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 your house’s current appraised value.
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.
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Haynes Law Group helped us litigate through the foreclosure surplus process. There were several liens against my property. However, Haynes Law Group filed various motions that eventually ended up allowing us to collect the excess proceeds from the court. Without Haynes Law Group, we most likely would not have collected a single penny! If you are facing foreclosure or want help collecting on a foreclosure surplus, hire the law firm of Haynes Law Group!A.H.
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Thank you for your professional and very personal expertise during my recent Short Sale transaction! Your immediate response and attention to detail created a very prompt and effective outcome! I would highly recommend your legal assistance to anyone in need of a expert to get the job done!!Pam
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I want to thank the office of Haynes Law Group for all they did for my loan modification - Attorney Haynes, Ashlee Walker and Alexandra Slagel were always very professional - they were always there to answer my questions and ease my stress level. This time is always difficult but with a team like this is was smooth and I always had this amazing team taking care of me and making sure in the end we got what we wanted. I always knew they had my back. Again thank you for everything you did for me forever grateful!A.J
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When it seemed hopeless, Lawyer Benjamin Haynes fought and won a $92,873.91 foreclosure surplus for our family! We approached Mr. Haynes after the foreclosure sale on our property. There was a surplus of around $93,000.00 and a second mortgage of around $170,000.00. Therefore, we thought we had no chance to collect the surplus since there was a second mortgage which takes priority over our claim, per Florida law. However, Mr. Haynes took our foreclosure surplus case and started digging very deep! Through Mr. Haynes’ extensive research, he came up with an argument and won in court! The bank didn't know what hit them! We won nearly a $93,000.00 surplus. We received the check in full the next week from the court! If you have a surplus case, you NEED to contact and hire the law firm of Haynes & de Paz. Mr. Haynes will not give up and will work to win you the surplus funds! Now, my wife and I are able to put a down payment on another property. Thank you Mr. Haynes and the law firm Haynes & de Paz!!!!!T.Y.
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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.
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