Foreclosure Defense/Home Loan Modifications

HELPING FAMILIES SAVE THEIR HOME

Facing a sheriff sale and eviction? Have you been denied a loan modification based on what you submitted to your mortgage servicer, but not told why you didn’t qualify? Frustrated because your short sale wasn’t approved in time to close your sale? Regardless of the stage of the legal process you now find yourself in – whether in early default or at the midnight hour prior to a sheriff sale, homeowners facing the possible loss of their property should consult with a knowledgeable foreclosure defense attorney. At Eidelman & Associates, our lawyers have the training and experience to recognize every critical issue in evaluating your distressed loan. We consider your particular financial and legal circumstances in order to tailor the most cost effective resolution of your concerns.

Prior to the filing of a foreclosure Complaint, we may be able to work with your lender to help you avoid going through the foreclosure process by negotiating a loan modification. We will assist you in accurately portraying your financial circumstances to enable you to obtain the most favorable terms. We have the experience that affords us access to the appropriate decision makers to approve your loan modification.

If you prefer to sell your property through a short sale, we can assist you to obtain lender approval. We will help to assure that you may close your sale, and that your loan is satisfied properly, without a resulting deficiency balance owed by you. This may require overcoming objections by the lender, junior lien holders, or other interested parties (homeowners’ associations, etc.), in order to enable you to convey clear title to the property.
If a mortgage foreclosure lawsuit has already been filed, we provide aggressive foreclosure defense services. If you are served with a Complaint in Mortgage Foreclosure, by acting promptly on your behalf, we can prevent the lender from obtaining a default judgment and accelerating the foreclosure process. Even if a lender has already obtained a judgment, your case may qualify for a petition to open judgment and to postpone a sheriff’s sale. Let us counsel you on your next step.

We will also obtain commercial loan workouts as equitable alternatives to foreclosure concerning your rental property or vacation home. We will be happy to evaluate your circumstances, and in many cases you will be surprised at the relief now available to you when we handle your proposal to the lender. We will counsel you on the realistic requirements of the lenders to give you the best opportunity for saving- or selling- your distressed properties.

We offer loan resolution services throughout Pennsylvania and foreclosure defense services in most eastern counties, including Lehigh County, Northampton County, Montgomery County, Bucks County, Monroe County, Berks County, Chester County, Delaware County and Philadelphia County. Our clients come from Allentown, Bethlehem, Easton, Macungie, Stroudsburg, Doylestown, Philadelphia, King of Prussia, Media, West Chester, Newtown, Harrisburg, Reading, New Tripoli, Quakertown, and Alburtis, amongst other locations.

Contact an Experienced Allentown, Bethlehem and Easton Mortgage Foreclosure Defense Lawyer

To learn more about Eidelman & Associates and our approach to resolving residential and commercial distressed loans in Pennsylvania, please schedule a confidential consultation with one of our lawyers. You can call our Allentown office at 610-437-7850 or you can contact us online.