Skip to main content

16-Apr-2008 6:05 PM -- ann0316

I was in foreclosure and filed a chapter 13 to halt off the auction date, but we realize we will not be able to make regular mortgage payments and pay the trustee. Is there anything else left to do as far as not being foreclosed on such as deed in lieu of foreclosure or short sales. Ann

18-Apr-2008 10:19 AM -- L Sigman Esq

In order to qualify for a short sale, you have to have a legitimate offer from a buyer. In any case, you should not hesitate to act on this matter, as you may be running out of time to exercise other options if you are already behind on mulitple payments.

Please feel free to contact my office - we negotiate short sales and deeds in lieu of foreclosure for clients on, sadly, a regular basis.

Feel free to visit our website for more information about alternatives to foreclosure.

Lisa & Eric Sigman
Sigman Law Office, PC

Share this with your friends
Talk to an Estate Planning Lawyer Today
Most offer FREE Consultations
Connect with The Forum
facebook google twitter linkedin