Most people in Florida know what it’s like to experience serious financial challenges at some point in their lives. Some recover rather quickly and use lessons learned in the process to help them forge stronger paths to financial stability in the future. Others are unexpectedly hit with financial problems that wind up getting out of control before they can get a handle on things. In either situation, a lender may threaten foreclosure if a homeowner is failing to satisfy the terms of a mortgage.
If this has happened to you, it doesn’t necessarily mean you are going to lose your home. There are often viable options available to secure effective means for paying off loans without having to find a new place to live. The average person may not even be aware of certain options, however, which is why it’s typically beneficial to consult with an experienced attorney.
Sometimes, all it takes to stop foreclosure threats is to ask a lender to agree to an alternate plan for payments. Most lenders would rather avoid foreclosure and may be willing to allow divergence from an existing agreement to help homeowners recover financial stability while still making good on their mortgages. Even if such a request is denied, there’s no need to lose all hope as there may be another way to save your home and get out of debt.
Cuevas, Garcia & Torres, P.A. is fully equipped to address the needs of Florida residents facing foreclosure problems. Our experienced team is able to handle even the most complex situations. If you’d like to obtain a thorough review of a particular financial situation, you can schedule an appointment by accessing the contact form available for your convenience on our website.