Deed in Lieu of Foreclosure Attorney in Boca Raton
Move Out & Move On from Your Home in a Peaceful Manner
you facing foreclosure and unsure of what your options are? Working with an experienced deed in lieu of foreclosure attorney in Boca Raton can help you secure a resolution that promotes your best interests. While it may be too late to avoid losing your home, you may still be able to escape the severely adverse financial consequences of a foreclosure. A deed in lieu of foreclosure may be the right option for you.
When you choose to pursue a deed in lieu of foreclosure, the deed to your home will be given back to the lender in order to avoid foreclosure. In order to qualify for this form of relief, you must meet your lending institution’s own eligibility criteria. In this agreement, you will surrender the title to your house to the mortgage company in exchange for the cancellation of the attached mortgage. At Klein Law Group, our seasoned and skilled legal team can help evaluate your situation and find the right solution. We have experience in deed in lieu of foreclosure, “forced deed” in lieu of foreclosure, and other approaches to foreclosure defense.
If your home is on the brink of foreclosure, it is important to understand your options. Contact Klein Law Group at 561-353-2800to receive legal advice from a compassionate and dedicated lawyer.
Who Is Eligible for a Deed in Lieu of Foreclosure?
If you are interested in a deed in lieu of foreclosure arrangement, you must establish your eligibility with your mortgage lender. Different lenders may have different eligibility requirements.
To answer your question, you may be eligible if:
- You are more than 31 days behind on your mortgage payments
- You are facing a hardship such as illness, divorce, or job loss
- You have unsuccessfully tried other options, including mortgage modification and debt consolidation
For many people, a deed in lieu of foreclosure may be an effective way to avoid the financial and emotional strains of foreclosure. Give us a call at 561-353-2800 to consult with a professional deed in lieu of foreclosure attorney in Boca Raton. Klein Law Group is on standby to answer any questions.