Although the dark days of the Great Recession are far behind us as a nation, America still sees an alarming rate of people losing their homes. One of the leading reasons is foreclosure, which happens when banks and other loan-granting organizations claim a property...
BANKRUPTCY REPRESENTATION FOR MORE THAN
100 YEARS COMBINED
Foreclosure Alternatives
Homeowners have options to avoid foreclosure in Florida
Foreclosure is the last thing that a homeowner wants to hear. It can feel like a lifetime of investment in a property is at risk and about to disappear if a lender wants to reclaim a home or commercial location. But it is not as easy for the dream to die, and there...
Connecticut helps people keep homes with foreclosure mediation
When it seems like the bank is coming for your house, it can feel like no one could be on your side. After all, the payments were late or never paid, so it may feel like you don't deserve your own home anymore. But it couldn't be further from the truth.Many banks...
What is a deed-in-lieu of foreclosure?
As a Connecticut homeowner in financial distress, you want to avoid foreclosure on your property and the negative consequences it can have on your credit score. To accomplish this, sometimes you need to make some sacrifices. A deed-in-lieu of foreclosure is an...
How can you avoid foreclosure?
Connecticut residents can fall into debt for numerous reasons. One possible risk is being unable to pay your house off, in which case it will be foreclosed. We at the will discuss ways you can avoid foreclosure.There are several ways...
What do you do if you cannot make mortgage payments?
There are many advantages to purchasing and owning a home in Connecticut, from both a financial and personal point of view. However, owning a home can become burdensome if you have a change in financial circumstances and can no longer afford mortgage...
The story behind Fannie Mae and Freddie Mac
People who have obtained a mortgage in Connecticut, or are actively seeking one, have likely heard the names Fannie Mae and Freddie Mac. They might sound like the names of friendly new neighbors, but in reality, they are government-sponsored agencies who guarantee...
What are some foreclosure scams to watch out for?
Missing mortgage payments and facing foreclosure in Connecticut is a serious financial situation, and you may not know where to turn for help. Unfortunately, there are unscrupulous people out there who view your misfortune as an opportunity to profit from your pain....
How can you recognize a foreclosure rescue scam?
When you are having severe financial difficulties, possibly including the threat of foreclosure, in Connecticut, it can feel like you are drowning. An offer of help paying off your debts and preventing foreclosure may seem like a lifeline. Unfortunately, foreclosure...
How are zombies real in the bankruptcy world?
You might think that zombies are merely a product of Hollywood and books. While this is true when it pertains to the undead coming for your brains, a different type of zombie can threaten Connecticut homeowners who are facing a foreclosure. The term for a home that is...