Home Foreclosure

 

Managing attorney, Richard Jacoby from Jacoby & Jacoby will help you find a solution to foreclosure through loan modifications, bankruptcy, or by using other means.

Foreclosure is a very big problem throughout the Country especially here on Long Island. Many people are losing their homes because of the high taxes, the variable interest rates and the exotic mortgages that were offered to people in the last 7 or 8 years. What Jacoby & Jacoby has been doing in many instances if the people are behind on their mortgage is filing on their behalf a Chapter 13 bankruptcy, which allows them to pay arrears on their mortgage back over 5 years. In that same bankruptcy they are able to pay back their unsecured debt in many instances with as little as ten cents on a dollar. This has helped many people. In addition second mortgages under certain circumstances can be eliminated in whole or in part in a Chapter 13 bankruptcy. So there is a solution to foreclosures but one must speak to an attorney who is qualified. Jacoby & Jacoby does loan modifications and many of the loan modifications result in lower mortgage payments. So if you combine lower mortgage payments on a first mortgage with elimination of a second mortgage and elimination of credit card bills, many individuals are able to keep their home and not move from it.

Why Choose Jacoby & Jacoby?

Experienced and Qualified Representation

When you work with a New York bankruptcy lawyer at Jacoby & Jacoby, you have the benefit of our years of experience and our extensive resources, all at your disposal as you face these trying times. The stress and emotions associated with mounting debt may leave you feeling hopeless and lost. Thankfully, with the help of a lawyer at our firm, you can begin to take control of your finances and experience much needed relief.

By discussing your situation with an attorney at our firm, you can decide whether bankruptcy is right for you. You can learn what your options are. When you work with an experienced attorney at Jacoby & Jacoby, you will have the support and legal counsel of a professional who will know what to do to help. Finally, you can experience relief from creditors. You can stop worrying about losing your possessions or your home.

Contact our firm today, and learn more about the many ways that we can come to your aid. Call Jacoby & Jacoby at (888)452-2629.

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  • Suffolk County Offices

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"We are a designated debt relief agency under Federal Law & we provide legal assistance to consumers seeking relief under the Bankruptcy Code".

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