Indianapolis Bankruptcy and Short Sales Attorneys

Are You Facing Home Foreclosure in Central Indiana?

The economic slowdown and foreclosure crisis have impacted many individuals and families that never anticipated having difficulty paying their mortgages. Virtually every working day, we talk with people whose financial troubles have come about due to job loss, health problems, divorce or other circumstances beyond their control.

In many cases, we can find a legal, effective way to stop home foreclosure. Sadly, however, under today's tough economic conditions, acting to prevent foreclosure and stay in your home is not always the best solution. Many people we help are "under water" on their homes to an extent that forces them to consider letting the property go and focusing on minimizing any liability afterward. Often, this decision leads to pursuit of a short sale — a sale of the property for less than the total amount you owe.

Legal Counsel to Protect Your Home or Future Prospects

Considerations when pursuing a short sale include:

• You must base your decision on a solid assessment of your home's real market value in comparison to what you owe on your home.
• You will need to work directly with your lender and win their cooperation in order to pursue the sale — and you will need a realtor experienced with short sales.
• It is essential to work with a bankruptcy attorney who knows how best to protect you against a deficiency judgment or other liabilities that may pertain after the sale.

Our lawyers are experienced, practical professionals equipped to evaluate all your options for dealing with debt. If you want to stay in your home, our firm is an excellent resource for setting up a Chapter 13 bankruptcy and repayment plan. We can also advise you on other options for avoiding foreclosure — and the damage it does to your credit — such as deed in lieu of foreclosure or a short sale.

Need Bankruptcy and Short Sale Information You Can Trust? Call 866-660-6928.

At Saeed & Little LLP, in Indianapolis, we take our clients' situations at face value and work hard to help them achieve their important goals. Whether you are desperately trying to find a solution that will save your home, or you are more focused on protecting your credit for the future, we can help. Please call or e-mail us today and arrange a free telephone consultation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.