Jeffrey D. Larkin, Your Encinitas Bankruptcy Attorney

“Encinitas Earl” was a pipe fitter specializing in retrofitting upgraded piping on older buildings. During the height of the real estate boom in the early 2000’s Encinitas Earl had plenty of work and was doing very well financially. Encinitas Earl worked hard and was finally in a position to purchase a nice sized home in 2005. The property was 100% financed with an 80% first mortgage and a 20% second mortgage. He had no other debt.  
Within 2 years of closing escrow on what he thought was his dream home, Encinitas Earl was shocked to learn the value of his home had fallen by 40%. During that same period Encinitas Earl suffered a crippling blow to his business as a result of the declining real estate market and lack of projects.

Realizing that he could no longer continue to make the required mortgage payments on his home, Encinitas Earl contacted The Larkin Law Firm for assistance. Encinitas bankruptcy lawyer and consumer debt attorney Jeffrey D. Larkin reviewed Earl’s situation and a deed in lieu of foreclosure was negotiated with Earl’s lender.
 
This allowed Earl to avoid both a bankruptcy and a foreclosure on his credit and freed him of his obligation to make payments on two mortgages on a home that was no longer worth what was owed. While a bankruptcy filing could have also resolved the issue, Encinitas Earl obtained the same result without the stigma of the bankruptcy mark on his credit.
 
If you or someone you know is suffering financially, contact the Larkin Law Firm for a Free, No Obligation Consultation. Bankruptcy attorney Mr.Larkin will show you the light at the end of the tunnel and guide you along the way towards financial freedom. 

The city of Encinitas is located in North County San Diego and is popular because of its clean coastal location, mild climate and great surf breaks. Encinitas is also known for being the city where the largest number of ornamental flowers are produced, including poinsettias. Encinitas consists of several different geographic areas, known as old Encinitas, Cardiff-by-the-Sea, and Leucadia. Encinitas has plenty of great golf courses, luscious gardens, and charming restaurants, and is home of the Quail Botanical Gardens, a garden allowing people to enjoy beautiful flowers while experiencing the wonders of a rainforest.

Encinitas estimated median house or condo value is around $618,889 and the average household income is $82,391. The average median gross rent in Encinitas is $1,667. The City of Encinitas provides it’s residents with different programs and services that allow for affordable housing for eligible low-income households, learn more now.