Foreclosure Defense & Loan Modification Law

Oakland County Foreclosure Defense Lawyers

Most people in financial peril recognize the loss of a home as the final stage in a long economic nightmare. Fortunately, homeowners still have legal options. If you have received a notice of foreclosure, contact an experienced lawyer as soon as possible. We can thoroughly investigate your situation and provide information regarding your options.

It is not uncommon for individuals to attempt to work with a lending institution to obtain mortgage assistance when going through financial hardship. Unfortunately, this method of avoiding foreclosure is not always effective. It is crucial to have the knowledgeable Oakland County foreclosure defense attorneys at Ryan B. Stearn P.C. on your side. While the bank might not always see a loan modification as a beneficial resolution, we can directly work with the lender to arrive at a compromise. Failing that, we will aggressively defend our clients through all stages of the legal process.

Novi Loan Modifications Attorney

Whether you are in danger of losing your primary residence or a vacation home such as a summer cottage or cabin, we encourage you to schedule a free consultation with an attorney to discuss your situation. Our firm will examine your real estate and financial situation to find the best possible solution, including:

  • Short sale: Many lending institutions will agree to accept a lesser payoff of the mortgage loan, and release the homeowner from any further financial liability on the loan.
  • Deed in lieu of foreclosure: Many lending institutions will agree to accept a deed to the property in lieu of foreclosure.
  • Loan modification: Many lending institutions will agree to modify the terms of the mortgage loan to reduce the homeowner’s monthly payment and provide him or her an opportunity to become current on the loan and save the home from foreclosure.
  • Cash for keys: Many lending institutions will pay the homeowner for possession of the property and release the homeowner from any further financial liability under the loan.

It is important to act quickly. Your lender has already taken steps to protect their investment; you need the same type of tenacity on your side.

Contact Us

If you have questions regarding any of our practice areas, contact Ryan B. Stearn P.C., for a free consultation. We can be reached at 248-633-8880 or through the online contact form on this website. Our firm accepts most major credit cards as payment for services, and we offer flexible appointment hours based on the needs of our clients. Our office is located on the west side of Greenfield Rd, only 1/2 mile north of 12 Mile Rd with easy, first-floor access.

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