Working to Save Your Home From Foreclosure
If you are behind on your home mortgage payments and facing the possibility of foreclosure, filing for Chapter 13 bankruptcy may help stop the foreclosure proceeding and give you the opportunity to repay the past due amount and keep your home. Even if you are in the middle of foreclosure proceedings right now, it may very well still be possible to stop it through a Chapter 13 filing.
Filing for bankruptcy is an extremely important decision and one that should not be made lightly. At the Louisville, Kentucky, Law Office of Robert J. Morrison, I will help you to understand all of your options and give you the information you need to make the decision that is best for your personal situation.
Lien Stripping
Another possible advantage of filing for Chapter 13 is the ability to strip second or third mortgages from a home. In general, if the value of your home is less than the amount you owe on the primary mortgage, any second or third mortgages are considered unsecured debt (similar to credit card debt) and may be stripped away since there is no value in the home to secure them.
I have practiced bankruptcy law for more than 30 years, and I understand the stress and anxiety that come with the prospect of losing your home. I provide personalized attention to every client and work to build customized debt relief solutions that address your specific needs.
Call for a Free Initial Consultation
Contact me today to discuss your foreclosure questions. You will speak with a lawyer, not a paralegal. If you are facing foreclosure, it is important to act quickly. Foreclosure can be stopped at anytime prior to the completion of a foreclosure sale. Once the sale is done, however, you will not be able to save your home through a bankruptcy filing. You can reach me by phone at 877-388-6425 or via e-mail.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
