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Practice Areas The Law Office of Simmons & Purdy has earned an enviable record of favorable settlements and resolutions on behalf of our clients. We take great pride in our reputation as persuasive negotiators who are extremely knowledgeable in the complex area of mortgage lending. 
Real Estate
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Mortgage Lending Laws and Foreclosure Relief
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Short Sale
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One Time Consultation
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IRS Representation
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Taxation
Mortgage Lending Laws and Foreclosure ReliefThe Law Office of Simmons & Purdy is one of a handful of law firms with years of experience in representing clients whose are experiencing problems with their mortgage lender, loan broker or loan servicing agent.We can help you to determine whether you have been the victim of a predatory loan scheme and we can determine whether or not your lender has complied with all federal and state lending laws. If you are having problems with your lender, broker or loan servicer, call us to discuss:
If you are facing foreclosure on your home because of oppressive mortgage terms, insurance fees, interest rates which were changed or undisclosed prior to closing, your mortgage lender or broker may have failed to follow the Truth in Lending Act or other state and federal statutes. Contact us to find out if your home can be saved with a loan modification, debt forgiveness under the new government program, or in other ways. If your home can't be saved contact us to find out if you will have any debt owed after the foreclosure (deficiency or sold out juniors), any taxes owed for debt relief (1099 income) or possible taxable gain on the foreclosure. Let us clearly explain how the foreclosure process can work for you and what you can expect to happen. If you have received a "Notice of Default" or your home is in foreclosure, let the experienced attorneys at the Law Office of Simmons & Purdy determine whether your foreclosure and credit problems qualify for statutory relief. page top Short SaleThe Law Office of Simmons & Purdy practice area has included assisting homeowners with mortgage related problems since 1996. William Purdy is a tax attorney and as such it is our practice to include taxation issues as a part of our consultations.With regard to homeowners who are considering doing a short sale we cover all areas needed for the homeowner to make a fully informed decision including:
If this does not suit your needs please feel free to call in and we can further discuss your situation. page top One Time ConsultationOur office is quite familiar with what homeowners are going through, as alas, it is a very common problem these days. We would be happy to meet with anyone wishing to consult about the various issues and solutions which might work for their individual situations.During the consultation we would discuss each property owned with an eye to see if the property might be "savable" and if so how. We would look at your loan documents to determine if they had any viable legal rights for you to pursue. We would discuss loan modification and crunch the numbers to see if it would be likely that you could obtain one, and estimate if such a loan modification would be affordable to you. We do not do loan modifications but would refer you to a HUD approved non-profit agency who would assist you at no charge. Please DO NOT pay anyone in advance to modify your loan under ANY circumstances. We would discuss the fair market value of your property. We would discuss your second mortgage - if you have one and the effect on that loan if you are "underwater". We would discuss the various options available regarding your second mortgage. We might also look at bankruptcy to see if that might help your situation. We are not bankruptcy attorneys but we can generally figure out if it might be a good idea for you to consult with one or not. If we determine that it is possible that you might not be able to save your home, we would look at what the various options for you would be. Those options would include: short sale, deed in lieu, and foreclosure. We would discuss what would be the benefits and consequences for each option. We would also look at loan deficiency issues, i.e., whether you have to worry about someone coming after you to collect any loan shortfall or balances due and if so, what you might be able to do about it. We would also review the potential tax consequences and help to determine your best way to avoid the tax. Generally this type of consultation takes about one hour if you only own one house. The hourly rate is $475.00 per hour. To answer all the questions we would need to ask you the following:
page top Real EstateThe capable attorneys at the Law Office of Simmons & Purdy represent clients in all proceedings and transactions that deal with real property (land) and the structures attached to it including:
page top IRS Collection RepresentationThe seasoned attorneys at the Law Office of Simmons & Purdy represent clients who owe for back taxes or tax penalties to the Internal Revenue Service (IRS), the California Franchise Tax Board (FTB), the California Employment Development Department (EDD) and the State Board of Equalization (SBE). We utilize a variety of measures on behalf of our clients including:
The Law Office of Simmons & Purdy will provide sound and savvy answers for all of your tax questions. page top TaxationThe experienced attorneys at the Law Office of Simmons & Purdy represent individuals and commercial clients in matters with tax implications, identifying and addressing state and federal tax issues, structuring transactions in such a way as to minimize taxes and avoid inherent tax problems.
The Law Office of Simmons & Purdy will provide sound and savvy answers for all of your tax questions. page top We invite you to contact us by email, at info@pamelaw.com or by telephone at (831) 464-6884 to set up a personal consultation. We will answer your inquiries promptly and confidentially (SE HABLA ESPAŅOL). Law Office of Simmons & Purdy 2425 Porter Street, Suite 10 Soquel, California 95073 Tel: (831) 464-6884 - Fax: (831) 464-6886 Show Map 
Soquel, California lawyer, Law Office Simmons & Purdy, proudly serves all of the state of California, including Santa Cruz, Monterey, Santa Clara, and San Benito Counties, as well as Santa Cruz, San Jose, Capitola, Watsonville, and Scotts Valley with Real Estate, Predatory Lending Liability, Mortgage Lending Law, Foreclosure Relief, Representation before the IRS and other Taxation needs.
The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. Home | Practice Areas | Attorneys | S & P In the News | Referrals Web Resources | Published Articles | Contact Us |
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