Your first step when facing a financial crisis involving your home is to analyze your mortgage and all the legal factors tied to it. These issues can be complex, so it may be best to review your situation with a financial law attorney familiar with the process for foreclosures in Albuquerque.
Once you understand your situation, you can begin exploring your financial options.
A foreclosure lawyer in Albuquerque can advise whether your best option may be a workout agreement, refinancing, bankruptcy, or giving up the home. There can be a lot of tense, personal feelings wrapped up in the idea of being foreclosed upon, so its important to talk to someone with an objective understanding of the law. Working with an attorney can allow you to act fast, and you can determine an overall strategy for managing and reducing your debt for a long time.
You may be able to save your home, but you must act quickly. New Mexico Financial & Family Law is available for consultation regarding bankruptcy, foreclosure prevention, and other financial matters. Our Albuquerque-based firm collaborates with a professional network of CPAs, credit counselors, and others who can work with you to help determine your best options.