Reducing the Balance on Your Mortgage

If you are involved in a mortgage crisis or your home is underwater, you need to investigate every option and attack the problem from every angle. Giving up, going into foreclosure, and losing both your property and your investment, are unnecessary outcomes in a great many cases. From our law offices in East Orange, Paterson, Jersey City and Newark, Goldman & Beslow, LLC, has helped many clients find and apply strategies for successfully modifying mortgage balances — in some cases, dramatically.

You May Be Able to Prevent Foreclosure on a Condo or Nonresidential Property Through a Mortgage Modification Achieved Through Bankruptcy

Reducing the balance on your mortgage on a multifamily property or a nonresidential property sometimes comes about through a Chapter 13 plan. As part of the debt restructuring, the debtor proposes a five-year payback on the secured portion of the mortgage, with remainder to be discharged at the end of the five years. In a number of instances, clients of Goldman & Beslow, LLC, have achieved dramatic results through such a method.

Our law firm of three attorneys and four support staff applies our combined bankruptcy experience of more than 45 years to resolving debt challenges of our many satisfied clients. Goldman & Beslow, LLC, is devoted solely to consumer and small-business debtor bankruptcy law. Since 1979, more than 10,000 families have found debt relief through our legal services. Reducing mortgage balances through bankruptcy is one of our many effective tools.

Contact Our New Jersey Mortgage Modification Lawyers Even if You Think Your Home is Underwater

Learn whether mortgage modification by way of a Chapter 13 debt repayment plan is a viable option for saving your multifamily residence or nonresidential property. Call our experienced Essex County, New Jersey, bankruptcy lawyers today for a free one-half hour consultation at 973-677-9000 or 888-827-5493. Our lawyers serve Essex, Union, Hudson, Passaic, Bergen, Morris, Middlesex, Sussex and other New Jersey counties.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.