Trumbull, CT Mortgage Modification and Foreclosure Rates

By Neil Crane of The Law Offices of Neil Crane LLC posted in Mortgage Modification on Friday, December 27, 2013.

2013 Third Quarter Foreclosure Rates up 54% from Last Year

Foreclosure numbers in the third quarter of 2013 shot up significantly from 37 in 2012 to 57 in the third quarter of 2013. These high 2013 foreclosure rates are equal to the all-time record rates in the third quarter of 2009, regardless of five years of federal government promises and continual bank bailouts. Despite a positive sales increase to 156 sales in the same period, foreclosures increased by 54%.

These record foreclosure numbers mean that each of these Trumbull homeowners will face the loss of their home unless they successfully modify their mortgages or seek the protection of federal laws to stop foreclosure under Chapter 7 or Chapter 13 reorganizations. The key to avoiding foreclosure is prompt, experienced and specialized legal counsel with the knowledge and reputation to solve your financial problems and save your home.

Trumbull residents need to fight back against bank attorneys and factory foreclosure offices that are seeking to repossess their homes through knowledgeable and prompt legal foreclosure defense.

To learn your legal options to financial and foreclosure problems, us at 203-230-2233 or toll free at 1-888-249-3027. You'll always speak with an attorney who can make a thorough examination of your specific financial problems and create legal options customized to your needs and goals. Or contact us with questions by filling out our online Contact Form for a prompt, confidential response by one of our knowledgeable Trumbull mortgage modification attorneys.

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