Foreclosure Defense
Get a
foreclosure defense if you are facing the loss of your home due to an inability to make payments on time. Contact our firm immediately. We will review the circumstances of your crisis and determine a plan of action!
Call 248-418-2300 ext. 20 for foreclosure defense We offer free consultations
The very first step to building a foreclosure defense is immediate action. If you have experienced any type of change in your financial situation, and you know that the change will affect your ability to make timely payments on your mortgage, get in touch with us as quickly as possible. A single phone call and honest communication with a lender can literally make the difference between maintaining your home and losing it to the bank. We can make that difference for you! Call today.
The options available for a foreclosure defense may vary greatly depending upon the willingness of your lender, your payment history and that amount of time you have allowed to pass before taking action. We can address late notices and warnings of foreclosure that you have received – even if you are as far as three months behind. Once you receive a “Summons and Complaint” notification, it may be too late. Don’t wait for that notice. Call us today.
In a foreclosure defense, we will provide information to the bank or other mortgage lender about the circumstances that have affected making payments. Call us if you are experiencing:
- The loss of your job
- A demotion or cut in salary
- A lay off
- An accident or illness that limits or affects your ability to work
- A temporary or permanent disability that prevents you from working
- Loss of monetary contributions to the household due to the injury or death of a spouse or other contributor
- Loss of monetary contributions due to separation or divorce
- Loss of court ordered spousal or child support
Negotiating with your lender is another step in building your foreclosure defense. Many consumers are either uncertain or uncomfortable with this process, and that is why we are here. Our firm will review your financial situation to determine the best approach to petitioning your lender for assistance. Depending upon your circumstances, you may want to consider one of the following methods to avoid losing your home to the bank:
- Refinancing: If you are looking to reduce your monthly payments, switch from a variable rate to a fixed rate loan or consolidate your debts in order to better manage your mortgage obligations, you might consider pursuing a refinance option. Refinancing will usually result in longer repayment terms.
- Loan Modification: If you are simply looking to get caught up and reinstate the terms of your mortgage, you may want to consider this option. Lenders will sometimes allow mortgagees to amend their late payments by attaching them to the end of their loans.
- Forbearance: This method of foreclosure defense is useful when a mortgagee is expecting the payment or receipt of a financial windfall (i.e., inheritance, work bonus or commission, etc.), and the lump sum will allow them to pay off the amount of their mortgage that has gone into arrears.
Call 248-418-2300 ext. 20 for foreclosure defense
We offer free consultations
We are a firm offering foreclosure defense in Detroit, Bingham Farms, Southfield, Royal Oak, West Bloomfield, Sterling Heights, Troy, Berkley, Redford and throughout southeast Michigan. No legal firm or attorney can guarantee the outcome of your case. However, at the Law Office of John Little, we can evaluate your circumstances and determine which legal remedies may be available to you.