Saginaw stop foreclosure with qualified bankruptcy legal services!
Aside from being a huge investment, your home is your safe place. Given this, foreclosure can be very stressful. But, if you file for Chapter 7 or Chapter 13 bankruptcy in Saginaw, it stops foreclosure proceedings. Give Detroit Bankruptcy Law a call to learn more about stopping foreclosure!
You can activate an automatic stay to stop foreclosure proceedings and remain in your home with bankruptcy, despite even an eviction notice. If you think you could lose your home to foreclosure, give Detroit Bankruptcy Law and Rita Kostopoulos Associates a chance to help.
Right when you enter our building, highly experienced Saginaw lawyers will counsel you on getting debt relief. You shouldn’t have to deal with foreclosure by yourself, we’ll come up with a strategy for you. Put foreclosure proceedings to a halt by calling Detroit Bankruptcy Law now.
Can bankruptcy stop foreclosure and let me keep my home?
If you have late mortgage payments piling up, your home can be repossessed and sold at a sheriff’s auction. This is foreclosure when your lender repossesses your assets so they can sell them and pay off your debt. Foreclosure won’t happen after one missed payment, but those missed payments can add up quickly. The best way to keep possession of your assets is to get a lawyer who can help you file for bankruptcy.
The moment you file for Chapter 7 or Chapter 13 bankruptcy, your foreclosure proceedings are paused. This is because bankruptcy activates an automatic stay which lets you remain in your home. The answer to whether or not bankruptcy can keep you in your home is yes!
If your home hasn’t been sold at the sheriff’s auction yet, there is still time to stop the bankruptcy. Depending on which chapter of bankruptcy you file, there will be implications for your foreclosure case. This is why it helps to have an experienced attorney defending you.
It’s not a given that your only option is bankruptcy. You could be in line for a deed in lieu of foreclosure or a loan modification. We can assist you in finding the best path back to financial freedom. While bankruptcy will stop foreclosure proceeds, there are potentially other options.
Expert advice for Saginaw bankruptcy
Detroit Bankruptcy Law can proudly say we have helped over 10,000 clients file for bankruptcy. Our extensive experience with bankruptcy rules and regulations allows us to build the best plan for your situation. If you have gotten an eviction notice, need to stop property tax foreclosure, or are dealing with possible foreclosure on your home, we can help you right away. The choice of attorney on your case can have a huge impact, so make the smart choice and go with Detroit Bankruptcy Law.