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Szabo Law Group, P.A.
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Fort Lauderdale Bankruptcy & Foreclosure Defense Lawyers

Many of the Individuals and businesses that reach out to us are struggling to keep up with debt, meet financial obligations, facing foreclosure, receiving creditor harassments, and are in fear of car repossessions. At Szabo Law Group we can help. We have experience dealing with these circumstances and understand US bankruptcy code. For details about different types of bankruptcy and what is involved in the bankruptcy process feel free to visit our website and contact us directly for a free consultation.

http://www.szabolawgroup.com/
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Deed in Lieu of Foreclosure

Facing foreclosure is a scary predicament. However, there are options other than foreclosure or bankruptcy to consider, one of which is deed in lieu of foreclosure. For individuals who tried and failed to secure a short sale of their home, another option is to voluntarily transfer the title to the lender in exchange for being released from the mortgage obligation. Consulting with a knowledgeable attorney can help a homeowner weigh the options and choose the one that is best.
Ft. Lauderdale Deed in Lieu of Foreclosure Attorney
The Szabo Law Group can assist clients in the deed in lieu of foreclosure process. It’s similar to a short sale in that the first step is obtaining a loss mitigation package from the lender. This involves filling out an application that is submitted along with documentation detailing income, expenses, most recent tax returns, bank statements, and a hardship letter. Some lenders will not accept this situation, which means the matter needs to be negotiated by a legal professional.  Click on the link below to read more.

http://www.szabolawgroup.com/foreclosure-defense/deed-in-lieu-of-foreclosure
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What happens when a small business files for Chapter 7 Bankruptcy?

As the liquidation chapter of the bankruptcy code, chapter 7 can be voluntarily filed with a U.S. bankruptcy court, or it can be brought about involuntarily through petition by creditors. While the liquidation of a business under chapter 7 seems simple, it’s quite complex and requires a response to strategic questions that are best handled by a bankruptcy attorney. Consulting with the Szabo Law Group gives business owners the benefit of a trusted law practice that has experience in dealing with business liquidation under chapter 7.  Click below to continue reading:
www.szabolawgroup.com/small-business-bankruptcy/chapter-7-debt-liquidation
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