Dearborn stop foreclosure with qualified bankruptcy legal services!
If your house is at risk for foreclosure, then it’s a natural feeling to be concerned. However, Chapter 7 or Chapter 13 bankruptcy Dearborn could be the solution to keeping your home. Losing your home is scary, since it’s your safe place and likely the biggest investment a person makes in their lifetime. If you were to file for bankruptcy, then you could activate an automatic stay which would stop foreclosure proceedings immediately. It even stops foreclosure after you’ve received an eviction notice. If you want to know more about stopping foreclosure, get in touch with Detroit Bankruptcy Law to learn how we can stop your foreclosure proceedings.
Once you’ve filed for bankruptcy and the automatic stay stops foreclosure proceedings, you’re allowed to stay in your home. Foreclosure doesn’t have to mean losing your home, let the experts at Detroit Bankruptcy Law and Rita Kostopoulos Associates help you win your case.
If you want to put together a rock solid plan to save your home from foreclosure and clear your debt, our expert Dearborn bankruptcy lawyers can help you with that. We’ll come up with a plan to help you qualify for debt relief, which will allow you to stop foreclosure and get rid of your debt.
Can bankruptcy stop foreclosure and let me keep my home?
Yes it can. If you’ve missed payments on your mortgage and your home is foreclosed on, then it will be repossessed. Once it’s repossessed, it will be sold at a sheriff’s auction. Repossession doesn’t happen right away, but it can come quickly. Our team of skilled lawyers can help you defend your home.
If you want to pause foreclosure proceedings, then Chapter 7 or Chapter 13 bankruptcy is an effective way to do so. Either one activates an automatic stay which will stop foreclosure proceedings immediately and let you stay in your home for the full bankruptcy period.
If your home has already been repossessed, we could still be able to get it back. As long as it hasn’t been sold at the sheriff’s auction already, bankruptcy will pause the sale. Your choice of bankruptcy chapter has an effect on your case, so it’s important to have a lawyer who knows what they’re doing.
While bankruptcy is an effective defense against foreclosure, it’s not always the only option. There are many debt relief options, like a loan modification or a deed in lieu of foreclosure, that you might qualify for. We can help you find out if you qualify for either of these as well as which one is your best option.
Expert advice for Dearborn bankruptcy
We hate to see a person lose their home, so we’ll do everything we can to help defend yours against foreclosure. At this point, Detroit Bankruptcy Law has helped more than 10,000 clients keep their homes from the hands of creditors. We take care of the complicated parts of bankruptcy, so that you can get a great result without all of the stress that you would have doing it alone. We’ll make sure creditors are held accountable while defending your home. If your home may be foreclosed on or if it’s currently being foreclosed on, let Detroit Bankruptcy Law help you create the best defense possible.