Saving Your Home From Foreclosure
If you are having trouble keeping up with your mortgage payments or you have been notified of your lender’s intent to initiate foreclosure, don’t feel as though you have no other option than to give up your home. Filing for Chapter 13 bankruptcy stops any collection activity against you, including foreclosure, and can give you the time you need to create a plan to save your home.
There may be nothing more difficult than facing the possibility of losing your home to foreclosure. Many people do not understand their rights in these matters and feel helpless to take action once their lenders have decided to foreclose. At Advanced Bankruptcy Legal Services of Connecticut, we help clients find debt relief solutions that allow them to get caught up on their mortgage payments and keep their homes.
How Bankruptcy Can Protect Homeowners’ Interests
Chapter 13 bankruptcy not only stops any foreclosure proceeding in progress against you, but it also provides several other important benefits. In addition to the debts you are able to discharge as part of the bankruptcy, Chapter 13 allows you to repay your mortgage arrearages as part of your repayment plan.
As long as you are able to make your regular mortgage payments going forward, the risk of foreclosure should no longer be a concern. When you choose us as your bankruptcy attorneys, we will take a comprehensive approach to debt relief, going beyond addressing the foreclosure issue. We will seek a complete solution that puts you in the best financial situation possible.
Contact our office to discuss your questions about saving your home from foreclosure through bankruptcy. We serve the state of Connecticut. Call our New Britain office at 860-674-8003 or our Bloomfield office at 860-242-0574 or email us to schedule a free consultation.