Danbury Foreclosure Attorneys
Despite governmental programs and bank promises of modification and homeowner assistance, the Danbury foreclosure system is experiencing an increase in new foreclosures. These new foreclosures join an overwhelming caseload of old or stagnant foreclosures left seriously dormant on the Danbury foreclosure docket.
Prompt and effective legal assistance, mediation requests and overall debt relief are the key elements to successful home ownership.
The critical steps to long-term success remain:
- Prompt, experienced legal advice
- Well-developed, customized solutions
- Full debt relief plans that address second mortgages and other debt relief
- Strong advocacy and prompt mediation
- Other legal avenues for debt relief
- Chapter 7 bankruptcy solutions
- Chapter 13 bankruptcy relief that stops foreclosure proceedings and allows three to five years for repayment of mortgage arrearages while providing for all types of other debt relief
The foreclosure solutions provided by big banks and government programs have been universally reported as largely unsuccessful. The long series of ineffective new government programs have helped bail out big banks but haven't helped struggling Connecticut residents. Mortgage modification and foreclosure mediation have failed to help many Danbury homeowners.
Instead, at The Law Offices of Neil Crane, we offer comprehensive and effective solutions based on our experience and your specific circumstances. We know all the options available for saving homes in Connecticut. We've been helping Danbury homeowners since 1983.
If you are behind on payments or already in foreclosure, contact us in Danbury for a free consultation. Call 203-230-2233 or 888-249-3027 toll free.
Our attorneys know how to assist you in successfully mediating your mortgage while obtaining the other forms of debt relief necessary to a sound financial future.
Danbury Foreclosure Numbers and Foreclosure Mediation
The Danbury foreclosure system has seen just under 2,500 foreclosures in the city of Danbury over the past five years.*
Over 21% of all foreclosures commenced in Danbury over the past five years have resulted in a foreclosure deed — a lost home. This high lost home rate has continued despite the institution of mandatory mediation. Despite government programs aimed at helping homeowners, over 500 homes have been lost to foreclosure in Danbury since the housing meltdown began in 2007.
During this same period of record foreclosures, the Danbury real estate market for single family homes has declined approximately 30%. The market for Danbury multifamily properties has dropped precipitously. Two- and three-family homes that once averaged approximately $455,000 in 2007 had a 2011 average sales price of $214,000 — a drop of over $240,000 or more than a 52% loss in value.
In order to assure you've maximized your chances of beating the odds by successfully resolving your mortgage problems, call our experienced attorneys at The Law Offices of Neil Crane.
Danbury Bankruptcy Courts and State Court Foreclosure
If you live in Danbury and wish to file bankruptcy, your case would be filed in the Bridgeport District of Federal Court, and your First Meeting of Creditors would be held at one of the following locations:
- 157 Church Street, New Haven, CT 06510 (Chapter 7 cases)
- 915 LaFayette Boulevard, Bridgeport, CT 06604 (Chapter 13 cases)
If you live in Danbury and have a lawsuit pending against you or a foreclosure on your Danbury property, you would appear in the Danbury court system located at:
146 White Street, Danbury, CT 06810.
Town Clerk: Lori A. Kaback
155 Deer Hill Avenue, Danbury, CT 06810
Danbury Real Estate Market Statistics Through December 2016:
|2012||2013||2014||2015||2016||5 Year Change|
|No. of Sales||719||906||964||1020||1107||(+54%)|
Danbury Lost Homes due to Foreclosure Statistics through December 2016:
|2012||2013||2014||2015||2016||5 Year Change|
Real Solutions at The Law Offices of Neil Crane since 1983
Many Danbury homeowners are still at risk for losing their homes given recent increases in Danbury foreclosures and the large backlog of unresolved foreclosure cases still pending. These families need prompt and experienced attorneys who know how to use all the legal options available to create successful plans for debt relief and long-term home ownership. Our hardworking lawyers and clients continue to succeed despite slow banks and ineffective government programs.
Danbury Foreclosure and Mortgage Modification Attorneys
Contact us now to speak with an experienced attorney and arrange a free consultation that addresses your entire financial picture. Our attorneys are available to speak with you now at 203-230-2233 or 888-249-3027 toll free.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
*Source: The Warren Group – Boston, MA – www.thewarrengroup.com