Loss Mitigation Lawyers in Westchester County

Loss Mitigation Provides Alternatives to Foreclosure. Serving the Southern & Eastern Districts of New York.

There are several alternatives to foreclosure that have been created by the mortgage lending industry in collaboration with the federal government to help homeowners that have fallen behind on their mortgages and are being threatened with the loss of their homes. Foreclosing on a home is obviously bad for the homeowner, but also a burden on the banks, so loss mitigation gives everyone an opportunity to avoid this difficult and stressful process.

If you believe that foreclosure is imminent, a knowledgeable attorney can inform you of your legal options to try and avoid losing your home, as well as the negative repercussions that are associated. There are several procedures that may work for you, but they are generally complex and involve quite a bit of red tape. Having a legal advocate to provide guidance and protect your rights will likely produce a better result than if you were to attempt to represent yourself.

Experienced Guidance

At Bronson Law Offices, P.C., we understand that every client's situation is unique. There is no cookie-cutter way of handling foreclosure, or insurmountable debt, which is why we apply creativity, talent, and dedication to every case we represent. Your attorney will scrupulously examine every angle of your financial situation in order to come up with the most workable solution for you and your family.

Based on your individual circumstances, your lawyer may suggest:

• Loan modifications or the negotiation of a repayment of payments that are in arrears
• Deed in lieu of foreclosure
• Short sale
• Fighting foreclosure with Chapter 13 bankruptcy

Your future does not have to include the foreclosure of your home. There are alternatives, and our legal team has dedicated their professional lives to helping individuals and families become debt free. We strive to help clients make a brighter future that does not involve financial stress and the burden of debt collections harassment. We will advocate your best interests and protect your rights throughout the entire course of your financial legal matter.

To learn what your legal options are to avoid foreclosure, contact our firmnow.