What are some of the other actions the Firm might undertake?
At your direction, the Firm would defend you in any court action by your creditors, including foreclosure actions against your real estate, breach of contract actions, and the like. Foreclosures are painful for individuals to deal with. Often, individual homeowners experience unexpected financial hardships. You may be laid off from work, or face medical problems, suffer cash flow slow-ups. As a result, you may be unable to make mortgage payments or car payments. If so, the Firm can represent you in foreclosure court to obtain time to remedy the situation (e.g., find a new job or be called back to work, heal, improve business). The Firm will then negotiate a reinstatement of the mortgage loan with the financing company, or undertake similar negotiations with other creditors.
