Experienced Real Estate Lawyers in New York
Mortgage Restructuring ▪ Foreclosure ▪ Workouts
In today's challenging economy, many individuals and families are finding themselves facing the risk of home foreclosure. You may have fallen behind on your mortgage for any number of reasons, but whatever the cause, you are involved in a serious situation that could soon leave you without a home.
At the White Plains, New York, law offices of Edward H. Odesser, LLC, we assist clients with options and strategies, such as bankruptcy, to try to avoid foreclosure and strive to have our clients stay in their homes. We work with you in an attempt to save your home for you and your family. We understand your fears and what you are facing. Contact us to schedule a free half hour consultation to discuss the legal options available to you.
Mortgage Restructuring — An Alternative to Foreclosure
Our goal is to help you find a lasting solution to your financial worries, not to place a temporary patch on the situation. In many cases, this can be accomplished through mortgage restructuring, also called mortgage modification.
Banks and other mortgage lenders are overwhelmed by the number of bankruptcies and foreclosures impacting their bottom line. They are more willing than ever to work with homeowners to help them stay in their homes and continue paying even a portion of their loans. As a benefit to you and themselves, they may consider mortgage restructuring to reduce your payments, forgive late fees and possibly eliminate second and third mortgages.
Our role in this process is to see that your best interests are protected throughout. Our attorneys may be able to negotiate with your lender to achieve a workable plan, allowing you to make manageable payments to pay down your mortgage.
Contact Our New York City Area Offices
We understand that this is a difficult, worrisome time. We are prepared to offer you compassionate, non-judgmental counsel to help you avoid losing your home. Contact us at 914-368-7416.
