by David Soble | Sep 30, 2021 | Business Law, Commercial, Financial Disputes, Mortgage Disputes
If your business struggles to make loan payments, you are likely thinking about what comes next. You might have recently defaulted, or perhaps you are afraid you are about to. A commercial loan workout may be your most powerful tool. It can help you survive this...
by David Soble | Dec 2, 2020 | Contract Law, Mortgage Disputes, Real Estate Law
If you are a Michigan homeowner who has missed mortgage payments, or fears you are about to, a mortgage modification in Michigan may be one of the most powerful tools available to help you keep your home. But too many homeowners wait too long, respond passively, or...
by David Soble | Jan 18, 2020 | Business Law, Financial Disputes, Mortgage Disputes
If you have ever co-signed a loan for a family member or business partner, you already know the anxiety that comes with a ringing phone when payments stop. The question I hear constantly in my practice is whether there is any realistic path to release a co-signer from...
by David Soble | Jan 18, 2020 | Mortgage Disputes
This question comes from Veronica of Commerce, MI, who writes: “We took a construction loan out to purchase a lot and build a 2500 sq. ft. home. The process has not been easy. However, now the builder is coming to us and asking us for an additional $80,000 on the...
by David Soble | Jan 18, 2020 | Financial Disputes, Mortgage Disputes
Receiving a foreclosure notice in Michigan is one of the most alarming moments a property owner can face. Whether you own a home, a rental property, or a commercial building, understanding what that notice means and acting quickly can make the difference between...
by David Soble | Jan 18, 2020 | Financial Disputes, Mortgage Disputes
Today I am answering a question from a homeowner in Clarkston concerning a mortgage dispute. He’s seeking a “mortgage resolution” to his problem. He writes: “I received a call from a new mortgage company stating that they now own my mortgage....