Save Your Home! Experienced Foreclosure Defense

Your home is more than a house. It is where you have built precious memories. It is your sanctuary. The thought of losing it in foreclosure is devastating. At The Law Offices of Ronald I. Chorches, we get it. For more than 25 years, our foreclosure defense attorneys have been helping people in Hartford, Connecticut, and the surrounding communities stop foreclosure and find solutions to their debt problems.

There are many options for saving your home. We will work with you to find a solution. Our attorneys will take the time to understand your situation, then provide you with options and recommendations. Whether you need help negotiating a mortgage modification or have already received a foreclosure notice and need representation, we can help. We will guide you through the mediation process and review with you the benefits of a Chapter 13 bankruptcy.

Facilitating Mortgage Modifications

Obtaining a mortgage modification on your own is tough. The hard part for individuals attempting to negotiate on their own is that you are really at the mercy of the mortgage companies. If you don’t have leverage, it is hard to get a good deal. We can give you that edge. We can help you negotiate favorable terms that may include a reduction in mortgage payments that reflects your ability to pay.

People often get stuck with the mortgage modification process. Mortgage companies routinely reject modification requests if paperwork is incomplete or is not filled out correctly. We can assist you with completing the documentation correctly and facilitating the modification. If you have already been approved for a modification, let our lawyers review your legal documents to ensure that the terms are in your best interest  not just your banks.

Understanding Connecticut’s Mandatory Foreclosure Mediation Process

Connecticut has a mandatory mediation program as part of foreclosure proceedings. Make sure you have an experienced attorney on your side who can advocate for you. Call our firm as soon as you receive foreclosure papers. We can give you the leverage you need when trying to save your home.

We will guide you through the mediation process. Before going into mediation, we will review your finances and prepare documentation for the mortgage companies. Once you have received foreclosure papers, it is imperative that you contact us. Putting an experienced attorney on your side greatly improves your chances of coming to agreement and saving your home. At The Law Offices of Ronald I. Chorches, we prepare you for mediation by reviewing your finances, completing all required documentation and counseling you through the process, including representing you throughout the entire mediation process.

Preventing Foreclosure Through Chapter 13 Bankruptcy

Chapter 13 bankruptcy may be your best choice if you have equity in your home and a job, but are struggling to pay bills and need time to catch up. The minute you file Chapter 13 bankruptcy, a foreclosure proceeding is stopped. Under Chapter 13, you will be able to reorganize your debt, eliminate most or all of your unsecured debt and pay back the rest over a three- to five-year period. Chapter 13 also provides you with the opportunity to liquidate your house so you can protect and cash out the equity in your property.

Other Options For Saving Your Home

  • Forbearance agreements allow you to work out a plan with your lender that allows you to catch up on late mortgage payments over a one-year period of time. It may require you to pay back a portion of what you owe upfront.
  • Short sales are used when you owe more than the current value of the home. When considering this option, it is important to work with an attorney to ensure that you do not receive a deficiency judgment.

Contact Us for a Free Bankruptcy Consultation

For a free, confidential consultation about how we can help you keep your home, please contact us online, or call The Law Offices of Ronald I. Chorches at 860-563-3955. We have offices in Wethersfield and Winsted, and are easily reachable from the cities of Hartford, West Hartford, East Hartford and Manchester.