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Bilu Law Deed In Lieu

Deed-in-Lieu of Foreclosure Attorneys in South Florida

Arrange a Consultation at Our Offices in Pompano Beach & Miami

Do you need Loss Mitigation assistance?

The team at Bilu Law can help homeowners who can answer "yes" to one or more of the following questions:

  • Do you have an adjustable-rate mortgage?
  • Are you currently behind one or more house payments?
  • Is your mortgage a pick-a-pay or negative amortization loan?
  • Is your loan an adjustable rate that is about to re-set or re-cast?
  • Do you owe more than your home is worth?
  • Do you want to stay in your home?
  • If you do not want to stay in your home, are you interested in a short sale or deed-in-lieu of foreclosure?
  • Do you want to legally protect yourself against foreclosure?
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Bilu Law

Why Choose Bilu Law?

  • Decades of Proficiency
    With two decades of dedicated service, we've assisted countless clients with their legal needs, covering 67 counties in Florida.
  • Swift and Accessible
    Offering seasoned legal guidance, our attorneys respond promptly and are easily accessible when you require their expertise.
  • Hablamos Español
    Our proficient team, including Spanish speakers, ensures that you fully comprehend the intricacies of your case.
  • Global Legal Expertise
    We are proud members of an international law firm network, enabling us to provide assistance to clients nationally and worldwide.

Loan Modification

  • Special Forbearance/Forbearance Agreement

A formal, written agreement between Client and Lender to reduce or suspend monthly payments for a pre-determined period of time. This will give you the opportunity to recover from your hardship.

  • Repayment Plan

A formal, written agreement between you and Lender in which Lender accepts your regular mortgage payment and a portion of your arrears for a pre-determined period of time. These plans are designed to bring the account current over a period of time and avoid the initiation of foreclosure.

  • Stipulation Agreement

A formal, written repayment agreement between you and Lender to bring the account current after a foreclosure action has begun. The plan suspends the foreclosure action and is designed to bring the account current.

The plan payments consist of your regular mortgage payment plus a portion of the arrears each month for a pre-determined period of time.

These plans are designed to bring your account current over time. The foreclosure action would be cancelled if the plan were successfully completed.

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Our Testimonials

Hear From Our Happy Clients

  • ""His dedication to getting his clients the best outcome is relentless.""
    "I am so honored to leave Ron and his team this great review. I called all over Florida to find a lawyer that would help me with my real estate property issue and no one would even listen to me they just told me, we can not help you. When I first called Bilu Law, I felt they cared about their clients. Johanna scheduled a meeting with Ron right away, and when I spoke to Ron, he was the best because he took the time to listen to my situation and asked all the right questions. The best question he asked was what would I consider a good outcome and after telling him, he made that his North Star. After a few more meetings to understand my situation better, he told me how much it would cost me to have him try to resolve this issue with the best outcome and it was very reasonable. Among his profession, I would consider Ron to be among the best. His dedication to getting his clients the best outcome is relentless. I will refer him to all my friends and family and consider him a dear friend."
    - Carlos
  • ""Ron Bilu and his associates were willing to fight for me when other firms all wanted to throw in the towel.""
    "Ron Bilu and his associates were willing to fight for me when other firms all wanted to throw in the towel. Ron’s professionalism and dedication ended with the best outcome I could ask for. I highly recommend Ron and his firm, especially Attorney Andrea Valencia who went above and beyond for me, a true asset to the firm. Many thanks to all."
    - Emporio
  • ""I highly recommend this office to deliver and satisfactorily settle your legal matters.""
    "Bilu Law firm has advised and completed the paperwork on creating a Trust and I am satisfied with how thorough and professional Andrea and Annabella were in executing the task. Today, I'd like to thank the team of Nicholas and Andrea for accepting another case and delivering as promised, in a relatively short period of time and again, a satisfactory outcome. I want to especially thank Andrea for the knowledgeable and professional representation she exhibited as she guided me through the process. In addition, I express my appreciation for other members of your staff. ALL calls were passed on and one could consistently expect a quick response. There is a warmth from the front door, by staff to the discussion of business at hand. Wait time was never more than 3-5 minutes at each office visit. The advent of Covid- 19 and the societal interruptions it created, did nothing to deter the level of service offered by this firm. I highly recommend this office to deliver and satisfactorily settle your legal matters."
    - Aldith
  • ""Choosing this law firm was the best decision I have ever made.""
    "I had the pleasure of working with Ron Bilu and his assistant Andrea. Choosing this law firm was the best decision I have ever made. Both Ron and Andrea were with me every step of the way and were very kind, helpful, and knowledgeable. In the end i was very pleased with the results and would recommend his services to anyone in need of a great real estate attorney. Thankyou so much Ron!"
    - Doris
  • ""They are professional, aggressive and the keep us informed of progress of our cases.""
    "Our firm has engaged Ron Bilu and Nick Rossoletti and their amazing team of effective legal professionals for a variety of litigation matters and they are professional, aggressive and the keep us informed of progress of our cases. Their experience and knowledge of the law combined with a results oriented approach has helped our bottom line."
    - Jeffrey
  • ""ABSOLUTELY AMAZINGGGGGG!!!!!!!!!""
    "ABSOLUTELY AMAZINGGGGGG!!!!!!!!! Ron Bilu and Andrea Valencia helped me beyond what I expected! They listen carefully to you and will fight for you till the wheels fall off! My outcome was beyond what I had imagined and it is all thanks to them backing me up and doing what they do best! I cannot express into words how much I strongly recommend this law firm to anyone who is facing the issues I had! Like I said, absolutely amazinggggg at what they do!!!!!"
    - Marlin

Claim Advance: (FHA loans or conventional loans with Private Mortgage Insurance)

These plans allow for arrears to be cured by advances made by the insurer of your loan. The funds insurer are used to bring your account current and are obligated to repay the funds advanced.

You may be required to sign a promissory note to repay the insurer through monthly installments or in one lump sum at a pre-determined time. On FHA loans this option would require an additional lien to be placed on the property.

If together we determine that you cannot afford your property any longer and wish to sell, we can assist you to help secure a short sale payoff or a deed-in lieu of foreclosure agreement explained as follows:

  • Refinance

The process of paying off your mortgage with the proceeds from a new loan using the same property as security.

  • Mortgage Short Sale

If your property value is not sufficient to pay the loan in full, LENDER may be able to accept less than the full amount owed. Sale proceeds are accepted as settlement for the debt.

You may or may not be required to sign a promissory note for the difference or a portion of the difference.

Call us today at (954) 239-7386!

Bilu Law

Contact Bilu Law Today!

Want to discuss your legal concerns? Contact us, and let's see how we can help.

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