Oklahoma City Deed in Lieu of Foreclosure Lawyer
Homeowners who are facing foreclosure may decide that they can no longer afford to stay in their homes, and the options that would allow them to stay may not make much financial sense. As an Oklahoma City deed in lieu of foreclosure attorney, we will work closely with you to see if your lender may accept the offer of a deed as payment for the amount owed on your mortgage. This can be particularly useful if you owe significantly more than what your house is worth.
If you are concerned about what effect a foreclosure action may have on you, I can help. Contact us online or call 405-330-8183 for a free initial consultation.
Helping You Avoid a Foreclosure on Your Record
Having a foreclosure action on your record can have lifelong consequences, the least of which is making it more difficult to receive a mortgage loan again. Offering your lender a deed in lieu of foreclosure can help you avoid this fate. At the Heaton Law Firm, we will work closely with your lender so you can walk away from your home free and clear from mortgage debt and the harassment of creditors.
It can be difficult to have a lender accept a deed in lieu of foreclosure. They will be accepting the deed at a loss if the home is worth less than the mortgage amount. We have the skill and expertise to negotiate with your lender, and will work tirelessly to convince them that this action is in their best interests.
Other Foreclosure Avoidance Options Are Available
If you are adamant about keeping your home, there are foreclosure defenses available. We can work with your lender to see if a mortgage modification might be available. In addition, a filing for Chapter 7 or Chapter 13 bankruptcy can put a stop to foreclosure actions. In any case, we will listen closely to your goals and objectives, and tailor a plan that will best help you achieve them.
Do You Want to Know How to Stop Foreclosure? An Edmond Attorney Can Answer Your Questions.
If you want to know more about how you may be able to avoid foreclosure, Heaton Law Firm can answer all of your questions. Contact us online or call 405-330-8183 to schedule a free consultation to discuss your situation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.