Sacramento Mortgage Foreclosure Defense Lawyer
Your home is arguably your most important asset. In it, you have made memories to last a lifetime. That is why it is easy to be scared when your creditors are threatening to take it away from you through foreclosure. At The Bankruptcy Group, we know how important your home is to you, and we can help you protect your house from being foreclosed.
If you or someone you know are facing a foreclosure, we may be able to help. Do not wait another minute and get in contact with one of our Sacramento mortgage foreclosure defense lawyers today at 1-800-920-5351.
Protecting Your Home from Foreclosure
In recent years, we have witnessed how the economy has placed many individuals under financial duress. As such, many people have struggled to keep up with their financial obligations. This includes meeting their mortgage payment obligations. As a result of default, many people have lost their homes to foreclosure.
Foreclosure is a legal process through which a creditor exercises their right to recover what a debtor owes. In short, if you stop making your payments to your lender, they can go after your home. This means your lender will try to take over your property and force a sale to recover the balance you owe.
You may wonder how will you be able to protect your home from being foreclosed. Fortunately, there are ways you can protect your home from your creditors and opportunities for a new financial start.
Bankruptcy can be an excellent alternative to manage your debt and prevent your home from being foreclosed. When you file for bankruptcy, you get the benefit of what is called an “automatic stay.” The automatic stay prevents your creditors from taking collection actions while the bankruptcy process is in effect. However, there are exceptions to this general rule.
While generally, creditors cannot reach out to collect any existing debt during bankruptcy, certain obligations are not protected by the automatic stay depending on what bankruptcy chapter you file for. For instance, if you currently have child support obligations, you must keep making your payments without delay. Additionally, actions to modify your child support obligations will not be protected by the automatic stay. If you run into trouble with crime, an automatic stay cannot stop any legal proceedings or fines against you. Our knowledgeable bankruptcy lawyers can help you determine whether an automatic stay can help with your particular case.
How Can Our Bankruptcy Lawyers Help You Stop Foreclosure?
People who wish to file for bankruptcy can do so without the help of an attorney. This is what is known as filing pro se. While courts may allow you to represent yourself in the bankruptcy process, it is best to be represented by a qualified bankruptcy attorney.
Filing for bankruptcy requires more than just merely submitting your petition with the court. Representing yourself in a bankruptcy case requires you to have knowledge of bankruptcy law and the complexities surrounding your financial issues. Furthermore, it needs you to have a profound understanding of the federal court’s rules and procedures, bankruptcy procedures, the U.S. Bankruptcy Code, and other legal matters.
A mistake in your application, or during the bankruptcy process can hurt your chances of success. Our skilled, knowledgeable bankruptcy lawyers can help you by taking the following steps:
- Advising you whether filing for bankruptcy is your best option
- Explaining bankruptcy law
- Advising you on which chapter you should file for bankruptcy under
- Assisting you with completing the appropriate forms
- Filing essential documents with the court
Getting help from a qualified bankruptcy lawyer can help you assess your financial situation, make an informed decision, and prevent your case from being dismissed based on an error. Once qualified for bankruptcy, you can take advantage of the benefits offered by the automatic stay. Additionally, a bankruptcy can help you manage your finances and pave the way for a new financial start.
For instance, depending on the type of bankruptcy you file for, you can have most of your non-secured debt wiped. This is one of the benefits offered by filing for bankruptcy under Chapter 7. Additionally, you can meet your financial obligations by complying with a repayment plan under Chapter 13. Our experienced bankruptcy attorneys can help you determine which chapter is the best option based on the circumstances surrounding your financial situation.
Mortgage Foreclosure Defense Lawyer Offering Free Consultations in Sacramento
If you or a loved one is going through a difficult financial situation, our Sacramento mortgage foreclosure defense lawyers at The Bankruptcy Group may be able to help. Our experienced, skilled bankruptcy lawyers understand that losing your home to foreclosure after facing a financial burden is not an option. Let our knowledge and experience help you during this difficult time. To learn more about your case in a free, confidential consultation with one of our mortgage foreclosure defense attorneys, call our law offices today at 1-800-920-5351, or contact us online.