There appears to be a rising number of people looking for short sales in order to avoid foreclosure in the Los Angeles area. A local bankruptcy attorney is starting to see more and more people who have been financing their lifestyles by placing 2nd and 3rd mortgages on their homes, and then at some point that money runs out and they find themselves in worse trouble than before!

The first cardinal sin when you find yourself in trouble is to fall for the first sales pitch presented to you saying that you'll get out of trouble if you'll just refinance all of your debt into one new mortgage. This is actually the WORST thing that you can do!

Seek professional advice if you find yourself in trouble, either with a bankruptcy attorney or a lender who has full knowledge of troubled situations. Stay far, far away from internet lenders and make sure you're not having your credit pulled over an over while you search for that one person who can possibly save your situation once again.

If you're in the Los Angeles area, I highly recommend Ray Bulaon of Bulaon Law for bankruptcy situations. You can reach Ray at 661.212.0865. If you're in need of an honest lender with years of experience with difficult loan situations, then I recommend that you call Tricia Apostol of GMAC at 661.753.5770. Both of these people speak both English and the Philippino dialects.

For more information on the Santa Clarita Valley area, visit http://HoneyStartPacking.com/ and http://SantaClaritaRealEstateBlog.com/.