December 21, 2014

THREE KEYS TO AN EFFECTIVE LOAN MODIFICATION

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There are countless homeowners accepting loan modifications in which their resulting payment is actually higher than their original mortgage payment, and the resulting principal balance owed is far greater than the home is worth

The Unique Fee Structure of Our Firm vs. Others for Foreclosure Defense

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A major concern for many people facing foreclosure is the amount of money they will have to pay to hire an experienced and qualified attorney to defend their interests. Let’s face it, most people in foreclosure are already struggling to pay their bills. This can make it very difficult to hire an attorney to properly defend a foreclosure lawsuit.

Motions for Summary Judgment: What does this mean for your case?

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To homeowners facing foreclosure, a sale date on their property is considered a significant and immediate threat. If a Judge grants the Plaintiff’s Motion for Summary Judgment in a case, a sale date will be set within 30-120 days

Using a Chapter 13 Bankruptcy Plan To Keep Your Home and Investment Properties For Much Less Than You Owe

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By Omar J. Arcia, Esq.Foreclosure Defense and Bankruptcy Protection Attorney   Most consumers are familiar with a simple Chapter 7 bankruptcy in which all of the debtor’s assets are liquidated and all unsecured debt (credit cards, medical debt, etc.) is wiped out.  However, within a Chapter 7 bankruptcy you will not be able to modify [...]

SoFla Woman’s 2-Year Battle Gets Mortgage Wiped Out

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In an effort to save her mother?s home, Idania Castro waged a two-year battle with the bank. With the help of attorney Omar Arcia, she won her case

Three Reasons Why You Should Hire a Law Firm to Complete a Successful Short Sale

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Recently our law firm has been retained by numerous clients who are being sued by their former lender after completing a short sale of their homes

MORTGAGE LENDER MYTHS THEY WANT YOU TO BELIEVE

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By Omar J. Arcia, Esq.Foreclosure Defense and Bankruptcy Protection Attorney   Most mortgage lenders and servicers are taking advantage of the public’s sense of desperation and lack of information to strong-arm homeowners into signing one-sided loan modification agreements.  Prior to signing any loan modification agreement or making any other significant decision affecting your home loan, [...]

Have You Been a Victim of Predatory Lending Practices?

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By Omar J. Arcia, Esq., Foreclosure Defense and Bankruptcy Protection Attorney   Predatory lending is when a lender imposes abusive, unfair and sometimes illegal loan terms on borrowers, without regard for the borrowers’ ability to repay the loan. When two or more of the following factors are contained in a mortgage loan transaction, the subsequent [...]

Tips for Beating the Bank in Foreclosure Proceedings

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 By Omar J. Arcia, Esq.Foreclosure Defense and Bankruptcy Protection Attorney From December 2007 to present, South Florida has experienced a 400 percent increase in foreclosure filings, and 1 out of every 197 homes in the United States is undergoing a foreclosure proceeding.  In view of these staggering statistics, most homeowners simply give up the fight [...]

How You Can Benefit from Historic $25 Billion National Foreclosure Settlement

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By Omar J. Arcia, Esq.Foreclosure Defense and Bankruptcy Protection Attorney   In February 2012, Attorneys General from 49 states and five major lenders, GMAC/Ally Financial, Wells Fargo, Bank of America, Chase and Citibank, reached one of the largest consumer settlements in U.S. History.  The settlement was made as a result of legal actions filed by [...]