Foreclosure

  • Bankruptcy Can Stop a Foreclosure

    If you have fallen behind on your mortgage payments or if you have defaulted on your loan, then the lender / mortgage company could foreclose on your home.

    Filing for Bankruptcy can stop the impending foreclosure because a Court order goes into effect called the “Automatic Stay,” which prohibits most creditors from taking or continuing actions and attempts to collect a debt.

    A benefit of filing a Chapter 13 is that it provides you an opportunity to keep your house and catch up on overdue payments for secured debts (such as your mortgage payments).

    If you are currently in a Chapter 13 Bankruptcy and a “Motion for Relief” has been entered, then America Law Group will help negotiate with the lender / mortgage company for you.

    America Law Group has experience on foreclosures and Bankruptcy. We can help you handle the foreclosure and help you get financial relief.