Foreclosure and Default Servicing Practice Group

The SHS approach to our “cradle to grave” foreclosure services has evolved over many years of experience in the default services arena.  The Foreclosure Practice Group has conducted thousands of foreclosures throughout Rhode Island, Connecticut, Massachusetts, New Hampshire, Vermont, and Maine.  Our approach is founded upon a philosophy which we have found to be very different from that of other firms providing similar services.  This philosophy can best be summarized as follows and is described in greater detail below.

• Partner level participation at the most critical stages of the foreclosure and collection process, resulting in a streamlined foreclosure process which provides faster results and added value to the client.

• Technical accuracy and efficiency brought about by the use of foreclosure procedures which have been designed specifically for these practice areas and have been refined through many years of experience.

• Proficient use of cutting edge industry technology, which affords us the ability to interface with clients quickly as they continue to change and add new technological developments.

A senior attorney/paralegal team is assigned primary responsibility for each foreclosure client.  We are acutely aware of the importance of timelines, and we have implemented safeguards to insure that these timelines are met and often exceeded.  Our Foreclosure Practice Group makes every effort to maintain constant communication with its foreclosure clients to ensure that the desired result is achieved in all foreclosure matters being handled by the firm.  Being aware of special circumstances attendant to any particular borrower or property assists the group in understanding the client's level of interest in encouraging reinstatement or other resolution of the loan, as opposed to liquidation of the collateral.  The Foreclosure Practice Group takes special care to be particularly responsive to both client and borrower in these matters to ensure that opportunities to achieve desirable loss mitigation resolutions prior to sale are not missed.

The Foreclosure Practice Group has extensive expertise in all aspects of conveyancing and title issues.  This provides the firm with the ability to efficiently address and resolve any title matters that may hinder the foreclosure process and to handle all aspects of the sale of REO properties.  The individuals in our Foreclosure Practice Group also possess the experience necessary to handle all other issues closely related to the foreclosure process, such as bankruptcy and eviction.