Stop foreclosure Pontiac with expert bankruptcy services!
No one wants to deal with the possibility of losing their home, but if foreclosure is looming then you need to do something about it. If you file for Chapter 7 or Chapter 13 bankruptcy, then your foreclosure proceedings will be stopped. Contact Detroit Bankruptcy Law today to learn more about stopping foreclosure with bankruptcy.
When you file for bankruptcy, it kicks off an automatic stay which pauses foreclosure proceedings and allows you to stay in your home despite even an eviction notice. If there is a chance that your home will be up for foreclosure, please call Rita Kostopoulos Law and Detroit Bankruptcy Law immediately.
Once you enter our office, an expert Pontiac bankruptcy attorney will get the right to work on your case. You shouldn’t have to go through foreclosure and lose your home, let Detroit Bankruptcy Law help you keep it.
Can bankruptcy stop foreclosure and protect my home?
Your home can be foreclosed on and sold at a sheriff’s auction if you miss too many mortgage payments. While this isn’t an immediate consequence, foreclosure can come quicker than you expect. We have the experienced lawyers you need to file for bankruptcy and stop foreclosure.
If you want to stop foreclosure proceedings immediately, both Chapter 7 bankruptcy and Chapter 13 bankruptcy will do that. This is because of an automatic stay that is put into place immediately after filing for bankruptcy which halts foreclosure proceedings.
If your home has been foreclosed on but they have not sold it at a sheriff’s auction yet, you still have time to stop the sale with bankruptcy. Depending on which chapter of bankruptcy you choose, your foreclosure proceedings be affected differently so make sure you have a knowledgeable attorney on your side.
It’s not always the case that bankruptcy is your one option, there may be other debt-relief options like a deed in lieu of foreclosure or a loan modification available. We will analyze your situation to decide which option is most beneficial to you. Although bankruptcy stops foreclosure right away, there could be better options out there for you.
Expert advice and representation for bankruptcy Pontiac
Detroit Bankruptcy Law has proudly guided over 10,000 clients through bankruptcy over the years. With this experience, we have gained the knowledge necessary to ensure that your bankruptcy period has the best possible effect on your finances it can have. If you need to stop foreclosure, need to stop property tax foreclosure, or you have gotten an eviction notice, get in touch with us today so we can come up with a plan to get you back control over your finances!