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Debt Relief – Insolvency – Bankruptcy Information » Foreclosure Law » Do I need an attorney to file for deed-in-lieu of foreclosure?

Do I need an attorney to file for deed-in-lieu of foreclosure?

I’m transferring out of state and my house is SERIOUSLY underwater…I would rather not pay a $2500 attorney fee if I can avoid it

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2 Responses to "Do I need an attorney to file for deed-in-lieu of foreclosure?"

  1. Glenn S says:
    $2500 to prepare a Deed-in-Lieu? That is ridiculous. For what, 10 minutes of work. If your lender agrees to a Deed-in-Lieu the lender will draw up the paper work, not you. Remember the lender must agree to the Deed-in-lieu.

    Any para-legal service or the website “LegalZoom.com” will do the paper work for 1/10 of that price.

  2. Landlord says:
    The lender files this, not the borrower. You do not have to file anything.

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