Torrance Foreclosure & Repossession Attorneys
Stopping Foreclosure and Repossession in Torrance
Are your debt problems jeopardizing your property? If you fall behind on mortgage payments you could lose your house. If you miss a car payment, your vehicle could be repossessed. At the Law Offices of James C. Shields, we help people keep the property they have worked hard to purchase by helping them seek the protections of Chapter 13 bankruptcy. Let us put our skill and experience in bankruptcy law to work for you.
Here at the firm we provide aggressive foreclosure defense to clients in and around the Torrance area.
Holding on to Your Property in California
At the Law Offices of James C. Shields, our foreclosure prevention attorneys help people get out of debt by seeking the protections of Chapter 13 bankruptcy. Chapter 13 will allow you to keep your home, your car and other valuable property as long as you can adhere to a monthly payment schedule and pay back your arrears. In the case of home foreclosure, it is important to act in a timely manner, as there are strict timelines in place. If you miss payments on your mortgage:
- A creditor will file a motion for relief from the automatic stay on your mortgage foreclosure proceeding,
- The creditor will then file a notice of default, giving you 90 days to cure the default.
- If you do not cure the default within 90 days, the creditor will then file a notice of sale, giving you an additional 21 days to cure the default.
- If you miss that deadline, your home may be sold on the 21st day.
Our South Bay bankruptcy attorneys will guide you through the bankruptcy process, keeping you up to date on all of the developments in your case, and making sure you take all the necessary steps to avoid these creditor actions.
In California, creditors can repossess your car if you are late on payment by a single day. They must, however, play by the rules and follow certain procedures. They are required by law to send you a post-repossession notice, which outlines how you can go about getting your property back. We will carefully review your case to help you get your property back and ensure that the creditors followed the law.
Schedule Your Free Consult with a Torrance Repossession Lawyer
If your car has been repossessed, we can help you explore your options and take legal action. Contact us to schedule your free case review with a Torrance debt relief attorney today, either online or by telephone at (310) 626-4404.
We Can Help You Find Financial Freedom
We Diligently Represent Your Interests
Over 50 Years of Collective Experience