Dedicated South Florida Mortgage Modification Lawyers Work to Prevent Foreclosures

Responsive attorneys adjust terms to help homeowners in the South Florida area struggling with debt

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 Beralus Law Firm, PLLC, our accomplished attorneys can work with your lender to secure a mortgage modification that suits your current needs and allows you to remain in your home. Serving clients in the Fort Lauderdale area and throughout Florida, our skillful debt relief attorneys work diligently to adjust payment terms so that you can meet your monthly obligations.

Proactive South Florida advocates present legal options to burdensome mortgages

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:

  • Voluntary modification — Under rules set by the U.S. Department of Housing and Urban Development, you can petition your financial institution for an appropriate mortgage modification. We can explain the relevant guidelines and put together a proposal that gives you the best chance to move ahead with more favorable terms.
  • Mediated adjustments — If a foreclosure action persists, mediation before a neutral third party might break down the differences between you and your lender. We strongly assert your rights during these proceedings and work diligently to reach consensus.
  • Relief through litigation — Filing for bankruptcy stops any foreclosure actions. This break can give you and the bank a chance to resolve your issues in a way that reflects your new economic reality.
  • Permanent alimony — Permanent alimony may be given to a spouse who is seriously ill or who has demonstrated economic need. This agreement can be modified due to a changed financial situation or other substantial change.

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 that keeps you in your home.

Skilled advisers negotiate with banks on your behalf

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.

we committed to helping you

If you seek to change your mortgage terms to reflect your current financial situation, the effective lawyers at Beralus Law Firm, PLLC can provide valuable assistance. From our office in Fort Lauderdale, we serve clients throughout Florida. Call us at 954-793-4827 or contact us online to schedule a free consultation.