Manchester Foreclosure Relief

Manchester residents continue to struggle with new foreclosures, despite five years of government and bank promises of serious mortgage modification. Following settlement of the nationwide bank scandal, foreclosures have recommenced at an alarming rate. These new foreclosures complicate an already backlogged case load in the Hartford and Tolland foreclosure courts, where Manchester homes are too often unnecessarily lost to foreclosure.

Foreclosure is a lawsuit to take your home – Prompt and experienced legal assistance is the key to success.

Banks may say they are "working with you" or "trying to help," but they all have lawyers working against you even as they promise to help you. Get an experienced Manchester Foreclosure and Mediation Lawyer and effective solutions based on our history of helping Connecticut residents since 1983. We understand how to succeed at mortgage modification and mediation for Manchester homeowners.

Stop Foreclosure and Obtain Debt Relief

Our experienced bankruptcy attorneys know how to successfully mediate your mortgage and obtain all the forms of debt relief necessary to assure a solid financial future.

We understand all the legal options available, including:

Chapter 13 Bankruptcy stops foreclosure proceedings immediately and provides payment options over three-to-five years on missed mortgage payments, while allowing for all types of other debt relief. At the Manchester Bankruptcy Law Offices of Neil Crane, we know that effective solutions require comprehensive coverage for mortgage and all types of other debt obligations. As one of the largest providers of Chapter 13 relief, the Law Offices of Neil Crane has been saving homes in the Hartford area since 1983.

If you are behind on payments, already in foreclosure or just seeking accurate legal advice, call us for a Free Consultation. Call 203-230-2233, or call us toll free at 1-888-249-3027. We can help you prevent foreclosure and save your home. Contact us online by completing our Contact Form to get immediate answers and schedule a free consultation.

Manchester Foreclosure Rates and Home Sales

There have been nearly 1,500 Manchester foreclosures over the past five years. Despite promises of modification, foreclosure rates in Manchester have held at steadily high numbers. Recent records indicate the Manchester foreclosures are once again increasing at the rate of over 300 per year. Regardless of all the publicity about help for homeowners, more than 50% of all homes lost in Manchester are single family homes and condominiums eligible for mandatory mediation.

Concurrent with this period of record foreclosures beginning five years ago in 2007, the price of a single family home in Manchester has dropped from $218,000 to a recent low of $168,000 - a decrease of $50,000, or nearly 23%. The number of overall Manchester home sales fell from a high of 948 in 2007 to a recent low of 494 – a decrease in sales of almost 50%. The most recent sales numbers show an increase in the number of homes sold, but prices have continued to decline another 7.5 %.

Manchester Bankruptcy Courts and State Court Foreclosure

Bankruptcy Courts

If you live in Manchester and you need bankruptcy assistance, your case would be filed in the Hartford District of Federal Court, and your First Meeting of Creditors would be held in Hartford at 450 Main Street, Hartford, CT 06106 (Chapter 7 cases) and 450 Main Street, Hartford, CT 06106 (Chapter 13 cases).

Foreclosure Courts

If you live in Manchester and have a lawsuit pending against you or a foreclosure on your Manchester property, you would appear in the Hartford court system located at 90 Washington Street, Hartford, CT, or the Tolland court system, located at 69 Brooklyn Street, Rockville, CT.

Town Clerk: Joseph V. Camposeo
41 Center Street, Manchester, CT 06045 Phone: 860-647-3037

Manchester Real Estate Market Statistics Through December 2012:

  2008 2009 2010 2011 2012 2013 5 Year Change
No. of Sales 719 713 623 494 640 658 (-8.5%)
Median Price 185k 179k 173k 160k 158k 165k (-10.8%)
Foreclosures 286 380 274 266 294 306 (+7.0%)

Increased Manchester foreclosures prove that mortgage problems are not being solved by slow banks or ineffective government programs. Manchester homeowners need prompt and experienced legal representation from lawyers who know how to utilize all the legal options available to assure long-term home ownership.

Our hardworking lawyers and clients continue to succeed despite the increase in Connecticut foreclosures. Contact us now for an immediate live discussion with an experienced attorney who can address your special financial hardship and provide you with a free initial consultation. Our Manchester foreclosure defense attorneys are available to speak with you now at 203-230-2233, or toll free at 1-888-249-3027 or complete our online Contact Form. Financial futures for Manchester Residents since 1983