- Free Consultation: (202) 448-5136 Tap Here To Call Us
Stop Foreclosure in Washington Dc, Virginia and Maryland
Lee Legal assists real estate agents representing sellers who are facing foreclosure. We stop foreclosure in Washington DC, Virginia and Maryland. We work with realtors to ensure a smooth sale outside of the foreclosure process.
When a Seller is Facing Foreclosure
Often realtors are approached by sellers who have lots of equity in their homes, but who simply cannot afford to make their mortgage payments. Many homeowners also do not qualify for refinancing or additional home equity loans to ride out a financial crisis like unemployment. When a seller is facing a foreclosure auction, a realtor may need just a few extra weeks to market the property, find a buyer, and close the deal.
When a mortgage company initiates foreclosure proceedings, they incur bulk of the costs (including publication, court costs, and attorneys fees) up front. Subsequently, mortgage companies have little incentive to interrupt the process until title has been transferred and the homeowner has vacated. That’s where Lee Legal can help a realtor obtain time to settle on the property.
Stop Foreclosure in Washington DC, Virginia and Maryland
Chapter 13 bankruptcy is the only feasible legal mechanism to stop foreclosure in Washington DC, Virginia and Maryland. Other methods do not work. Filing Chapter 13 provides sellers and their realtors alike the “breathing room” they need to make a sale. The bankruptcy stay puts an immediate stop to any scheduled foreclosure sale or collection activity.
Lee Legal has filed numerous last-minute bankruptcies to stop foreclosure in Washington DC, Virginia and Maryland. Bankruptcy delays foreclosure and provides agents with the time they need to confidently market the property. Bankruptcy remains a homeowners very last option foreclosure proceedings have commenced.
Realtors Should Advise Sellers Facing Foreclosure to Consider Bankruptcy
In 2010, during the middle of the economic crisis, careercast.com ranked real estate agents ranked the 10th Most Stressful Job. In 2017, thankfully, realtors don’t make the list. After all, realtors shouldn’t have as stressful jobs as enlisted military personnel, firefighters, or airline pilots. Sometimes, I know, it can feel that way.
If your client seeks to stop foreclosure in Washington, DC, Virginia, or Maryland, then read my article File Chapter 13 to Delay Foreclosure. Act quickly to preserve your options. Call Lee Legal at (202) 448-5136 to talk it over.
They Called. They're Glad They Did.
Brian Lee from Lee Legal was an amazing attorney to work with. He took his time, reviewed my documents and we discussed my situation thoroughly. He explained the process and my options as well as gave his recommendation. Not only did he assist, but he ensured that I knew this...
I was very nervous and scared about going through this process. But Brian was very knowledgeable and helped me through it. I was notified about any and all updates to my case and he was very responsive when I had questions regarding any concerns I had. Although a bit nerve...
Brian provided me with a very detailed analysis about my potential case after our first consultation. He promptly responded to all my complex questions, especially navigating student loans and some tax discussions. He is very professional and experienced at what he does, I would...
I've had the pleasure of working alongside Brian V. Lee for several years, and I can say without hesitation that he is one of the most knowledgeable bankruptcy attorneys in the DMV area. Brian's command of Chapter 7, 11, and 13 practice is exceptional, and his clients in the DC...
Brian has the amazing talent of taking complicated legal matters and distilling them down to seamless, frictionless resolutions. He is a phenomenal problem solver and a trusted advisor.
Brian is both warm and professional. He helped me navigate a financial issue that I had not been looking forward to working on and he made the entire experience non-stressful, receiving a lot of anxiety I had around the matter. He is straight forward and a fantastic problem...
I had the opportunity to work with Brian at a time when I was challenged by a professional setback and forced with the challenge of making some very difficult legal decisions. Additionally, I worked with him again as I was dealing with some financial issues pertaining to my...
Still several years from Public Service Student Loan Forgiveness and saddled with significant student loan payments in proportion to my income, I came to Lee Legal to explore the bankruptcy path. Through his counsel, Brian took the fear out of the process and helped me to...
