Defending Your Home Against Foreclosure
The prospect of losing your house is frightful and depressing. But you may have legal remedies to save your home if you have fallen behind on house payments or even if your lender has initiated foreclosure proceedings.
The Law Office of Chad M Sherwood, LLC, in Pleasantville, New Jersey, assists homeowners in the Atlantic City area and throughout the surrounding areas of southern New Jersey. Our experienced attorney provides foreclosure defense and mortgage alternatives to avoid uprooting your family and forfeiting your property. Contact us today to explore your options.
Find Solutions To Mortgage Problems
Chad Sherwood is a certified civil trial lawyer* who can effectively assert your rights as a homeowner. With his extensive background in consumer bankruptcy and civil litigation, he is uniquely qualified to advocate for you in state or federal court, or in negotiations with the entity that holds your mortgage note.
Depending on the specifics of your case, you may be a candidate for:
- Loan workout — The bank or mortgage company may agree to modify your mortgage: reducing the payment or interest rate, extending the term of the loan, or partially forgiving the arrears. Our role is to negotiate on your behalf and make sure that your best interests are served.
- Foreclosure mediation — This program, overseen by the New Jersey courts, helps struggling homeowners reach solutions with lenders. It is similar to a bank workout, except that the playing field is more level and the lenders negotiate in good faith.
- Foreclosure defense — Chad Sherwood will review your situation for abnormalities that would prevent the lender from foreclosing such as improper notice, documents signed by only one co-owner or inability to produce the original paperwork. We can file suit to challenge the legal basis for foreclosure.
- Bankruptcy — Filing for bankruptcy automatically halts the foreclosure process and prevents lenders from engaging in further legal action or harassment. Chapter 7 bankruptcy can eliminate unsecured debts, freeing up money to afford the mortgage. A Chapter 13 bankruptcy lets you stay in your house and pay the arrears over time (and possibly erases a secondary mortgage).
Do You Qualify For Foreclosure Relief?
There is no substitute for the advice of an attorney who has handled all of these scenarios and successfully rescued individuals and families from foreclosure. You will always work directly with Chad Sherwood, rather than being pawned off to an associate or paralegal.
Our Atlantic City foreclosure defense attorney offers a free, confidential consultation to find out what options you may have for keeping your home and relieving your debt crisis. Call 609-241-9377 or 866-261-2421 toll free. You may also fill out a convenient intake form.
*We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.