A Helping Hand For Michigan Families
Over 120 years of combined legal experience advocating debt resolution for our clients.
We look forward to earning your trust.
Does a Short Sale Result in Deficiency Debt?
Posted by AcclaimLegalService
Many homeowners seek a short sale if they are no longer able to maintain their mortgage payments or wish to step away from the property due to valuation issues. In most cases, the homeowner needs to prove a financial hardship for the bank to engage in a short sale. When the house is sold for an amount less than your mortgage, the remaining balance is known as "loan deficiency debt." The common…
Latest Posts
-
Attorney Christopher W. Jones Quoted in DS News Magazine
- May 23, 2023 -
Michigan Foreclosure Forecast for 2023
- May 12, 2023 -
Avoiding Bankruptcy in 2023
- May 09, 2023 -
Attorney Christopher Jones was nominated and voted to become a 2022 Super Lawyer
- Oct 17, 2022 -
What to Expect About Your Credit Report After Your Discharge
- Jul 04, 2022
I would like to extend a special thank you to your firm, especially Cindy Millns and our attorney – they were both very helpful in this whole process very reassuring. I would recommend your firm to anyone that needs assistance!
I have had a bankruptcy case and effect since around May 2018.
Cindy and Brian have been the individuals primarily concerned with my case.
I was with many other people in life this bankruptcy was a very traumatic experience for me.
My immediate family my mom my sister my stepdad…
We can’t thank you enough for your help over the past 3 years. Your professionalism and patience speaks volumes about you!
Almost a year ago to the day, I walked into your office overwhelmed and defeated and hopeless because of where I was at financially as a result of a difficult divorce. This last year has been a long and hard journey.
My Chapter 13 attorney was awesome in court and brought conclusion necessary…