Legal Question in Consumer Law in California

walk away from mortage

I am not sure if I need a real estate attorney or a bankruptcy attorney. I bought the house 4 years ago and I am current with my mortage and my credit is good.. but I owe $300,000.00 and the house is worth $171,000.00 I am not looking at any large purchases in the next several years. I have made the decision to do a deed in liue but I wanted to talk to an attorney to find out how.

Asked on 10/27/08, 5:13 pm

1 Answer from Attorneys

Jonathan Stein Law Offices of Jonathan G. Stein

Re: walk away from mortage

You need an attorney who handles mortgage modifications. You can call my office for a consultation.

As seen in Business Week:

http://images.businessweek.com/ss/08/07/0730_foreclosure/11.htm

Good luck.

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Answered on 10/27/08, 6:09 pm


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