For most of us, owning a home is a lofty goal, an important accomplishment, and amongst our largest financial investments. Home ownership provides families a sense of security and strong ties to their community. Our Asheville foreclosure defense lawyers know understand this.
When it is difficult to keep up with mortgage payments, whether due to harsh economic environments, loss of employment, injury or illness, foreclosure is an all too real threat. When dealt with timely, however, there are a number of options available to homeowners behind on their payments. Many times, the help of a qualified, experienced foreclosure defense attorney can make all the difference between keeping and losing your home, or can provide you with alternatives to foreclosure that may leave you in a more financially stable position.
Always the goal of the owner dictates the path taken to help mitigate losses under threat of foreclosure. Depending on your unique circumstance and preference, there may be several solutions to home foreclosure. When emotional attachment to your property is high, your goal may be to keep your home at all costs. In this case, mortgage modification, a variety of federal programs and bankruptcy may be options to accomplish this. For others whose home is a strict investment, unburdening oneself of further obligation through short sale may be the best option. At Ferikes & Bleynat, our lawyers take the time and interest in outlining your desire for the future and work towards solutions that help accomplish that. In either scenario, our services might include:
- Negotiation with your bank
- Mortgage modification
- Short Sale
- Deeds in Lieu of Foreclosure
- Loan Workout Agreements
- Loan Forbearance Agreements
- Participation in federal programs designed to help you keep your home
- Investigating Truth in Lending Act claims against your lender
- Pursuing bankruptcy protection
If you are struggling to make your mortgage payments and being harassed by your bank, contact the Asheville foreclosure defense attorneys at Ferikes & Bleynat to learn more about your rights and legal options. We can help you see a light at the end of this tunnel.