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Charleston Deeds in Lieu of Foreclosure Lawyers

Deed in Lieu of Foreclosure Lawyers

We Take Surprises Out of Real Estate Issues

In the current economy we are constantly barraged with foreclosure statistics. Sometimes it seems like homeowners have two options: continue to hold onto a house or let the house go into foreclosure.

When you work with the real estate attorneys of Weeks & Irvine, LLC, you will learn that there are numerous alternatives to foreclosure. Some are familiar, like short sales and bankruptcy. A less familiar yet effective one is a deed in lieu of foreclosure.

What is a Deed in Lieu of Foreclosure?

A deed in lieu of foreclosure allows a borrower to convey his or her interest in a property to the lender. The advantages over foreclosure are that:

  • The borrower may be immediately released from most or all of the debt
  • The borrower's credit may be affected less
  • It is often faster
  • There are less parties involved

Despite the advantages of a deed in lieu of foreclosure, challenges and risks still remain. For instance, the bank may wish to hold the borrower responsible for part of the deficiency. Also, the borrower may have to pay taxes on the money saved.

The Charleston deeds in lieu of foreclosure attorneys of Weeks & Irvine, LLC, can handle your entire legal process and advocate for your rights from start to finish. We can negotiate with the bank to decrease or eliminate your debt liability.

There are numerous risks in any foreclosure or alternative to foreclosure. Don't walk away from your home without first consulting with us. For more information, please contact our firm.

Contact Us

For experienced legal help in the Charleston, South Carolina, area, contact Weeks & Irvine, LLC. We charge highly competitive rates and will work around your schedule, including evening and weekend schedules. To contact us, call 843-553-9800 or 800-553-7449.

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Visit Weeks & Irvine at One of Our Six Locations

Weeks & Irvine, LLC
8086-B Rivers Avenue
North Charleston, SC 29406

Phone: 843-553-9800
Toll Free: 800-553-7449
Fax: 843-553-9804
North Charleston Law Office Map

Mt. Pleasant office
1100 Queensborough Blvd, Suite 102
Mt. Pleasant, SC 29464
Phone: 843-856-9800
Toll Free: 800-553-7449
Fax: 843-216-0930
Map and Directions

Mt. Pleasant North office
2713 Highway 17 North
Mt. Pleasant, SC 29466
Phone: 843-856-9800
Toll Free: 800-553-7449
Map and Directions

West Ashley office
873 Orleans Road, Suite 102 1/2
Charleston, SC 29407
Phone: 843-571-2996
Toll Free: 800-553-7449
Fax: 843-571-2998
Map and Directions

Summerville office
810 N. Main Street
Summerville, SC 29483
Phone: 843-875-7111
Toll Free: 800-553-7449
Fax: 843-875-7721
Map and Directions

Goose Creek office
567 Crowfield Blvd.
Goose Creek, SC 29445
Phone: 843-553-9100
Toll Free: 800-553-7449
Fax 843-553-9183
Map and Directions