Are you facing a foreclosure and don’t know what to do? Speak to a qualified Foreclosure Defense Attorney in Playland Village to learn about your rights and options. If you have been paying attention to the news, then you should already know that there are massive State and Federal probes into the foreclosure procedures of Lenders, Noteholders, Servicers and their Attorneys. A Wrongful Foreclosure can have a major impact on your credit and finances for years to come so don’t delay call a Foreclosure Defense Attorney in Playland Village today to find out more about protecting your rights.
A Foreclosure Defense Attorney in Playland Village can help you find the solution that is right for you. Not all loans are created equal, and neither are all Foreclosures. If your loan was sold into a Securitized Trust Pool on Wall Street (if you took out a loan between 2002 and 2007 there is a good chance that is was), your “lender” may have a difficult time proving that they “own” your mortgage and have the right to take your home away from you. A Foreclosure Defense Attorney in Playland Village can beat the bank at its own game make sure that you have your day in Court. Don’t let someone take your home without a fight.
If you are trying to modify your loan, negotiate a Short Sale or Deed-in-Lieu of Foreclosure, don’t rely on the bank not to try and foreclose on your home while you are negotiating with them. Talk to a Foreclosure Defense Attorney in Playland Village to find out how fighting the Bank in Court can benefit your Loss Mitigation Efforts, and how not participating in your own defense can actually harm your chances of working out a deal with the Bank. A qualified Foreclosure Defense Attorney in Playland Village can help you negotiate with the Bank while they fight the Bank in Court. Stand up for your rights before it is too late.
Stuck in debt and don’t know what to do? Talk to a qualified Bankruptcy Attorney in Playland Village to find out what kind of relief is best for you. There are various chapters in Bankruptcy, but the ones most important to consumers in Playland Village are Chapters 7 and 13. What is important to know about these two different types of Bankruptcy is that a Chapter 7 is basically a liquidation in which the Trustee “liquidates” or sells your non-exempt assets and uses the proceeds to settle with your creditors for pennies on the dollar. A Chapter 13 is basically a 3-5 year repayment plan.
A Chapter 7 Bankruptcy authorizes the Bankruptcy Trustee to liquidate your non-exempt assets and “liquidate” or sell them in order to settle your debts for pennies on the dollar. The important question is then, what assets are exempt? As a good Bankruptcy Attorney in Playland Village and he will tell you that your home is exempt, you are allowed up to $1000 of equity in your vehicle, $!000 worth of personal property (think garage sale value). On top of that your 401(k) and most IRAs and life insurance policies are exempt. Talk to a Qualified Bankruptcy Attorney in Playland Village to learn more.
A Chapter 13 Bankruptcy is a repayment plan. Once your bankruptcy is filed your attorney will file a Chapter 13 plan with the Court and ask the Trustee to approve it. Your plan, essentially consists of 90% of monthly disposable income (your gross income minus taxes and regular living expenses) being paid to the Trustee who uses that money to pay off your secured debts first (mortgage, car payments, etc) and then to pay your unsecured debt (credit cards, medical bills, etc) for pennies on the Dollar. A Bankruptcy Attorney in Playland Village can help you figure out what type of Bankruptcy is best for you.