Foreclosure Lawyer New Haven, CT

Foreclosure Lawyer New Haven, CT

Foreclosure Lawyer New Haven, CT

Our foreclosure lawyer in New Haven, CT knows that when a homeowner has fallen behind in their monthly payments, the bank or mortgage will pursue foreclosing on the home. One of the possible ways to stop foreclosure is to have a New Haven, Connecticut foreclosure lawyer file for bankruptcy. Making that decision to file for bankruptcy or losing your home can be a difficult one given the impact either of these choices can have on a person’s credit score and history. A foreclosure stays on a person’s credit report for seven years, while bankruptcy will stay on the report for 10 years.

If you are facing foreclosure and think filing for bankruptcy may be an option, call The Law Offices of Ronald I. Chorches to meet with a seasoned New Haven, CT foreclosure lawyer to find out what options you may have. Filing for bankruptcy to stop foreclosure may offer the following benefits:

You Will Save Your Home

The first issue a homeowner facing foreclosure must decide is if they want to save their home. If there are only a couple of months of payments owed, the mortgage lender is often willing to work with the homeowner. Foreclosure is an expensive process for lenders and if they can avoid going that route, they will often offer several options including:

  • Letting the homeowner make up the late payments
  • Giving the homeowner a forbearance (adding the late payments to the end of the mortgage)
  • Restructuring the loan

As a foreclosure lawyer in New Haven, CT can explain, mortgage lenders look upon foreclosure as a very serious issue, much more serious than filing for bankruptcy. Foreclosure typically lowers a person’s credit score by approximately 300 points. Some lenders may agree to a short sale (selling the house for less than the principal balance owed), but the homeowner may still have to pay the remaining balance. Sometimes, the lender will waive that balance, or they may accept a deed in lieu of foreclosure. This is where the homeowner signs over the home to the lender and there is no balance owed on the loan.

There are several options when filing for bankruptcy in order to stop a foreclosure. If the homeowner has income, Chapter 13 bankruptcy is often the best option. With this type, the person is allowed to restructure their debt instead of having to liquidate what they own.

As soon as the bankruptcy is filed, there is an automatic stay put in place that puts a stop of all debt collection attempts by creditors. This includes putting a stop on any foreclosure proceedings the lender may have initiated. A trustee will be appointed to oversee your bankruptcy and a payment plan will be created in order to repay all the debts the homeowner owes. The goal of Chapter 13 is to help the person get caught up with their mortgage and any other debt they may have.

How Our Foreclosure Lawyer New Haven, CT Offers Can Help With Your Foreclosure

If you are under stress and pressure regarding the foreclosure of your home, know that foreclosing does not have to be the answer. It is possible to defend your right to stay at your home when a bank is attempting to foreclose, but it is not a legal battle you would want to fight on your own. Having an attorney on your side can strengthen your case and help you when the legal battle becomes complicated and intense. We have been in this business for many years and care about giving our clients the best results possible. We can help you fight your foreclosure battle and give your case the professional edge it needs when discussing your situation with banks and going to court.  

Why It Is Best To Have an Attorney On Your Side

Although it is not impossible to successfully defend your home against an impending foreclosure, it is often very difficult to do so without a legal background, specifically in foreclosure law. Thus, there are a few reasons it would be beneficial to hire one of our attorneys.


  1. Foreclosure laws evolve and change over time.
  2. Attorneys in foreclosure laws have the specific skills needed.
  3. Your defense can quickly become complicated.
  4. There are certain rules and procedures you must follow exactly.

Changing Foreclosure Laws. Foreclosure laws are constantly evolving, and without a legal background, it can be hard to know what is most current and which laws can greatly help you with your foreclosure defense.

Attorneys Have What You Need. Attorneys that work specifically in the foreclosure field have had years of practice and training about the law relating to foreclosures and defenses. 

Your Defense Can Get Complicated. Your defense will be the heart of your case. You might be in a situation where the bank should not be foreclosing on your house in the first place. However, when you claim that they should not foreclose, you need to have solid reasons and evidence to back up your claims. When this is the case, you will need the right information regarding past court decisions and local statutes to help support your claim.

Rules and Procedures. Especially with foreclosure cases, there are certain time limits that must be followed exactly. When you respond to a foreclosure notice and fight it, you need to have it in writing and in the appropriate legal format. This means filing legal paperwork with your court, meeting the deadlines set forth, and potentially even going to trial. 

If you are facing foreclosure, contact The Law Offices of Ronald I. Chorches to schedule a free and confidential consultation with a foreclosure lawyer New Haven, CT clients recommend.