Rhode Island Office:
2181 A Post Road
Warwick, RI 02886
Phone: 401.732.8626
Fax: 401.732.8856
Boston Office:
21 School Street
Second Floor
Boston, MA 02108
Phone: 617.720.6120
Fax: 617.720.1491
FORECLOSURES/LOAN WORKOUTS
Parnagian & Marinelli, PC attorneys have extensive experience representing lenders in various foreclosure proceedings throughout Rhode Island, Massachusetts and New Hampshire. Our foreclosure practice includes:
• Representing lenders and financial institutions in federal bankruptcy proceedings and state courts.
• Representing lenders and financial institutions in the prosecution of commercial, industrial and residential foreclosures in Rhode Island, Massachusetts and New Hampshire.
• Representing prospective purchasers at foreclosure sales.
• Negotiating loan workouts and forbearance agreements on behalf of both lenders and borrowers.
We will provide all lender clients with information on the progress of its foreclosure throughout the process and we will ensure that copies of all pleadings and any pertinent correspondence and claims asserted by any defendant are forwarded to the lender clients. The lender client is also provided with monthly reports. The type and frequency of these reports are adapted to the client's needs. These reports may consist of individual case summaries and aged spreadsheet reports.
Please contact our office and make arrangements to speak to an attorney with our firm.
Short Sales When homeowners desire to sell their homes, but owe more than their home’s are worth, a short sale is a possible resolution to a difficult situation. In today's fluctuating housing market, a short sale may be necessary for a variety of reasons. 100% financing on a home with declining values can make it all but impossible to obtain a new loan or sell the property at a price that will discharge all mortgage liens. Whatever the cause of the financial difficulty necessitating a short sale, Parnagian & Marinelli, PC can help individuals who want to avoid foreclosure and get out from under the burden of an unaffordable home through the negotiation of a short sale directly with the (mortgagee) lender. Please contact Parnagian & Marinelli, PC to arrange your free consultation with an attorney concerning a short sale of a residential property.
Post Foreclosure Our mission is to minimize the loss associated with the recovery of occupied REO assets. Through intelligent use and management of the legal process Parnagian & Marinelli, PC’s practice is focused on fulfilling this mission.
We offer our clients a broad range of legal services tailored for real estate in the post foreclosure stage including:
-evictions
-post-foreclosure bankruptcy Relief from Stays
-post-foreclosure bankruptcy Objection to Plans
-related litigation matters
Related documentation and consultation is also offered, including sales to occupants, purchase by third party investors, and surrender of possession agreements.
Please contact our office and make arrangements to speak to an attorney with our firm.
