When facing foreclosure, you need to know your legal rights. Bonardi & Uzdavinis LLP, a Tampa foreclosure attorney, offers homeowners realistic solutions and expert advice. He is one of the few Florida foreclosure attorneys who uses legal tactics and strategies to protect your rights.
Florida leads the nation in foreclosures, with almost 1 in 400 homes foreclosed every month. You should hire a Tampa Florida foreclosing lawyer to represent and guide you through the entire process. This is an important step, especially with so many foreclosure cases being filed each day. Bonardi & Uzdavinis LLP provides expert advice for homeowners facing foreclosure. He will give more time for you to consider alternatives such as short sales, loan modifications, or deeds-in-lieu. No matter where you are in the foreclosure process, The Law Offices Bonardi & Uzdavinis LLP is here to assist you.
Mortgage Loan Modifications
A permanent modification to a loan’s terms is referred to as a loan modification. The borrower can get current and lower their mortgage payments, or in some cases reduce the principal. It’s more affordable for both the lender and borrower to go through a loan modification than a foreclosure.
A loan modification may sound simple but it can be a lengthy process. It could require an increase in interest rates or an extension of the loan term. Bonardi & Uzdavinis LLP helped dozens clients who were facing foreclosure stay in their home through loan modification. They can ensure that borrowers receive the best possible terms, allowing them to maintain their homeownership.
Consult professionals who have experience in the process of loan modification. You can also get a better home loan with their help.
Short sale to avoid foreclosure
Even if you have no equity, you can still sell your home. A “short-sale” is what this is. Your lender must approve a sale of your home for less than what you owe. The process can be lengthy and require long negotiations. It may be your best option to avoid foreclosure and its negative effects on credit.
Short sales are a way to convince the lender to accept less money than they would if foreclosure was to be pursued. Negotiating this will require a skilled short-sale attorney who knows real estate law as well as lender negotiations. Bonardi & Uzdavinis LLP in Tampa, Florida, negotiates short sales on behalf of their clients. They can convince lenders that a lower price is better than foreclosure, and they will sell the property in the future. Their experience and dedication help clients avoid foreclosures, and find a solution which is mutually beneficial.
Bonardi & Uzdavinis LLP’s knowledge and expertise can help homeowners streamline the short sale process. They want to help their clients recover their finances, move on and minimize the financial and psychological impacts of foreclosure.
If there is no other option, bankruptcy is the only choice
If you have exhausted all other options, bankruptcy may be the only option to save your home and prevent foreclosure. In bankruptcy you can restructure your debts, protecting you from creditors and creating a manageable situation. You can benefit from bankruptcy by reducing your debts to creditors or extending the repayment terms of your loans. You can pay off your mortgage, and your finances will be stabilized.
Bonardi & Uzdavinis LLP understands that bankruptcy can be a result of unforeseen circumstances such as divorces, business failures or mortgage related distress. While bankruptcy may seem extreme to some, it can be a viable option for those who are drowning in debt. This is not a decision to be made lightly. You should seek professional advice to help you navigate the complexities and pitfalls of bankruptcy.
Bonardi & Uzdavinis LLP can guide you through the bankruptcy process, helping you understand your options and achieve a positive outcome. They can help minimize the negative consequences of bankruptcy and get you back on track to financial recovery.
Tampa Florida Foreclosure Defense You Can Count On
Bonardi & Uzdavinis LLP is a knowledgeable and trusted foreclosure defense attorney who can help you determine the best course to take based on your situation. Their offices are conveniently located throughout Tampa Bay, and they’re ready to defend your house from foreclosure. They are located in Tampa, St. Petersburg and Clearwater.
Bonardi & Uzdavinis LLP ensures that you receive the best possible defense against foreclosure. You will have peace of mind and be on the path to financial stability. Don’t face foreclosure alone. You can receive expert advice and assistance from Bonardi & Uzdavinis LLP.
This post was written by a professional at Bonardi & Uzdavinis, LLP. Bonardi & Uzdavinis, LLP is a boutique, full service law firm providing its clients with a wide range of representation. Our primary areas of practice include real estate attorney clearwater fl, probate, personal injury, construction, and commercial litigation. If you are looking for a real estate attorney or personal injury attorney in Tampa Bay contact us today for a case evaluation today!
