Port St. Lucie Foreclosure Defense Lawyer

Loan default notices or foreclosure notices can come as a shock, even when you've been dealing with overwhelming debt for months. With Port St. Lucie County's foreclosure rate holding at the third highest foreclosure rate in the country, it is important to understand that you are not alone. Job layoffs, reduction in hours and other economic conditions — as well is factors such as divorce, sudden illness or other life circumstance — can cause the finances of honest, hardworking individuals to quickly spin out of control.

If you are facing mortgage foreclosure in Port St. Lucie County or surrounding communities, you can count on the law office of Steven G. Glucksman, PA, to educate you about your legal options and represent your interests.

Foreclosure Defense Focused on Protecting Your Rights and Interests

As an experienced and compassionate Port St. Lucie foreclosure defense attorney, I quickly evaluate your situation and recommend a course of action to delay or defeat foreclosure efforts. Among the many legal options available, my firm can assist you with the following:

• Short sale: Homeowners can attempt to proceed with a short sale in order to stop foreclosure and repay a discounted value of the mortgage. Short sales involve a sale of the property for less than the balance due to the lender. In order to succeed with a short sale, it is important not only to obtain the lender's approval for the short sale, it is also important to obtain approval that the remainder of the mortgage will be forgiven once the short sale is completed.
• Deed in lieu of foreclosure: One method used by homeowners to stop foreclosure is a deed in lieu of foreclosure. A homeowner transfers ownership of the property to the lender, and in exchange, the lender forgives most, if not all, of the remaining balance of the mortgage.
• Mortgage modification: Modification of your mortgage can be extremely difficult. However, if successful, it can prove effective in reducing your mortgage payment (by adjusting the interest rate or other terms of the mortgage) to a more manageable payment. With Florida's high foreclosure rate, mortgage mediations are required before any foreclosure case can proceed. At the law office of Steven G. Glucksman, PA, you can count on the guidance of an experienced Port St. Lucie and Fort Pierce mortgage modification lawyer to represent your interests, whether through initial stages of mortgage modification or mandatory mediation.

Honest Guidance From a Fort Pierce Mortgage Modification Attorney

Mortgage modifications, short sales and deeds in lieu of foreclosure can be beneficial ways to stop foreclosure and reduce the financial liability of the homeowner, if completed correctly. It is important to understand the potential risks associated with each method, such as the potential for additional tax liability in your next tax filing, and weigh that risk with the risk of a potential deficiency judgment from the lender for the remaining balance of the loan, if the home forecloses and is sold for less than what the bank is owed.

With over 35 years of complex civil litigation experience and comprehensive understanding of Florida's mortgage foreclosure laws, my firm can provide the honest evaluation you need to make important decisions about your financial future.

Contact Steven G. Glucksman, Fort Pierce Mortgage Modification Lawyer

For experienced and understanding service in mortgage modifications or defense in Port St. Lucie County, contact Steven G. Glucksman, PA. I can be reached by phone at 772-871-1515 or toll-free at (888) WE-CAN-SUE or by contacting my Port St. Lucie law firm online. All major credit cards and debit cards accepted.