At any time, something can happen that affects your ability to make the mortgage payments on your home, which puts you at risk of losing it. Whether prompted by a job loss, divorce, medical crisis or some other event, a foreclosure can be devastating for you and your family. Fortunately, help is available. At The Law Offices of Rachel L. Kaylie in Brooklyn, our accomplished New York attorneys can secure a mortgage modification that suits your current needs and allows you to remain in your home. Our skillful debt relief attorneys have years of experience and work diligently to adjust payment terms so that you can meet your monthly obligations.
Don’t be discouraged or embarrassed if you are being threatened with foreclosure. Legal help is available, even if you are not eligible to refinance, but you have to take prompt action. Once you reach out, our attorneys can discuss a wide range of potential solutions with you, including:
We have substantial experience dealing with “underwater” mortgages — those that exceed the present value of the home — and other special circumstances. No matter how complicated your situation might be, we can develop a comprehensive strategy to secure long-term relief.
When you’re struggling with money problems, dealing with an impersonal financial institution can make things even more difficult. We thoroughly review your situation and work creatively to find the best possible solution. That may include extending your payment time frame, removing penalties, lowering your interest costs or shifting to a fixed rate. Often, implementing an appropriate modification is in the bank’s best interests as well. Our lawyers understand lenders’ motivations and won’t be deterred until we secure fair terms for you.
If you seek to change your mortgage terms to reflect your current money situation, the effective lawyers at The Law Offices of Rachel L. Kaylie can provide valuable assistance. From our office in Brooklyn, we serve clients in and around New York. Call us at 844-887-6367 or contact us online to schedule a consultation.