Pontiac stop foreclosure with qualified bankruptcy legal services!
Foreclosure can be incredibly stressful, as your home is a sanctuary as well as a huge investment. However, using Chapter 7 or Chapter 13 bankruptcy Pontiac will put a stop to any foreclosure proceedings. Contact Detroit Bankruptcy Law to find out how you can stop foreclosure.
Bankruptcy initiates an automatic stay that will end foreclosure proceedings and keep you in your home, no matter if you’ve been given an eviction notice already. If foreclosure is threatening your home, get in touch with Rita Kostopoulos Associates and Detroit Bankruptcy Law for help.
As soon as you walk into our office, you’ll meet expert Pontiac attorneys who will advise you on a debt relief strategy. Stop foreclosure in its tracks with help from Detroit Bankruptcy Law.
Can bankruptcy stop foreclosure and let me keep my home?
Accruing multiple late mortgage payments puts your home at risk for repossession to be sold at a sheriff’s auction. That’s foreclosure, where a lender will repossess an underpaid asset so they can sell it to make back their money. It’s not something that happens after one missed mortgage payment, but it doesn’t take too long. A qualified lawyer can help you file for bankruptcy to protect your assets.
Foreclosure proceedings are paused as soon as you file for Chapter 7 or Chapter 13 bankruptcy. This is due to the automatic stay put in place by bankruptcy, it lets you stay in your home.
Before your home is sold at the sheriff’s auction, you can stop the sale with bankruptcy. The chapter of bankruptcy you choose will affect your specifics in bankruptcy, so be sure to have a knowledgeable lawyer on your side.
Bankruptcy may not be your only option; you could be eligible for a loan modification or a deed in lieu of foreclosure. Bankruptcy will stop foreclosure proceedings, but there may be other options available.
Expert advice for Pontiac bankruptcy
We are proud to say that Detroit Bankruptcy Law has assisted more than 10,000 people in bankruptcy. We have the experience necessary to navigate bankruptcy’s many rules and regulations. If you need help stopping property tax foreclosure, have received an eviction notice, or are dealing with a potential foreclosure, give us a call as soon as you can. Your attorney will greatly affect your foreclosure proceedings, so rest easy with help from Detroit Bankruptcy Law.