NOW FOR THE GOOD NEWS!:

Foreclosure, a legal process in Connecticut and many other states, is not the end of anything. It is actually the beginning of what represents the best time for a homeowner to modify their mortgage or short sale their property.  In Connecticut a homeowner facing foreclosure is entitled to several sessions of mediation during which a solution to the foreclosure is highly possible.   Visit www.jud.state.ct.us   for more information on the foreclosure mediation program.  

SPECIAL NOTE:

If you are served with foreclosure papers in Connecticut, the foreclosure mediation request form is including in the papers as the second or third page.  FILL IT OUT AND GET IT INTO THE COURT IMMEDIATELY OR CONTACT AND ATTORNEY TO DO IT FOR YOU.  Do not sleep on your rights and miss an excellent chance to get the relief you and your family need.  

THE BOTTOM LINE:

If you are facing foreclosure or are trying to help someone that is facing foreclosure the sooner you get involved in the legal process the better.   A properly defended foreclosure will take months if not years to come to conclusion and during the time is most often when a homeowner finds a remedy to their situation.   If you do not get involved the foreclosure will move very fast and your chances of save your home are very slim.

THE FINAL WORD:

Don’t forget that for years Chapter 13 Bankruptcy has been helping people facing foreclosure saves their homes.  Chapter 13 is especially helpful to those that lost a job, found themselves unable to pay their mortgage temporarily but are now in a position to pay again.  The rule of thumb is to first try and work out a solution with your lender or servicer but if not explore Chapter 13.   For more information go to www.theseymourlawfirm.com or www.justiceforhomeowners.com   

Best,

Gary L. Seymour, Esq.

Seymour Law Firm, LLC