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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.

    “Will definitely use again if ever need to!”
    After 3 plus years of dealing with a foreclosure surplus issue, in less than 24 hours of speaking to Benjamin Haynes for the first time, court hearing was next day, it was finally over and resolved and with positive results. I wish I would have know about them before ! Will definitely use again if ever need to.
    S.N.
    “Kept me at ease.”
    This firm eased my worries. They stayed on top of everything. Even during COVID. They were extremely patient with me. Kept me in the loop. Explored all my options. Their prompt and detailed service was much appreciated. Their customer service was very kind. Their price for service was reasonable. Loved the payment plan options they provided. Thank you for all you have done for me regarding the foreclosure case. I would recommend them to any and everyone
    ML
    “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.
    “Thank you for helping me achieve a positive resolution.”
    I would like to express how pleased I am to have chosen Haynes Law Group for my legal needs. I appreciate the responsiveness to my inquiries and the legal guidance during my situation. Thank you for helping me achieve a positive resolution.
    Veronica
    “I can't say enough about this firm.”
    I can't say enough about this firm. I literally had 24 hours to file with circuit court or lose surplus funds from my father's Florida property. I goggled how to file myself and Haynes & De Paz popped up. I contacted them and they went to work immediately. Did every thing they said they would and collected the funds. Thank you!
    K.S.

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