Located in Shelton, CT
203-712-7176
Foreclosure Defense
Dependable Foreclosure Defense
Find Debt Relief and Prevent Foreclosure
When defending a mortgage foreclosure, Michael J. Leventhal does not simply defend a lawsuit, he defends the American dream, a home of your own. The mortgage foreclosure process is a complex one and many different options and legal strategies exist for the benefit of the homeowner.
Michael J. Leventhal prides himself on the ability to keep his clients in their home for a long, long time. There are several tools that he uses to help homeowners. Below are some of the concerns potential clients may have and some of the methods used by our lawyers to help homeowners in danger of losing their residence.
At the law office of Michael J. Leventhal, he realizes that it was not your intention to fall behind on your mortgage. He also realizes that the monthly mortgage payment is one of your highest priorities.
For a variety of reasons; illness, decreased earnings, unemployment, insurance increases, unforeseen repairs and/or uncontrollably, e credit card debt, good people like you can quickly become seriously delinquent on monthly mortgage payments. Michael J. Leventhal has assisted thousands of homeowners stop mortgage foreclosure and establish long-term solutions for home retention. Visit us today!
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Call 203-712-7176
There are quite a few options to stop a foreclosure. Call Michael J. Leventhal Attorney At Law today
to seek help with your foreclosure defense.
Debt Relief and Foreclosure All at Once
A mortgage modification is requested by a mortgagor or borrower usually once they have fallen behind on mortgage payments or in danger of mortgage foreclosure proceedings. A successful modification generally takes 3-8 months to complete. A mortgage modification may include placing mortgage arrears, interest, delinquent taxes, and/or insurance in the principle balance.
Further, a mortgage modification may reduce the interest rate on the subject loan. Although a mortgage modification can lead to reduced monthly mortgage expenses, generally it results in the lengthened mortgage repayment term. Michael J. Leventhal has handled mortgage modifications for both residential and investment properties. Lastly, mortgage modifications are often granted during the course of Chapter 7 or Chapter 13 Bankruptcy Proceeding.
Prior to a mortgage foreclosure taking place, the mortgagee may be amenable to postponing a sale based on the reinstatement amount being repaid over a short period of time. The pre-foreclosure forbearance plan repayment is different than a modification in that it does not alter the overall terms of the loan. A pre-foreclosure forbearance plan is usually extended up to 6 months and requires that regular monthly mortgage payments plus the amount needed to cure all arrearages be paid within the time agreed upon.