Mortgage Foreclosure Problems
Home in Foreclosure? Call Now to Protect Your Options!
The home mortgage foreclosure wave that swept the nation in 2008 hasn't been as bad in North Carolina at it has been elsewhere, but it's plenty bad enough. Don't assume that a notice of foreclosure or the burden of mortgage arrearages means that you can't resolve the problem. For the advice of attorneys experienced in both mortgage financing and debtor-creditor workouts, contact the Peebles Law Firm for a free consultation.
Call 866-674-4072 for advice about home mortgage foreclosure solutions
Time is of the essence for protecting your home if foreclosure of your mortgage is imminent or under way. The sooner you contact us, the more alternatives you'll have to choose from in protecting your home.
We can intervene on your behalf at every stage of the mortgage foreclosure process, but your options shrink the longer you wait. If you contact us as soon as you realize that you have mortgage defaults that you won't be able to clear up within a month or two, we'll be able to review your overall financial situation from a position of relative strength. Your choices will include negotiating the modification of your mortgage terms, refinancing, or even selling the property at a loss that you can walk away from.
After you've received a notice of foreclosure that you can't cure soon, your options have already narrowed. Your lender will be harder to deal with, but they don't especially want to come into full title on your property, especially if the value has declined. We'll still be able to pursue some alternatives.
The closer the date of the foreclosure sale approaches, the more it appears that bankruptcy will be your most effective choice. Bankruptcy under either Chapter 7 or Chapter 13 will stop the foreclosure of your home, and buy you additional time and valuable rights. Once your property is sold in foreclosure, however, not even bankruptcy will help you.
Get legal advice while you still have multiple options
At the Peebles Law Firm, the first consultation with a lawyer is always free. We're just as interested in helping you understand your rights as we are in serving you as a client. To learn how our experienced and personalized approach to the resolution of home mortgage problems can benefit you and your family, contact us in Winston-Salem.
