Timothy J. Sierra, Attorney at Law Trusted Florida Bankruptcy Attorney Since 1987
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Taking a look at foreclosure prevention

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Far too many families are struggling to pay their mortgages throughout the United States. From unemployment to unforeseen financial challenges, there are many reasons why people find themselves in this position. When a family is facing the threat of foreclosure in Tampa or any other Florida city, they may experience considerable stress and have no idea of what to do next.

Unfortunately, this uncertainty can make the situation even more difficult to deal with and it is very important for anyone who is experiencing this firsthand to explore their options and address the problem right away.

The Federal Deposit Insurance Corporation published some alarming foreclosure statistics on their website. For example, according to a 2005 poll of over 2,000 U.S. homeowners, more than 60 percent who were delinquent on their mortgage payments were unaware of certain services offered by mortgage lenders. Furthermore, most of those who were polled wished they had a better understanding of the terms of their mortgages.

The U.S. Department of Housing and Urban Development also provides useful information regarding foreclosure on their site. HUD recommends that homeowners who are struggling with their mortgage payment should never turn a blind eye to the situation and should try to talk with their lender. Other tips include understanding borrower's rights and foreclosure prevention methods, saving money, selling assets and staying away from foreclosure prevention scams. On top of loan modifications and negotiating with lenders, some people are able to work towards a successful outcome by filing for bankruptcy. Although struggling homeowners have a number of options, it is crucial for them to identify the best course of action and get started immediately.

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  • "When I first came to the decision to file for bankruptcy, I had no idea where to start. I began researching attorneys on the internet and came across the information for Tim Sierra. Since he specialized in bankruptcy and had a lot of experience......"
  • The process of going through bankruptcy could be very overwhelming but Tim made me feel at ease and I felt that my needs were being taken care of. I truly feel that he had my best interests in mind and the lines of communication were always open....
  • "I had to file a Chapter 7 bankruptcy. I didn't know anyone who could refer someone so I took a chance and just looked on the Internet. I don't remember exactly why I chose Mr. Sierra, but I am glad I did..."
  • He was honest, straightforward, and hard-working. In my case I ended up with some extenuating circumstances and he handled the matter professionally even though I'm sure the work probably exceeded what he originally felt it would be....
  • I don't ever write reviews, and I had no prior relationship with Mr. Sierra. This review is simply being written as a service to others that Mr. Sierra is an excellent attorney and should be considered for your needs if you need one....
  • "I'm very happy to have been referred to Tim for my Chapter 7 filing. He was knowledgeable in his field and very responsive in replying to any questions or concerns I had. Tim was also very accommodating with meeting times..."
  • " I recently was in need of Mr. Sierra's services and I found him to be very understanding and helpful in my particular circumstance. He met with me and explained everything in full detail and also answered every question that I had....."
  • " I recommend Timothy Sierra a loyal and dependable lawyer. When you talk to him you feel that you are with a friend or a member of your family. Timothy is able to lead you in every step of the process. Good job Timothy."
  • " Bankruptcy is a private and personally devastating life event. Timothy Sierra and his assistant, Nancy, made the process as painless as possible. They kept in close contact via phone and email so I always knew what was happening in my case...."
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