Pamela Simmons Real Estate and IRS Tax Attorneys - Soquel Santa Cruz San Jose California Lawyers

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.

Mortgage Lending Laws and Foreclosure Relief

The 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:

Federal Truth in Lending Act Violations (TILA & HOEPA)
RESPA Violations
California Financial Code §4970
Fair Debt Reporting Act
Reverse Mortgage
Elder Abuse
Department of Real Estate Matters
Loan Servicing Violations
Forced Placed Insurance
Loan Accounting Matters
Predatory Loans

Countless homeowners across the country have been victimized by these fraudulent practices.

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 you 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.

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Short Sale

The Law Office of Simmons & Purdy area of practice 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 regards to homeowners who are considering doing a short sale we cover all areas needed for the homeowner to make a fully informed decision including:

Is the homeowner in jeopardy of a potential defienciency judgment?
What protections exist for the homeowner, such as purchase money protections and protections that attach if the lender forecloses non-judicially?
Is it likely that the homeowner might be liable for money due and payable to a "sold out junior"?
What tax consequences might follow with a foreclosure or short sale?
What are the current lender trends in short sales?
What other potential solutions might be available to the homeowner (loan modification, refinance, deed-in-lieu, and bankruptcy)?

This type of consultation generally takes 1 hour and our hourly rate is $450.00 per hour. Please feel free to call the office to arrange a consultation if this suits your needs. Since we practice statewide, we commonly arrange telephonic consultations if necessary.

If this does not suit your needs please feel free to call in and we can further discuss your situation.

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One Hour Consultation

Our 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 to consult about the various issues and solutions which might work for their situations.

During the consultation we would discuss each property 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 ballpark 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 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 you might not be able to save you home, we would look at what the various options for you would be: 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. would 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.

Generally this type of consultation takes about one hour if you only own one house. The hourly rate is $450.00 per hour.

To answer all the questions we would need to ask you the following:

When did you purchase the home and what was the purchase amount?
How much did you put down and what were your original loan amount(s)?
Did you ever refinance and if you did on your primary residence we would like you to bring your copies of those loan documents.
What is your monthly take income and how much are you paying for property taxes, homeowners insurance and homeowner association dues, if applicable.

If someone would like to make an appointment please feel free to call our office at 831-464-6884. We do these appoints both in person or over the phone, whatever suits you best. The receptionist Nicole or my office manager Catherine can arrange an appointment.

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Real Estate

The 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:

Preparation of real estate purchasing and leasing documents
Mortgages and Foreclosures
Title Examinations
Quiet Title Actions
Closings
Management
Formation and Structuring of Real Estate Partnerships
Easement and Adverse Possession Issues
Real Property Tax Assessment Issues

Our attorneys appear before all administrative and judicial bodies dealing with land use and other related matters. Let the experienced attorneys at the Law Office of Simmons & Purdy assist you with sound advice on any aspect of your real estate transactions.

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IRS Collection Representation

The 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:

Offers in Compromise
Installment Agreements
Relief from Liens and Levies
Filing Delinquent Returns
Analysis to Determine Tax Relief through Bankruptcy
Penalty Abatement
Appeal and Tax Court Representation
Trust Fund Penalty Abatement

Our attorneys are well versed in all collection related matters including hearings and appeals before the IRS, EDD, SBE, and FTB. We can help with issues relating to liens, levies, Offers in Compromise, 100% Penalty and tax deposit issues.

The Law Office of Simmons & Purdy will provide sound and savvy answers for all of your tax questions.

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Taxation

The 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.

Tax, Business and Licensing Analysis Regarding Choice of Business Entity
Minimizing Corporate Level Taxes
Employee vs. Independent Contractor Options
Marriage Planning Tax Options
Divorce Planning Tax Options
Like-Kind Exchanges
S Corporation Tax Planning
Business Valuations
Business, Individual and Estate Tax Return Preparation*
Trust Accounting*

*through in-office C.P.A.

The Law Office of Simmons & Purdy will provide sound and savvy answers for all of your tax questions.

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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.

Law Office of Simmons & Purdy
2425 Porter Street, Suite 10
Soquel, California 95073
Tel: (831) 464-6884 - Fax: (831) 464-6886

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.