Foreclosure Protection

STOP Your Foreclosure

An attorney at Jacoby & Jacoby may be able to help save your home from foreclosure. If your lender has threatened foreclosure or if you have been served a notice of foreclosure, an attorney at Jacoby & Jacoby can help. It is important to remember that you have options. By consulting an attorney at our firm, we can thoroughly review your situation and determine what can be done so losing your home isn’t your only option.

These are trying times for many homeowners throughout New York. Adjustable rate mortgages and subprime loans have left many homeowners unable to pay their mortgage, and facing foreclosure.

Jacoby & Jacoby is a New York law firm that is dedicated to helping clients who are facing overwhelming debt and foreclosure. A Chapter 13 bankruptcy may be a viable option if you are facing foreclosure, as it can immediately stop foreclosure proceedings and allow you to pursue a payment plan, where you can keep your home. A Chapter 7 bankruptcy may also be an option to explore if your home is entering foreclosure. When you file for bankruptcy before the final foreclosure deadline, the lender has no choice but to stay foreclosure proceedings until given approval by the Court to resume.

How an Attorney Can Help

A lawyer can help you save your home. By reviewing your unique situation, a Long Island bankruptcy lawyer can determine what your options are at this point. Although foreclosure proceedings may take many months, it is important to act quickly. You will have more options and will be able to make a decision that will have the best result on your financial future.

Your lender may be willing to explore other options regarding your mortgage, rather than foreclosure. Your attorney can help you by discussing these options with the lender. Short sale, deed in lieu of foreclosure, loan modification and payment plans are all potential options which may help you avoid foreclosure and bankruptcy.

FOR MORE INFORMATION CALL JACOBY & JACOBY AT (631) 289-4600.