Are you thinking of withdrawing from your 401(k) account to pay your mortgage?

On Friday, one of the stories making national news was how 401(k) withdrawals have increased drastically.  As the article reflects, the main reason for the increases is that people are withdrawing funds to pay their mortgages.

I can't begin to tell you how much this concerns me, but I will say this;  If you think the bank will agree to a loan modification if you can "hang on" a little longer by paying your mortgage with 401(k) funds, you probably have a better chance at winning the lottery.

Before you liquidate your retirement account, and ruin your future, to keep paying a mortgage you probably can't afford (on a house worth far less than you owe), I strongly suggest that you contact an experienced Florida Foreclosure Defense Attorney and evaluate your options.

Florida's homeowners are being taken advantage of, whether you are faced with foreclosure or not, you need to seek the advice of an experienced Florida foreclosure defense attorney .

Get the legal advice you need; understand your rights and know your options. We do not charge for an initial consultation, so there is no cost for you to see if we can help. Call us today for a FREE initial consultation (561) 392-7031