Behind on your Mortgage?
Sometimes a loan to buy a new home starts out as a good investment, but because of a change in circumstances, it becomes unmanageable.
For example, someone buys a $250,000 home and places $25,000 as a downpayment, with the balance of a $200,000 mortgage. Because times might become tough, the homeowner may decide to take out another mortgage for a large amount. Due to a financial downturn, the value of the house then drops to $150,000. Who has to clean up the mess? The homeowner.
The experienced Pottstown area bankruptcy attorneys at the Law Office of Stephen Ross will help you through these tough times using a variety of time-tested strategies.
How Can We Help?
- Have the value of your home evaluated, and modify your mortgage to match the actual value of your home, potentially saving you tens of thousands of dollars.
- Use tried-and-true mortgage modification strategies to strip away the second (or third) mortgage on your home.
Unique Methods to get the Best Results for Our Clients
Not many law firms attempt mortgage modification during the bankruptcy process. We put your needs first, so we will use unique and challenging approaches to get the best possible result for you and your family.
Most people who come to us want to keep their home. Unfortunately, that means you’ll have to keep your mortgage in most cases as well. The good news is that we can work with you and your mortgage provider to modify your mortgage to a manageable amount based on all the circumstances.
Contact Our Pottstown, Reading, Norristown, and West Chester Area Bankruptcy Attorneys Today
Our attorneys are ready to discuss your concerns and provide answers. Our attorneys represent clients in Montgomery County, Berks County, and Chester County. Contact our Pennsylvania debt relief law firm today to learn more about what we can do to help you overcome your legal troubles.