payment.
Is Bankruptcy Right for You?
You may decide to file for bankruptcy and put the automatic stay to work protecting you from further collection efforts or harassment from your creditors.
Or you may decide to accept your bank's offer to walk away free of any further mortgage obligation after putting your house on the market for a short sale.
An Attorney Can Help You Navigate the Short Sale Process
A knowledgeable, experienced lawyer who regularly negotiates with banks and other lending institutions is an invaluable ally and source of help through the process of a short tale. At Adams Law Group, LLC, in Rockland County and New York City, you can be reassured that advice and assistance extended to clients is trustworthy and knowledgeable.
If You Are Upside Down With Your Mortgage
Our clients come to the law firm owing more on their homes than what the houses will sell for on the open market. Through short sales, they obtain relief from the threat of owing more than what a house is worth. In a short sale, a lending bank agrees to accept what the house can bring on the market — often less than what a house is worth — as payment in full.
Are you "underwater," owing more than your house is worth on today's real estate market? Talk to a lawyer about your mortgage woes and how a short sale may resolve them.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
