How to Stop a Foreclosure
If you’re wondering
how to stop a foreclosure – when you are in the midst of a financial crisis – call our firm today! Whether you are facing the loss of your job or the upheaval of a divorce, an attorney from our firm may renegotiate the terms of your mortgage and help you save your home.
Call 248-865-3455 if you’re wondering how to stop a foreclosure.
We offer a free evaluation of your case.
If you want to know how to stop a foreclosure, the answer is: take immediate action! The sooner you address the issues that might prevent you from making your on-time monthly mortgage payments – the better. Don’t wait to receive an overdue notice! If you know that your circumstances are going to have an effect upon your ability to honor the terms of your loan, call us now.
An attorney from our firm can show you how to stop a foreclosure, even if you are facing any of the following:
- A financial deficit due to the loss of a spouse or other wage earner contributing income to the household
- A loss of income due to a lay off, demotion, mandatory furlough or pay cut
- A loss of the ability to work due to long or short term illness, injury or disability
- A loss of court ordered support (i.e., alimony, palimony, child support, etc.)
Learning how to stop a foreclosure is only a phone call away. Speaking with our attorney and allowing them to assess your circumstances can determine how to move forward to save your home. Put an end to the sleepless nights and fretful days. Call our firm now, even if you have received past due notices and warnings of foreclosure actions. A foreclosure can be successfully avoided up to the point of receiving a notice of “Summons and Complaint.
Working with your lender is how to stop a foreclosure. Providing your mortgage company with all of the information that they will need in order to accommodate your situation is another key element in preventing the loss of your home. Do not try to sugarcoat your circumstances or diminish the gravity of your financial situation. When we negotiate a modification of the terms of your mortgage, we take an honest and accurate approach, so that the new terms work for you and your lender.
Some of the measures that can be taken to help you reinstate your mortgage and keep your home are:
- Renegotiating and converting your mortgage from an adjustable rate to a fixed rate
- Applying overdue balances to future payments in order to spread them out over a period of time
- Deferring overdue balances to be paid at the end of the mortgage term
- Extending the life of the mortgage in order to reduce the monthly expense of repayment
- Having your mortgage company forgive the overdue balances that have fallen into arrears
- An attorney from our firm can show you how to stop a foreclosure based upon the unique circumstances of your case.
Call 248-865-3455 if you’re wondering how to stop a foreclosure.
We offer a free evaluation of your case.
We are a firm dedicated to showing clients how to stop a foreclosure 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 provide you with a free evaluation of your circumstances and determine which legal remedies may be available to you.