March 15, 2010
-- The foreclosure attorneys can put the power back in your hands so that you have better control over your future and over your home. So before packing your back pack and just walking away from your home, seek help of the professional!
An expert Massachusetts foreclosure attorney can help you in the following ways:
Extensions and forgiveness:
A professional defense foreclosure attorney can request the lenders to forgive some fees and extend the duration of the payment schedule. Slash down your monthly payments and interest rates: Massachusetts foreclosure attorney can help you in negotiating lower monthly payment and even help you by slashing down the monthly payment rates after talking to your lender. Rate deduction to a great extent helps you to stand on your own feet while keeping you and your family in your home.
In some cases, foreclosure attorney can also convince the lender to agree to a forbearance period. During this period your monthly payments can be greatly reduced or can be stopped completely.
Short Sale: If you think that paying a reduced monthly payment is still impossible, your foreclosure attorney can negotiate a short sale with your lender.
Deed in Lieu of Foreclosure:
Your Massachusetts foreclosure attorney can also request a deed in lieu. In these cases, the homeowner returns the property to the bank and he is released from any further obligations. The reality is harsh and it’s an easy trap to fall into when you under duress, which is why you need the Massachusetts foreclosure lawyer to help you out in need.
Waterfront Lawyers Building,
236 Commercial Street,
Boston, MA 02109 USA
Tel: (617) 720-1101
Fax: (617) 720-1104