Due to precautions related to COVID-19, we have expanded our options for remote consultations. Please contact our office to discuss whether a full phone consultation or video conference is appropriate for your situation.
Oliva, Saks, Garcia & Curiel, LLP | Matthew J. Obermeier | attorneys & Counselors at law
Visa | MasterCard | American Express | Discover Network
Main Navigation
Call for Your Initial Consultation
210-296-5828 / 800-820-1664
Practice Areas

May 2020 Archives

Budgeting to avoid foreclosure

If your finances have suddenly become troubled due to an unexpected job loss or another financial restraint, it's important that your lifestyle changes reflect your lowered disposable income. If you have started to worry about whether you will be able to afford basic necessities such as your mortgage and grocery bills, you should sit down and prioritize your spending.

Why divorce is a big financial risk

If you earn less than your spouse and you're considering filing for divorce, making this decision is a scary one. You've become accustomed to living the lifestyle that you currently enjoy. While you want to give up your relationship, you don't want to part with your lifestyle.

Negotiation is the key to stopping foreclosure

Foreclosure is not a good solution for anyone. The debtor will lose out because they will lose their home and any payments they have made toward the mortgage. The creditor also loses out because they have to put a lot of time into attempting to collect missed payments, and they'll also likely not receive all of the debt that they were owed by selling the home.

What are the advantages that come with divorce?

If you have found yourself in a situation where you feel that divorce is the only option, you may be wondering how you ended up in this situation. It's possible that you now have a negative attitude to life, and you may also be feeling pessimistic about the future. But it does not have to be this way.

What is foreclosure by power of sale?

If you have not been meeting your mortgage payment obligations for a significant period of time, you'll likely be facing foreclosure proceedings. Foreclosure is never a good situation to be in because it will lead you to lose your home, and you'll potentially lose any money that you invested in paying off the mortgage.

Can loan modifications help me to avoid foreclosure?

If you are worried about being able to afford your loan repayments in the future, you should make sure that you address this issue as soon as possible. If you do not address the problem in a good time frame, you could find yourself in a position in which foreclosure is a real possibility.