Flint stop foreclosure with qualified bankruptcy legal services!
The chance of losing your home to foreclosure is a heartbreaking thing to deal with. Not only is it a large financial investment, but it has plenty of sentimental value, too. If you file for Chapter 7 or Chapter 13 bankruptcy in Flint, it will suspend foreclosure proceedings. Give us a call at Detroit Bankruptcy Law to learn more about stopping foreclosure!
Once you’ve filed for bankruptcy to stop foreclosure, it starts an automatic stay which will let you stay in your home even if you’ve been given an eviction notice. We can help you at Kostopoulos Bankruptcy Law if you might be losing your home to foreclosure.
The moment you step into our office, we’ll greet you with an experienced Flint lawyer who can give you the legal counsel you need for debt relief. We know how worrying the chance of losing your home is, so let us help you protect your assets with a customized strategy. Don’t let foreclosure proceedings carry on another minute, contact Detroit Bankruptcy Law now.
Can bankruptcy stop foreclosure and let me keep my home?
If your late mortgage payments pile up, then your home will be repossessed and auctioned off at a sheriff’s sale. This is foreclosure when your lender repossesses your property to sell and make back your outstanding debt. Your home won’t be repossessed after the first missed payment, but it can come quicker than you would think. The best way to protect your assets in this situation is to contact an experienced attorney to file for bankruptcy.
The moment you file for bankruptcy Chapter 7 or Chapter 13, it will suspend foreclosure proceedings. It starts an automatic stay, which will keep you in your house even if there’s been an eviction notice. So, if you were wondering if Chapter 7 or Chapter 13 bankruptcy can stop foreclosure, then know that it’s true!
If your home hasn’t been sold at a sheriff’s sale, then you have time to postpone the sale by filing for bankruptcy before it happens. Depending on which chapter of bankruptcy you file for, it will affect the specifics of your foreclosure. That’s why you need the expertise of an attorney to help understand the differences.
There’s a chance that you have other options than bankruptcy, like a deed in lieu of foreclosure or a loan modification. We can help you find the best path toward financial independence. Bankruptcy will stop your foreclosure, and there may be other options for you, too.
Expert advice for Flint bankruptcy
Our law office has helped over 10,000 clients file for bankruptcy over the years. We understand the rules and regulations of bankruptcy as well as anyone, and we’ll come up with a plan that’s perfect for your individual case. When facing foreclosure on your home, have received an eviction notice, or need to know how to stop property tax foreclosure, get in touch with us right away so we can help. The experts at Detroit Bankruptcy Law could make the difference between a good and bad result in your case.