702-735-1500

Las Vegas Foreclosure Mediation Lawyer

Foreclosure

Are you a homeowner who is facing significant financial hardship? If so, you may be at risk of foreclosure. Through a foreclosure mediation program, you may have options available to save your home. In 2009, Nevada state legislators adopted a new law creating a mortgage foreclosure mediation process to help borrowers. In addition, as of January 1, 2015, the federal bankruptcy courts in Las Vegas, Nevada now offer a mortgage modification mediation (MMM) program.

Federal Mortgage Modification Mediation Program

At Vohwinkel Law, our Las Vegas foreclosure mediation attorney has the skills and knowledge to protect your rights. We provide compassionate and reliable legal services, with a strong focus on helping our clients get through the difficult times. If you have questions about the foreclosure mediation process, professional support is a phone call away. From our Office in Las Vegas, we are ready to assist clients. To set up a free, completely confidential consultation, please contact us today.

An Overview of Your Foreclosure Mediation Options

Mediation is a structured legal process where parties to an existing or potential dispute can come together before an independent mediator to discuss options for settlement. Foreclosure mediation is a voluntary and non-binding process. Unlike traditional litigation, mediation is designed to be non-adversarial. An emphasis is put on negotiation and collaboration.

Most importantly, the process can help give you an opportunity to keep your home. This alternative method of resolving disputes is intended to help you stay in your home. With the help of trained mediators, the parties sit down to discuss various options, including loan modification, short sale, and deed in lieu of foreclosure. In Clark County, NV, homeowners have two primary foreclosure mediations options available:

  • Foreclosure Mediation Program: Offered in Las Vegas, the foreclosure mediation program is meant for borrowers who are currently in default on their mortgage. Typically, homeowners in this situation are several months behind on their payments and have already tried to work with their bank/mortgage company on their own. Mediation helps to bring a lender to the table. To be clear, a mortgage lender is not required to agree to foreclosure mediation. Still, it is often advisable to make the request. Our Las Vegas, NV foreclosure mediation lawyer has helped many homeowners get reasonable and financially sustainable loan modifications by using the mortgage mediation process.
  • Federal Mortgage Modification Mediation Program: The Mortgage Modification Mediation (MMM) process differs somewhat from the Nevada mortgage mediation program. It is generally a better option for homeowners who have additional debt burdens beyond their mortgage. Because this is a federal program supervised by the courts, time restrictions, clarity, and accountability are guaranteed for your loan modification. This program is only available in Chapter 13 bankruptcy cases, but it is available for all types of real property, commercial and residential. MMM has streamlined the modification process to reduce costs, save time, and make it easier for the parties to facilitate a loan modification. If you have any questions about the Mortgage Modification Mediation (MMM) process, our Las Vegas foreclosure attorney is more than ready to help.
  • What are the Advantages of Foreclosure Mediation in Las Vegas, NV?

    Participating in mediation has many advantages. As a starting point, mediation is faster and less expensive than formal litigation. If you are behind on your mortgage payments, you can benefit from an efficient and effective process. Further, foreclosure mediation also provides a flexibility that the formal court processes do not offer.

    Perhaps most importantly, foreclosure mediation often makes it easier to find a viable solution. The reality is that banks and mortgage companies are generally not eager to take back possession of a home. If they do formally foreclose on a property, they may be forced to spend additional money on property taxes, maintenance, and other costs.

    Instead, lenders typically try to use the foreclosure process as a tool to make a homeowner pay off an outstanding delinquency. Of course, homeowners are not always in a financial position to do so. With guidance from a neutral third party mediator, the foreclosure mediation process offers the best opportunity to obtain a loan modification if one is possible.

    If you are interested in this program, call us today at (702) 410-6198 to schedule your free consultation! This program may finally help you get the loan modification you deserve! Our Las Vegas foreclosure defense team is standing by, ready to review your case and take action to protect your rights.

    How Nevada Foreclosure Mediation Lawyer Rory Vohwinkel Can Help

    Facing a foreclosure is stressful and overwhelming. We know how challenging it can be for hardworking people to deal with the pressure. As an experienced bankruptcy law and foreclosure defense lawyer, Rory Vohwinkel helps people eliminate debt, save their homes, and get a fresh start. Our team of Las Vegas attorneys has successfully helped hundreds of homeowners with loan modifications, short sales, and other foreclosure alternatives. Let our experience work for you. If you have received a notice of default from your lender don’t delay, act now before you lose your home. Among other things, our Las Vegas foreclosure mediation attorney is prepared to:

  • Conduct a free, in-depth review of your case;
  • Answer questions you have about foreclosure mediation;
  • Prepare the documents required by the program; and
  • Devise a personalized strategy focused on your best interests.
  • We provide comprehensive foreclosure defense services to homeowners in Clark County and throughout Nevada. Foreclosure mediation is an effective tool for many people and it may finally get the loan modification that you need. If it is the right option for you, we will help you use it. That being said, if it is not the right option for your case, our Las Vegas foreclosure protection attorney is more than ready to take aggressive action to protect your rights.

    Contact Our Las Vegas Foreclosure Mediation Attorney for Immediate Assistance

    At Vohwinkel Law, our Nevada foreclosure mediation attorney is a skilled, experienced advocate for homeowners. The foreclosure process is not easy—you do not have to fight back on your own. If you have any questions about the foreclosure mediation process, we can help. Contact our firm today for a free, no obligation initial consultation. We provide foreclosure mediation services to clients in Las Vegas and throughout Clark County, including in Henderson, North Las Vegas, Mesquite, and Boulder City.

    IF YOU ARE INTERESTED IN THIS PROGRAM, CALL US TODAY AT (702) 735-1500 TO SCHEDULE YOUR FREE CONSULTATION! THIS PROGRAM MAY FINALLY HELP YOU GET THE LOAN MODIFICATION YOU DESERVE!

    contact our firm

    Contact our firm
    Contact Us

    Vohwinkel Law

    Vohwinkel law has provided las vegas valley residents superior case results relating to personal injury, bankruptcy, foreclosure and more! Contact us today!

    CONTACT US FOR A FREE CONSULTATION

    • This field is for validation purposes and should be left unchanged.