Defending Your Bankruptcy Rights - One Creditor at a Time

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A short sale is when your lender or mortgage company agrees to allow the sale of your home at a price that is lower than the balance owed on the loan.  The Bankruptcy Defender can help homeowners by negotiating with your lender that it is in their best interest to accept a sale for less than owed on the loan.  This avoids a lengthy foreclosure process by the lender.

Often real estate agents may tell you that you don’t need an attorney during the short sale process.  You should be cautious of a real estate agent that tells you this.  Without an attorney watching out for your interests, you may end up signing an agreement that makes you liable for the full deficiency remaining after the short-sale.  In other words, you have just helped the bank sell the home in less time and with less trouble, but you are STILL liable for the full loan balance.

Enter into a short-sale with confidence that an attorney is looking out for your best interests during the short-sale process.  Contact the Bankruptcy Defender to have an attorney on your side during the short-sale.  Don’t short-sell your home only to have to file bankruptcy because of a deficiency judgment!

Contact Us Today to get started with short-sale legal representation or for a free consultation for other available options.

Related articles:

• Lost your house? You still have to pay (cnn.com)
• In Short Sales What is a Deficiency Judgment versus the 1099? (activerain.com)
• What Happens When Short Sales Fail? (realestateradiousa.com)