If foreclosure proceedings have already started, a combination bankruptcy and foreclosure defense may be your best option.
Filing for bankruptcy first will put an automatic stay in place, which means the sale of your home will stop while we work on a plan that fits your situation.
Filing for bankruptcy can help protect your home from foreclosure. When you file, an automatic stay will be put in place, which stops the sale of your home. This gives us time to find a permanent solution for your debt problems.
No matter which type of bankruptcy you qualify for, the automatic stay will go into effect as soon as you file. Bankruptcy can also make it easier to get a loan modification or use other ways to defend against foreclosure. And, it has other benefits too, like getting rid of unsecured debt and helping you get your finances back on track.
Whether you need to modify your loan, catch up on payments through a plan, sell your home in a short sale, or just walk away, bankruptcy can give you the power to secure your family’s future.