Stop foreclosure Eastpointe with expert bankruptcy services!
Anyone who is faced with the prospect of losing their home to foreclosure will be distraught. Your home is a safe haven, a refuge, a type of sanctuary, as well as a significant financial investment. Foreclosure proceedings would be halted if a Chapter 7 bankruptcy or Chapter 13 bankruptcy has been filed, so contact the experts here at Detroit Bankruptcy Law to learn how to stop foreclosure indefinitely!
An automatic stay kicks in after you file for bankruptcy to stop foreclosure, allowing you to stay in your home even if you've already been served with an eviction notice. If you are in danger of losing your home to foreclosure, Detroit Bankruptcy Law and the Rita Kostopoulos law firm can help.
As soon as you step through our doors, you will work with an expert attorney Eastpointe ready to offer you legal advice and aid in achieving debt relief. We realize how terrible it is to be faced with the potential of losing your home, and we want to help you safeguard your home and other assets by presenting you with a plan of action. If you are facing foreclosure, don’t wait another moment to contact Detroit Bankruptcy Law Attorneys.
Can bankruptcy stop foreclosure and protect my home?
When late mortgage payments accumulate over time, the property will be foreclosed and sold in a sheriff's sale. When a lender takes back property and subsequently sells it to recoup the remaining loan balance, this is known as foreclosure. While the first missing mortgage payment won't always lead to this, it might happen sooner than you think. In this situation, working with an attorney and filing for bankruptcy is the best approach to safeguard your home.
Bankruptcy Chapter 7 or bankruptcy Chapter 13 will stop foreclosure proceedings immediately. When you file for bankruptcy, the automatic stay kicks in, allowing you to stay in your house even if you've already been served with an eviction notice. So, if are wondering can you stop foreclosure with chapter 7 bankruptcy or other chapters. The answer is yes!
You can postpone the sale of your house if a sheriff's sale has not yet occurred by filing for bankruptcy before the sale date. Depending on whatever chapter you file, the specifics of your foreclosure case may differ. This is why it is critical to speak with an attorney about your circumstance.
You may have more choices than bankruptcy; for example, you may be able to petition for a loan modification or even a deed in lieu of foreclosure. Our staff will assist you in determining the best strategy for achieving financial independence. Not only will bankruptcy stop foreclosure, but there may be other courses of action you can take to resolve your issue.
Expert advice and representation for bankruptcy Eastpointe
Since our inception, we have assisted over 10,000 people in filing for bankruptcy. We have a thorough grasp of the bankruptcy rules and regulations, and we can devise a tailored strategy to defend you and your case. If you are facing home foreclosure, need to know how to stop property tax foreclosure, or have received an eviction notice, please contact us right once to retain our services if you are wondering can filing bankruptcy stops foreclosure. Working with the attorneys at Detroit Bankruptcy Law will make all the difference in the outcome of your case.