How To Handle Short Sales And Bankruptcy

One option for people facing foreclosure on a home that has lost significant value in the housing crisis is to sell the property for less than you purchased it for. Known as a short sale, it is important to work with your mortgage lender to execute this plan, or else the lender may come after you for the difference between what the house is sold for and the remainder of the mortgage.

When you are facing a complex financial crisis and serious debt associated with foreclosure and short sales, it is important to get the legal guidance you need to make an informed and effective decision. At Kingcade Garcia McMaken our Miami bankruptcy attorney has helped more than 15,000 Florida clients get the information and help they need to get out from under overwhelming debt. We have the knowledge and experience to help you understand how bankruptcy and short sales may work for you.

Short Sales, Bankruptcy And Other Alternatives

There are potentially real and serious consequences to filing for bankruptcy or seeking a short sale on a home. We understand how difficult either of these decisions are, and when you hire us as your representation we will thoroughly evaluate all options and strategies to get the solutions you need. We are a client-focused law office, and we try to constantly act in your best interest.

If you are looking to prevent foreclosure and protect your home, we may be able to use options under Chapter 7 or Chapter 13 bankruptcy to help you accomplish that goal. Also if a lender is pursuing collections against you following a short sale, we may be able to help you discharge that debt.

Don't Wait To Get The Help You Need

These are complex issues, sometimes with no immediate or easy answer, and every client's situation is different. If you have questions about foreclosure, bankruptcy and short sales, then it is likely that you need the advice of our highly experienced bankruptcy lawyer.

As an experienced CPA and accomplished legal professional, our primary attorney Timothy S. Kingcade can offer sophisticated advice built specifically to match your need. Contact Kingcade Garcia McMaken online or by phone at 305-285-9100 to schedule a free consultation and review your case with a dependable professional.