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Strategic Default

Strategic Default Option in Orlando

Counsel from a Seasoned Florida Foreclosure Attorney

Looking for an option to avoid paying off a mortgage for more than two or three times what your property is now worth? Many individuals become deeply buried underwater, meaning they owe more on a mortgage than what their house’s current appraised value is.

What Is Strategic Default?

In Florida, the process of strategic default occurs when the borrower decides to intentionally stop making payments on either a loan or mortgage in order to strategically get out of a mortgage. If you believe that a strategic default may be a good option for your situation, take legal action today.

Get started on your free consultation with our seasoned Orlando foreclosure attorney by calling (888) 252-8754 today. 

Retain Trusted Legal Advice Today

At Haynes Law Group, we pride ourselves on delivering thoroughly developed legal counsel, ensuring that our client’s real estate issue are resolved in a favorable manner. Our foreclosure defense attorneys can help you determine the best option for your particular situation.

What Are Alternatives to Strategic Default?

When you are deciding whether or not strategic default is the right option of you, it is important to consider the negatives as well as some of the alternative options that are available to you. A strategic default may cause your credit score to drop, lead to future housing issues, and other complications.

Some of the alternative methods to strategic default include:

  • Short sales
  • Deeds in lieu of foreclosure
  • Liquidating property
  • HARP refinance
  • HAMP Loan modification

Benefits of hiring our firm:

  • Available to provide assistance
  • Experience handling thousands of cases
  • Reasonable payment plans available
  • Free initial consultations available

If you pursue this strategic default strategy, it is imperative to consult with a knowledgeable Orlando foreclosure attorney who can offer important guidance in this process.

At Haynes Law Group, we can skillfully help you navigate the default process, ensuring your best interests are protected throughout the entire process. Don’t go through this time alone! Our legal team can provide the counsel you need.

Call (888) 252-8754 or contact us online today!

Our Clients Share Their Stories

At Haynes Law Group, your satisfaction is our priority! See for yourself what our clients have to say about working with us.

    “Haynes and De Paz is an extremely talented and results driven law firm!”
    Haynes and De Paz is an extremely talented and results driven law firm! Attorney Benjamin Haynes literally had less than 24 hours to represent us in a foreclosure lawsuit. With their legal representation, we were able to secure a loan modification featuring a much lower interest rate and effectively suspend a previously scheduled foreclosure sale on our home. In less than three weeks from receiving final judgment against us by the courts, we now have a new beginning and renewed relationship with our lender in the home that we still love!
    B.G. &T.G.
    “Ben Haynes and staff are true professionals.”
    Ben Haynes and staff are true professionals. They explained all aspects of the case clearly and completely. As the case progressed they kept me informed and up-to-date not only on progress, but also on strategy, explained why as well as what at all times, their focus was on my best welfare. I am very happy with the services they provided, I feel highly confident and referring Haynes & de Paz, P.A. to others.
    M.W.
    “Took my case when others wouldn't”
    Haynes Law Group deserves more than 5 stars. Attorney Haynes took my case when others wouldn't and was reassuring and confident. He was amazing and even impressed the judge! When you need him, he is available. His assistant is also amazing, responsive, and explains everything clearly. Their teamwork truly makes clients' dreams work. 10 stars!
    Linda F.
    “I want to say thanks for the great professional service provided by you and your staff!”
    Ben, I want to say thanks for the great professional service provided by you and your staff from the first call and consultation to winning my foreclosure surplus funds! You gave me great confidence that you understood the laws very well and would give me the best representation for handling my foreclosure surplus case.
    B.H.
    “I was very happy with the service provided!”
    I was very happy with the service provided. The staff was patient and understanding and were always available to answer my questions. I was most impressed with Attorney Haynes taking time on his Saturday to personally call me regarding an upcoming deadline in my foreclosure case. Mr. Haynes was able to get my mortgage loan modified to an affordable monthly payment so that I can keep my home and my foreclosure case was dismissed!
    L.P.

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