Resources from a Massachusetts Foreclosure Defense Firm
Connecticut Foreclosure Resources
Are you struggling with your foreclosure process? If so, do not hesitate to read through the resources that our legal professionals from The Law Office of Glenn F. Russell, Jr. have compiled to help you through the very complicated process of foreclosure. With helpful resources, services, professionals, workshops, financial management classes, and counselors, homeowners in Connecticut can trust that their concerns can be addressed.
If you wish to learn how to avoid scams, determine if there are defenses to foreclosure or foreclosure alternatives available to you, or simply want other forms of assistance after you have lost a home in Connecticut, you can find other programs and services by clicking on our helpful links.
As trained foreclosure defense professionals, we know how important information is at this time. Read through the information that we have provided. If you have additional questions or concerns, we absolutely encourage you to call a Massachusetts foreclosure defense attorney from our firm to discuss your matters in confidence.
Foreclosure Prevention Resources
Are you facing foreclosure? Do you feel as though there is nothing that can save your home? Rest assured that there is hope when you retain a Massachusetts foreclosure defense lawyer! If you cannot make your mortgage payments, our firm has provided helpful resources that can give a unique insight into the foreclosure process and steps that you may be able to take to prevent the foreclosure process from happening.
Mortgage Back Security
- Mortgage Back Security Overview
- Mortgage Back Security I
- Mortgage Back Security II
- Mortgage Back Security III
Contact The Law Office of Glenn F. Russell, Jr.
Remember, there are always legal options when you have a foreclosure defense attorney by your side. Only a qualified professional can determine the best course of action for your personal circumstances, however, so the faster you get in contact with a foreclosure defense lawyer from our firm, the faster we can help you return to a life of financial security and certainty.
There may be alternatives available to you, so contact The Law Office of Glenn F. Russell, Jr. today!
Are You...
- Drowning in debt?
- Feeling stressed because of your finances?
- Being harassed by creditors?
The Law Office of Glenn F. Russell, Jr. is here to help you with all these issues and so much more before they become a major issue.
Hear From Our Happy Clients
"I truly appreciate having Glenn not just as an advisor, but someone truly on my team."
Our FAQ
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Do I really need a foreclosure lawyer?Absolutely. Should you need foreclosure defense counsel, only an experienced attorney can determine which course of action is best for you. Whereas predatory scam artists try to prey on your financial vulnerability, a skilled foreclosure defense attorney genuinely can look out for the best interest of you and your family. Legal advice must be practical and efficient in order to be effective, so if you need strong legal guidance, trust that The Law Office of Glenn F. Russell, Jr. can offer the counsel needed to successfully navigate the complicated legalities of foreclosure or bankruptcy.
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Third parties are offering to help my foreclosure process. How do I know who to trust?
Perhaps one of the greatest obstacles individuals encounter during the foreclosure process is learning who to trust and who to avoid. Due to the nature of the foreclosure process, descriptions of any homes being foreclosed may be published and accessible as public information. It is a sad truth that there are fraudulent companies that prey on public lists of foreclosing homes and attempt to take advantage of a people's financial vulnerability.
You may be contacted by mortgage brokers, mortgage negotiators, or mortgage holders. You may also be contacted by a Massachusetts bankruptcy attorney or a private financier who offers to help you sort out your finances. These parties may be dependable sources of legal and helpful advice during your foreclosure.
Unfortunately, there are frauds and scam artists who will try to take your home or your money without providing any sort of service. A general word of advice we give to clients to follow is: If a deal sounds too good to be true, it probably is. Avoid scams with the help of a qualified attorney from our firm!
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What happens at a foreclosure sale?
It doesn't happen all the time, but if you have exhausted all of your legal alternatives and feel as though a foreclosure or short sale is the last resort, you need to know what to expect.
No foreclosure sale is exactly the same, but for the most part, the foreclosure sale process typically involves the following:
- Lenders must first send a notice of a foreclosure to the homeowner. The notice must be sent at least 14 days prior to the foreclosure sale date.
- A foreclosure sale will take place at the date, time, and place specified in the foreclosure notice.
- The foreclosure sale will be conducted by a licensed auctioneer. The auctioneer will read various legal notices, descriptions, and documents pertaining to the property.
- The auctioneer will take bids on the property, take deposit checks, and accept the highest bid to close the foreclosure property sale.
- Parties - including the mortgagor, the purchaser, and the auctioneer - will draft a foreclosure deed, which must be recorded and filed at the Registry of Deeds.
- A grace period - typically 30 days - will be given to allow the purchaser to line up financing.
- A closing will take place, and the new owner will formally take title to the foreclosed property.
All monies paid by the new purchaser will go toward paying real estate taxes, owed mortgages, and payments to creditors or other debts owed on the property. If no one at the foreclosure sale is able to bid a high enough amount to cover the debt of the property, then the balanced owed - called a deficiency - would then be the liability of the old owner.