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Strategic Default

HomeForeclosure Defense

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:

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 “Talk With An Attorney form above for a free case evaluation or to ask any questions.


HAMP Lawsuits – Loan Modification Lawsuit: Borrowers Sue Banks for Failing to Do the Right Thing With Trial Period Plan Loan Modifications – Lenders Fail To Follow HAMP Requirements or Honor deals they offer Borrowers

Florida Mortgage Loan Modifications Denials and Modification Appeals: Submission and Re-Submitting of Loan Documents To Get Your Deal Done

Florida Bank Reject Your Loan Modification? It Seems to be Happening to Lots of South Florida Homeowners: What’s Up? Home Owners Are Suing Banks for Failed Modifications


Blog Posts of Interest:


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 article regarding deficiency judgments. Read the article here

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