Stop Foreclosure on Investment Real Estate
Warning: If you own investment real estate in Southern California, it is vitally important to consult a knowledgeable lawyer who can review your mortgage documents for any problems or instances of misrepresentation. Unscrupulous and unregulated brokers have been known to check "owner-occupied" on a mortgage loan application for investment property. That may be fraud, and you might be implicated. You need to contact an attorney who can take quick and decisive action to limit your exposure.
Many of our clients in Southern California believed that investment real estate was a safe place to put their money. In the booming economy, many also saw significant returns.
Now, tenants are losing their jobs and are unable to pay rent. If you own investment real estate, the economic downturn can create a domino effect of mortgage payment shortfalls that can lead to the doorstep of your primary residence.
The Los Angeles bankruptcy and debt relief law firm of Weintraub & Selth can help you stop foreclosure on investment real estate. When you contact us for an initial consultation, one of our experienced attorneys will help you understand your rights and real, legal and ethical options for dealing with overwhelming debt associated with investment real estate, including:
- Personal or business bankruptcy that allows you to protect certain assets including your home and investment real estate
- Out of court debt workout to stop foreclosure and give you the time to find buyers or investors
- Home loan restructure or mortgage renegotiation to avoid both foreclosure and bankruptcy
Please call our L.A. offices at (310) 584-7702 or toll free at (866) 572-2423. You may also e-mail us now with any questions or to request an appointment.
