One of The Top Defenses To Foreclosure Is To Walk Away – Choose Strategic Default vs. Suffering With A Payment On An Underwater Property

Orange CA 10/06/2010 - Riordan J. Zavala, Esq. is pleased to announce a new service designed to help consumers avoid foreclosure, save their credit and block harassing calls from mortgage companies.

“If you were one of the many who bought your home at or near the top of the market in 2006 (and even in the 2 years prior), and still find yourself making that monthly payment, but questioning your financial sanity for continuing to do so, you may be a candidate for strategic default, “ according to Riordan J. Zavala, Esq.

“The decline in mortgage applications in the face of record low interest rates suggest little to no appreciation in housing prices going forward. If you find yourself unable to keep up, it’s time to walk away from your mortgage. It is one of your best defenses to foreclosure,” says Riordan J. Zavala, Esq.

The Law Offices of Riordan J. Zavala provides consumers with a specific path to getting out from under a mortgage burden. This service is appropriate for any property owner whose market value has suffered in the recent real estate market decline. The service guides consumers in the legal way to return the property to the bank while avoiding the black mark of a foreclosure appearing on their credit reports.

It is not necessary for any property owner to continue to struggle with a mortgage payment. Strategic default is the process by which a property owner can legally get out from under the burden of a mortgage payment.

Riordan J. Zavala has been a California practicing attorney for 21 years, primarily in the areas of business and civil litigation, and bankruptcy. He is licensed to practice in the United States Bankruptcy Court, and may appear pro hac vice, as necessary, in any Federal Bankruptcy Court. Mr. Zavala holds a Bachelor of Science in Business Administration-Finance from the University of Southern California and a Juris Doctorate from the University of Michigan Law School.

“Many property owners are coming to the realization that they are servicing a mortgage on a property that will not regain its value for many years to come; if ever. I show them how to strategically and legally dispose of the property, save their credit and regain their sense of financial security all while avoiding a black mark of foreclosure on their credit. With my assistance, anyone can improve their financial circumstances within 30 to 60 days.”

To find out more about the Law Offices of Riordan J. Zavala strategic default service, visit http://www.rjzlaw2.com

The Law Offices of Riordan J. Zavala provides consumers with a specific path to getting out from under a mortgage burden. This service is appropriate for any property owner whose market value has suffered in the recent real estate market decline.

Law Offices of Riordan J. Zavala
333 City Blvd. West, Ste. 1700
Orange, CA 92868
RjzLaw2.com
Email: rjzlaw@adelphia.net
Office: (714) 996-5168
Cell: (714) 726-5168

This release was published on openPR.