Strategic Default - Don't Immediately Walk Away

We Can Help You

We believe that walking away from a home, otherwise known as a "Strategic Default", is not the preferred method of dealing with an upside down home or mortgage foreclosure due in part to deficiency judgment and credit issues. In most instances, we recommend to clients to short sale the home, if mortgage modification has failed or is otherwise unavailable as an option, due in part to the amount of time it currently takes to complete the foreclosure process.   If you are thinking about a strategic default, Sackrin & Tolchinsky, P.A. can help you.

Read: Walking away from your Home Mortgage – Not without Consequences

We understand that there are moral issues related to strategic defaults, but we also understand everyone has to protect their own financial interest.  This is true especially in light of the fact that some mortgage lenders did not fulfill their obligations to make sure that borrowers could afford the home they were buying and that the home was properly appraised.

If you would like more information about the alternatives to foreclosure or require the help of an experienced foreclosure attorney, because you are facing a foreclosure lawsuit, contact us today for a free consultation.

We defend foreclosure related cases brought by Wells Fargo, Bank of America, J.P. Morgan Chase, Citigroup (CitiMortgage or CitiFinancial), U.S. Bank National Association, Deutsche Bank, One West Bank (Indymac Bank), Ocwen, PHH Mortgage, LaSalle Bank, BankUnited, SunTrust Bank, HSBC Finance, First Franklin, Option One, Fremont Investment & Loan as well as other mortgage lenders and servicers.

In addition to foreclosure alternatives, most of our clients are also interested in learning about:

• The Six Stages of Foreclosure
• Foreclosure Defense
• Wrongful Foreclosure
• Appraisal Negligence claims
• Appraiser Fraud
• Unfair Lending - Lender Liability
• Short Sale Advice
• Deficiency Judgment Advice
• Short Sale Debt Collection
• Foreclosure Debt Collection
• Foreclosure Title Insurance
• Condominium Foreclosure

Free Case Evaluation - Call (954) 458-8655

Contact us today to find out how he can help you. You can contact us by phone at 954-458-8655 or by e-mail through this web site to schedule an appointment so he can help you with your mortgage foreclosure issue.  We offer a free initial consultation.

Please feel free to fill out the "How Can We Help You?" form above for a free case evaluation or to ask any questions.

Blog Posts of Interest:

• What is HAFA? - Can HAFA Help? - Deficiency Judgment Relief
• Can the Bank Garnish My Wages During a Florida Foreclosure?
• Homeowners Are Not to Blame for the Foreclosure Mess
• Suspected Lender Fraud Opens Doors for Homeowners Who Have Lost Their Homes to Claim Wrongful Foreclosure
• Charges against Goldman Sachs can Help Foreclosure Defenses on Main Street
• Lenders Beware – Foreclosure Lawsuits are Going to Trial!
• Foreclosure Defenses are stopping Mortgage Foreclosures
• Can the Bank Garnish my Wages after Foreclosure if they are seeking a Deficiency Judgment against me?
• Prime Borrowers in Florida are most at risk for a Deficiency Judgment
• Florida Deficiency Judgments – What is Fair Market Value?
• Florida Deficiency Judgments – The Rest of the Story
• Deficiency Judgments in Florida
• Renters’ Foreclosure – Know Your Rights
• Estate is Liable for Mortgage Deficiency, Not Heirs
• Florida Foreclosures – Dwyane Wade of the Miami Heat to the Rescue
• Are Big Banks Committing Short Sale Fraud?

Read our Latest News Wire: Florida Foreclosure News

In The Press:

Larry Tolchinsky contributed to a recent USAToday article regarding deficiency judgments. Read the article here

Larry Tolchinsky contributed to a recent Bloomberg.com article regarding deficiency judgments. Read the article here

Larry Tolchinsky contributed to a recent CNNMoney.com article regarding deficiency judgments. Read the article here