Man Avoids Foreclosure with Help of Law Boutique’s Calgary Real Estate Lawyers

A man who once had everything he desired in life soon found himself with almost nothing – except a home that was a prime candidate for foreclosure. How can one law firm save this individual from something that seemed to be inevitable?
By: Law Boutique
 
July 31, 2012 - PRLog -- Calgary, AB – The recent housing crisis that bogged down America’s real estate market may not have affected its Northern neighbors too much, but here in Canada, foreclosures are still a part of everyday reality, often requiring a skilled Calgary real estate lawyer.  Take the example of this 67-year-old man from Calgary, who only agreed to speak with us on the condition of anonymity.  This man, who chose to go by the initials B.C., was once a prominent businessman in the Calgary area, a well-respected citizen who thought the party would never end.  “I made some bad decisions in life,” said B.C.  “I squandered a good deal of my earnings by living a wasteful lifestyle.  Three divorces did a lot in cleaning me out, (including) the last one, (which) took place shortly after I retired.”  The end result was B.C. falling behind his mortgage payments and facing the possibility of foreclosure.  

Before this could happen, though, B.C. had the foresight to contact Law Boutique, a firm founded by Calgary Bar Association and Mortgage Loans Association member Katherine Kowalchuk.  “It was a last-ditch attempt for me, honestly speaking,” admitted B.C.  “I was skeptical about a lot of things – how could I pay for the lawyer’s fees, mainly.  I wanted to avoid the possibility of being sent to an old folks’ home with my home this close to foreclosure.  I was willing to try anything, even consulting a law firm I hadn’t heard of before.”  Thanks to some generosity on the part of family members, B.C. was able to pull through and come up with the fees for consultation.   According to him, it was all worth it using this money to hire one of Law Boutique’s real estate lawyers from Calgary.  “Law Boutique helped me structure a good payment plan and work with my lender to hammer out the terms.  I can’t say everything’s back to the way it used to be, (but) at least I don’t have to worry about losing one of the few material properties I still own at this point (in) time.”

Law Boutique’s personalized services do not just include residential real estate matters like loan modification, refinancing, and assistance in buying or selling property.  Their Calgary real estate lawyers also handle commercial real estate cases (leasing, commercial banking, property acquisition, etc.) and family law matters, such as divorces, property settlement and wills.  The firm’s website contains detailed descriptions of each service.  Free initial consultation is available to anyone who wishes to avail of their varied services.  

Watch Law Boutique's video:

http://www.youtube.com/watch?v=jGFV1BIqftY



B.C. ended his interview with some words of wisdom for younger homeowners.  “You don’t want to be at the end of your rope with no other option remaining.  Save up while you’re still young, and don’t touch your nest egg unless you really need to.  You’ll never know what could happen in the future.”  Sounds like sage advice from a man who got some much-needed assistance from a Calgary real estate lawyer in an effort to avoid the dreaded “F” of the real estate world – foreclosure.

Law Boutique is a full law firm service that assists and helps clients in Calgary and the surrounding areas.  Their offices are located at 626 Elbow Drive SW, Calgary, Alberta, T2S 2H7.

For more information about real estate lawyers Calgary, visit http://lawboutique.org

Contact:
Telephone – (403) 453 1529
Website Feedback – http://lawboutique.org/contact-us-2/
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Source:Law Boutique
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Page Updated Last on: Jul 31, 2012
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