Chico Short Sale Lawyer
Sometimes, no matter how hard you work to bring in more money and turn
around a difficult financial situation, your best efforts are just not
enough. During such times of financial hardship, the threat of losing
your home to foreclosure is extremely serious and deeply troubling to
most homeowners. Not only do you risk losing your home and sanctuary,
but there is also the long-term damage that foreclosing on a house brings.
Your credit score can drop as many as 200 points and the foreclosure will
remain on your record for 10 years.
Short sales offer you a way to get out of this situation without having
to foreclose on your home. A short sale entails you making an agreement
with your lender so that you are able to sell your home for less than
you owe on the property, with the lender waving the remainder. If you
are behind in your mortgage payments and are concerned about having to
foreclose on the property, contact a
Chico bankruptcy lawyer to obtain legal support for a short sale. We have been assisting local
homeowners avoid the pain and penalties of foreclosure for several years,
and will work tirelessly on your behalf. We will meet with you and learn
everything about your situation in order to provide you with the best
legal counsel possible to help you avoid foreclosing on your property.
Foreclosure Defense: Short Sale in Butte County
Short sales do have a negative impact on your credit, as they can lower
your score and sometimes contribute to higher credit card interest rates.
However they are significantly better than a foreclosure and enable you
to walk away from the property without too much damage to your credit,
and without having to go through the costly foreclosure process.
Contact a Butte County bankruptcy attorney to discuss your situation and learn about options regarding doing a short sale.