How to Stop Foreclosure in Los Angeles
Foreclosure is a possibility that no homeowner wants to consider. At all cost, you want to protect yourself and your family from losing your home to foreclosure due to financial distress and an inability to pay your mortgage. Seeking the assistance of a foreclosure attorney skilled in California specific law will be to your benefit, and the attorneys at the Los Angeles Law Offices of I Los Angeles Bankruptcy Attorneys are here to support you though this process. If you are experiencing financial difficulties that are impacting your ability to pay the mortgage on your home, call our bilingual staff today at (213) 699-3055 to set up a free consultation.
There are multiple foreclosure prevention options and our attorneys can educate you on the best course of action to take in the protection of your home. You need an advocate who knows the ins and outs of foreclosure proceedings to represent you in dialogue with mortgage lenders or banks. Loan modifications or refinancing are both viable options that may succeed in lowering your monthly mortgage payments. Transferring to more stable loan options is also a possibility.
Dealing with an Underwater Mortgage
With the housing market’s volatile instability in recent years, many homeowners find themselves dealing with a significant decrease in the value of their home, while their mortgage rates remain the same. If you are unable to maintain payments on your mortgage, you want to align yourself with a skilled foreclosure attorney who will do everything possible to keep you in your home.
There is a solution, and our attorneys will assist you in deciding the appropriate course of action whether that be refinancing, loan modification or for eligible parties, Chapter 13 bankruptcy. With clients across Southern California in the San Fernando Valley, Los Angeles, Riverside, Orange County and San Bernardino, we are here for you to save your home from foreclosure and to restore your financial stability for the peace of mind and well being of your entire family.
An Alternative to Foreclosure
The best course of action when dealing with a pending foreclosure is to immediately speak with a skilled foreclosure attorney who can assist you in creating a loan modification plan. By creating a loan modification plan, your attorney will take a comprehensive look at the full scope of your financial situation, including income, debt and all available assets. If modification is not an option, we will explore other alternatives such as bankruptcy and determine which path is right for you.
Contact a Foreclosure Attorney Today
We are proud of the rock-solid reputation we have earned among our former clients and colleagues and look forward to providing you with high quality legal assistance as you deal with the possibility of Chapter 11 or 13 bankruptcy or foreclosure on your home. Please contact our offices located in Sherman Oaks and Los Angeles today to speak with one of our bilingual staff members and to start the process of financial recovery. As a Southern California debt relief agency, we are standing by to assist you. Call us at (213) 699-3055 today for a free consultation.