Don’t lose your Folsom home to foreclosure. You can stop foreclosure and save your home by calling our bankruptcy attorney at (916) 596-1018. Our attorney can file an emergency bankruptcy petition to stop the Trustee’s sale. Through chapter 13 bankruptcy you can catch up on your home mortgage through a 3 to 5 year repayment plan. Even if the Trustee’s sale is scheduled for tomorrow, you can save your home by calling our attorney today at (916) 596-1018.
How Chapter 13 Bankruptcy Can Save Your Home
Chapter 13 bankruptcy is not a magic wand, but it is an effective tool for stopping foreclosure and saving your home. The filing of a bankruptcy petition will stop the foreclosure process and any scheduled Trustee’s sale. After filing our attorney will propose a chapter 13 repayment plan that will give you 3 to 5 years to repay late mortgage payments. After you have completed the repayment plan you will be current on your home mortgage and no longer at risk of foreclosure.
Many homeowners facing foreclosure need an emergency bankruptcy petition filed right away. Our foreclosure lawyer can often file a bankruptcy petition the same day you call, but that shouldn’t give you an incentive to wait until the last minute. The entire bankruptcy process will be easier and less stressful the more time you have before filing. If you’re in danger of losing your Folsom home to foreclosure consider calling our bankruptcy attorney today for a free consultation.
Chapter 13 bankruptcy can provide more predictable results than some other foreclosure defense strategies. Some Folsom real estate agents will advise you to attempt a short sale, but if you’re facing foreclosure the likelihood of receiving lender approval can be uncertain. In contrast, chapter 13 bankruptcy can force your lender to accept the 3 to 5 year repayment plan. Furthermore, chapter 13 bankruptcy can eliminate other debts in addition to saving your home.
To learn more about saving your home through chapter 13 bankruptcy call our attorney at (916) 596-1018.