Falling behind on your mortgage does not necessarily mean you will lose your home or that bankruptcy is your only option. If you are facing foreclosure, there may be opportunities to work with your lender and find a solution that allows you to remain in your home.

One option may be a loan modification, which can change certain terms of your existing mortgage to make the payments more sustainable. Depending on the lender and your financial situation, other alternatives may also be available.

Working With Your Lender

Dealing with a mortgage company during a foreclosure can be frustrating and difficult to navigate on your own. Attorney Fisher can step in on your behalf, communicate with the lender or its attorneys, negotiate possible solutions, and represent you during foreclosure mediation when appropriate.

His role is to help keep the conversation moving, address issues that may be standing in the way of an agreement, and pursue an outcome that gives you the best opportunity to protect your home.

When Bankruptcy Is Not the First Choice

For homeowners who want to avoid bankruptcy, Attorney Fisher can explore available alternatives before turning to Chapter 13. If those efforts are unsuccessful and foreclosure remains a threat, he can then explain whether bankruptcy protection should be considered.

Facing foreclosure does not mean you are out of options. The sooner you understand what may be available, the more time you may have to act.