foreclosure attorney may know about foreclosure options to prevent you from losing
your home. These options may include either Chapter 7 or chapter 13 bankruptcy.
Financial hardship can cause emotional and physical illness and may even
take its toll on personal relationships. Don’t add losing your home
to the list of your problems without first discussing your options with
a qualified attorney.
How do people come to the point in their lives of facing foreclosure? Financial
difficulties happen for many reasons. No one plans of defaulting on their
home mortgage payments but sometimes life’s circumstances get in
the way of even the most well-made plans. People lose jobs, become ill,
disabled or face other personally devastating circumstances that can change
their ability to make mortgage payments on time. Financial institutions
are not always understanding about what may have happened to delay your
mortgage payment. A foreclosure attorney will listen and help you find
a solution to remain in your home.
What happens during the foreclosure process? While the laws vary from state
to state, your mortgage company can file foreclosure proceedings on you
once you have missed the allotted number of home mortgage payments. You
may receive a visit from your local Sheriff with a notice of foreclosure.
Just because you have received a notice of foreclosure does not mean that
there are no options left for you to remain in your home. If you have
received a notice of foreclosure, you should schedule a consultation with
a foreclosure attorney as soon as possible. Remember, time is of the essence
in these cases and you must begin to file bankruptcy proceedings before
a deadline date.
Your attorney will ask for specific details during your consultation about
what stage of the foreclosure process you are in as well as looking at
documentation you have been given from legal authorities or from your
financial institution. Once he analyzes all this information, he will
know how to best proceed in approaching the lender or court with foreclosure
Both Chapter 7 and Chapter 13 bankruptcies may have provisions which will
allow you to remain in your home and prevent foreclosure. If you are hopelessly
behind on mortgage payments and are facing the possibility of foreclosure,
talk to a foreclosure attorney while there is still time. The sooner you
find out what your options are, the sooner you can start getting your
life back in order. Once you resolve your immediate foreclosure issue,
you can get help with
coping with debt and develop a personal budget.
The Law Offices of James C. Shields assists people with all probate matters
and helps people who cannot pay their debts; we are compassionate professional;
knowledgeable; we offer payment plans; our fees are reasonable; we guarantee our work.
Contact us today to explore options that can help you remain in your home.