The Benefits of Hiring a West Palm Beach Foreclosure Attorney
Help from a skilled foreclosure lawyer in Boynton Beach and Delray Beach
In today’s tough economy, many homeowners are facing foreclosure. If you are in this situation, West Palm Beach foreclosure lawyer Scott H. Sweigart looks forward to working closely with you to find the best solution for your family. At the Law Offices of Scott H. Sweigart, we are aggressive and tireless, skilled negotiators who also know how to fight for your best interests in court. We can quickly assess your situation and determine the best approach for your case. For more information on our services, please contact us today.
How a foreclosure lawyer in West Palm Beach can assist you
If you are facing foreclosure, the worst thing you can do is nothing. It is important to realize that you do have options. While it may seem as though you have no control, you can make choices that help you and your family.
Following are some of the options available to you when you hire a lawyer to assist you with your case:
- Short sale: A short sale is one of the best options when facing foreclosure. A short sale occurs when a lender accepts an amount that is lower than the existing mortgage on a piece of property. For example, if you have a $400,000 mortgage, your lender may be willing to accept $320,000 from an immediate buyer in order to reduce the hassle. You control the sale of your house and can avoid foreclosure.
- Deed in lieu of foreclosure: Similar to a short sale is a deed in lieu of foreclosure. With this approach, you voluntarily give the deed to your property to the lender in exchange for stopping the foreclosure. This strategy can reduce damage to your credit score.
- Chapter 7 bankruptcy: Yet another type of foreclosure defense in West Palm Beach is declaring Chapter 7 bankruptcy. Not only does declaring Chapter 7 discharge all debts, but it also temporarily stops a foreclosure action. This can allow time to catch up on mortgage payments or sell your home.
- Chapter 13 bankruptcy: Like Chapter 7, Chapter 13 bankruptcy immediately stops a foreclosure action. However, Chapter 13 does not discharge all debts. Instead, you and your attorney create a repayment plan to pay back creditors over time.
At the Law Offices of Scott H. Sweigart, we are determined to help you make the best decision for you and your family.
A knowledgeable lawyer can help you understand foreclosure in West Palm Beach
Facing foreclosure is a stressful experience for you and your family. At the Law Offices of Scott H. Sweigart, we take great pride in helping families move on after foreclosures. For more information on our services, or to speak to a highly qualified attorney, contact us today by phone at 561.737.4809 or via our online form.