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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 & de Paz saved our family home!”
    We had given up hope of saving our home from foreclosure when a friend recommended the law firm of Haynes & DePaz. What a blessing. With personal help and encouragement, Mr. Haynes and his staff guided us through the case. They were quick to respond to email messages and phone calls. And best of all - Success! We now have a mortgage we can live within the home where our children were born and grew up. Exactly where we want to be! Haynes & de Paz saved our family home and we are forever grateful!
    B.G.
    “I appreciate all their hard work and would recommend them if you find yourself in the same situation.”
    I would like to thank Haynes and De Paz for assisting me with a foreclosure. This was a long and arduous process for me, but they stuck with it and were able to secure a successful settlement. I appreciate all their hard work and would recommend them if you find yourself in the same situation.
    S.P.
    “My wife and I are so thankful for the help of Benjamin Haynes of Haynes Law Group.”
    My wife and I are so thankful for the help of Benjamin Haynes of Haynes Law Group. As an attorney herself, my wife felt it was best to hire a specialist to obtain excess funds a county was withholding. Benjamin Haynes was the right choice. Thanks Ben!
    R.C.
    “Great law firm.”
    Haynes Law Group was highly effective yet caring and compassionate in handling my cases. He would be my first call if I should need an attorney again.
    LL
    “We would like to thank Attorney Haynes and his staff for their flexibility, patience and professionalism throughout the entire process!”
    We would like to thank Attorney Haynes and his staff for their flexibility, patience and professionalism throughout the entire process of reconciling our home back to good standing. Since the recession started in 2008 we were having difficulty staying afloat and had to make some hard decisions, of which, had some unexpected consequences. Nevertheless, after a 7 year battle with the legal system this was brought to closure. We will be forever grateful for their services and will look to them in the future for other legal matters dealing with properties and future businesses. Many Blessings!
    A.M. and Family

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