Boston Foreclosure Attorney

Seeking Workable Solutions in Cases of Mortgage Default

The real estate lawyers at Dolan Connly, PC, help mortgage companies, banks, and other lenders enforce their rights to foreclose on real property when the property owner defaults on mortgage payments. We also help homeowners who want to avoid losing their home through foreclosure.

Minimizing the losses caused by mortgage default and foreclosure

Our attorneys understand the pressure on banks and lenders to quickly complete the foreclose process when the mortgagor has stopped making payments. Failure to act quickly can result in damage to the property and a decline in property value. We also understand the stress and loss experienced by property owners who find they cannot afford the mortgage payments they were approved for, sometimes as a result of fraudulent mortgage practices and unscrupulous lenders. When a mortgage is in default and the property is foreclosed upon, usually neither party wins.

If you are an out-of-state lender who needs to foreclose on a mortgage in Massachusetts, or you are a property owner who wants to try and save your home or business, we can explain your options. Contact us to speak with an attorney who knows the ins and outs of the mortgage foreclosure process. Call (617) 379-1802.

Representing mortgage holders and property owners in foreclosures

Our attorneys are well-versed in Massachusetts real estate law and the rules regulating the foreclosure process. We know how to navigate the often-complex procedures, notice requirements, and other intricacies of Land Court. We have helped many national and local banks and lenders enforce their rights in foreclosure actions in Massachusetts. We also represent individuals and business owners whose property is being foreclosed.

In Massachusetts, deficiency judgments are not allowed after a foreclosure sale. The legislature enacted a law in 2008 which gives residential homeowners more rights to cure a default. In addition to foreclosures we help banks and mortgage companies find other methods for reducing their losses. In some cases, we can work with distressed property owners to come up with alternatives to foreclosure, such as workouts, modification of loan terms, short sales and other options.

We can provide clients with sound advice and quality representation regarding almost any foreclosure or default issue, including:

• Non-judicial foreclosures and foreclosures by sale
• Bank purchase and REO properties
• Workouts, short sales and loan modifications
• The tax implications of debt cancellation and foreclosure
• The effect of foreclosure on the rights and responsibilities of landlords and tenants

Contact an attorney who can explain your options as a homeowner to cure a mortgage default or your options as a mortgage company or lender to foreclose on a property in default. Call Dolan Connly, PC, to learn how we can help.

Providing three convenient locations, a free initial consultation, and comprehensive legal services