Foreclosures are serious business and becoming all too common in Evansville and across southern Indiana. As a consequence of divorce, job loss, illness or some other major life event, just keeping a roof over your head can become a legal issue. If you need to stop foreclosure, a qualified lawyer can help. We represent many clients in foreclosure cases and work zealously to protect their rights. Our legal team views a home as a basic need that should be protected.
Our experienced staff is committed to working tirelessly in your best interests and helping you to stay in your home using every legal means possible. If you are facing a possible home foreclosure, contact us to discuss your situation and possible debt relief options.
Chapter 13 Bankruptcy for Foreclosure
Filing a Chapter 13 bankruptcy can stop foreclosures. A Chapter 13 bankruptcy reorganizes and restructures debt into a three- to five-year plan with a lump sum monthly payment. Past-due mortgage payments and real estate taxes are included in the amount. The total of the new combined payment is often less than the previous monthly amount. Moreover, the debt burden from a second mortgage can sometimes be stripped away and removed from the amount owed. Also, bankruptcy action will stop creditor harassment.
As another alternative in the right circumstances, a loan modification can be used to stop foreclosure by a bank. Certain qualifications have to be met to secure modifications that can reduce loan interest rates and lower monthly payments.
It is important to take action in a timely manner when foreclosure is a threat. If the situation reaches the point of a sheriff's sale, it may be too late to save the home. We provide the kind of tough, knowledgeable representation required to stop home foreclosures whenever possible.
Evansville Foreclosure Defense Attorney
Would you like to discuss a home foreclosure and bankruptcy options with a qualified lawyer? Please contact our friendly, knowledgeable legal team to schedule an appointment by calling 812-250-4276 or sending us an e-mail.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
