Stop Foreclosure
Filing for bankruptcy is a hard decision, an action of last resort. If the bank is threatening to foreclose on your house, that time has come. It may be the only way to save your home.
If you are facing home foreclosure, I am an experienced bankruptcy attorney who can act fast to protect your interests and take full advantage of a bankruptcy petition. For example, you may be eligible to strip secondary liens through a Chapter 13.
Free 30-Minute Bankruptcy Consultation
I represent small business owners, homeowners and other individuals in Colorado. Contact me today.
Saving Your Home Through Bankruptcy
Ideally, you should seek legal counsel from a skilled lawyer while you still have legal options. However, filing for bankruptcy will halt foreclosure proceedings anytime before the Public Trustee sale has occurred.
Chapter 13 bankruptcy may be the only solution if you are several months behind on mortgage payments. Chapter 13 immediately halts foreclosure and rolls those arrears into your bankruptcy repayment plan, spread out over three to five years.
Chapter 13 may allow you to strip a second mortgage or home equity loan if your home is "underwater" (the market value is less than you owe on the first mortgage). If eligible, lien stripping could eliminate tens of thousands of dollars in debt.
Chapter 7 bankruptcy cannot discharge mortgage arrears. However, if you are current with the mortgage but have substantial unsecured debts that threaten your ability to continue making house payments, Chapter 7 may make sense.
Chapter 7 can temporarily halt foreclosure to buy you time to negotiate a workout or loan modification with your lender.
I try to help my clients make good decisions. There's no point to being a slave to a mortgage you can't afford. If bankruptcy is only a temporary solution to an inevitable foreclosure, I will help you explore your other options.
Stop Foreclosure in Loveland, Fort Collins, Greeley and Beyond
I have helped hundreds of Colorado residents save their homes. Contact me as soon as possible to address all your questions and concerns about foreclosure and bankruptcy.
You can call me at 970-667-2101 or contact me online, to arrange your free consultation, including evening appointments.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.