Welcome to our website. If you’ve come to this page it probably means you have received a letter in the mail from us. If that’s the case, you are probably faced with an upcoming foreclosure date on your home. We can help you.
If you are like most people who come in to see us they are stressed about their pending foreclosure date. Many have gone through the crazy process of trying to get a loan modification just to be given the run around and have the mortgage company tell they couldn’t help you at the last minute. You have probably been in your home for quite some time and the possibility of losing your home is stressful, to say the least.
How Can We Help?
If you have the necessary income you can file a Chapter 13 bankruptcy. A Chapter 13 bankruptcy is a repayment plan that allows you to pay back the amount you are past due on your house as well as your ongoing monthly mortgage payment. This is the most common way people who are faced with a foreclosure save their homes. However, if you are interested in a Chapter 13 bankruptcy you should act quickly. There are very tight timelines associated with when a bankruptcy has to be filed in order to save your home. You can learn more about a Chapter 13 bankruptcy by clicking on the blue link. You need to contact us before your foreclosure sale date if you are considering filing a Chapter 13 case to save your home.
What If You Don’t Have the Necessary Income?
Then other options may be worth looking at. You may not be able to save your house but you can be sure to wipe out the debt that is left on your house. What you don’t want to have happen is the mortgage company foreclose on your house and then sue you for the deficiency balance (the amount left on the mortgage after they auction it off). It is not uncommon for the deficiency balance to be $50,000 or more. Filing a Chapter 7 bankruptcy would wipe out the deficiency balance, credit cards, medical bills, most personal loans and other unsecured, non-priority debts.
The reality is, this can be a confusing process. That’s why we offer a free, no strings attached consultation. By contacting us we can schedule you an appointment so you can come in and learn about the different options you have and what the benefits and drawbacks are to each of the different options.
This Sounds Too Good To Be True, What’s the Catch?
There really isn’t a “catch.” The bankruptcy laws are federal laws that must be followed. The government knows that mortgage companies sometimes use improper tactics to try to foreclose on your home, so they have created laws to help people in your situation.
If I Had A Bunch Of Money I Wouldn’t Be Behind On My House, How Much Is All of This Going to Cost?
It really depends on the specifics of your situation. The more complicated your situation the more it tends to cost. If you have a pretty straightforward case then we can charge you much less. The bankruptcy courts have designated certain fees that we can’t change. The good news is we can have most of your fees (if you do a Chapter 13 bankruptcy) paid in your bankruptcy plan instead of having to be paid up front. When you come in for your consultation we will discuss in great detail the different fees, how they are paid and when they would have to be paid.
Ready To Get This Stressful Situation Behind You?
If so, contact us to set up that free consultation. You can either fill out the contact form on the right hand side of the screen or you can scroll all the way to the top of this page and see our telephone number in the top right hand side of the page. We will usually be able to get back in touch with you within a couple of hours.
Want To Save Some Money?
If you print off this page or the picture below and bring it to your free consultation with Duncan Law we will give you $50.00 off the attorney’s fees of the bankruptcy you file with our office.
