Protecting Your Home From Foreclosure Through Bankruptcy
One of the worst consequences of the recession and the slow recovery is that many Florida residents lost their homes to foreclosure. When you lose your job, go through an emergency or experience a sudden increase in your monthly payment, it is easy to fall behind on your mortgage. At Blanton Law, P.A., we can help you determine the best course of action for keeping your home and getting back on your feet.
If you are falling behind on your payments and are worrying about becoming the latest foreclosure victim, it is important to consult with a lawyer who knows how to make the law work for you. We have helped people in Sarasota County and Manatee County file for bankruptcy to stop foreclosure, and we have gotten loan modifications or stripped the value of a second mortgage for borrowers who owed more on their mortgages than their homes were worth.
Knowledgeable Foreclosure Defense Attorney Serving Venice, Bradenton And Beyond
Many people are under the impression that if they file for bankruptcy, they will lose their homes. This is not true. In fact, it may be possible to protect your home through bankruptcy, depending on your situation. If you have fallen behind on your mortgage payments, filing for Chapter 13 bankruptcy will immediately stop any foreclosure actions. If you qualify, a Chapter 13 bankruptcy will allow you to keep making payments while slowly making up the back payments you owe.
You need to file for bankruptcy before your lender sells your home if you want to keep it. That is why it is important to work with an experienced attorney who knows bankruptcy law.
Additionally, if you want to keep your house and continue to pay what you owe on the mortgage in a Chapter 7 bankruptcy, we can help you reaffirm the debt with your lender.
We Can Help You Stay In Your House. Call Us To Schedule A Free Consultation.
Contact Blanton Law, P.A., to schedule a free initial consultation about whether bankruptcy is a good way to protect your home from foreclosure. We will answer all of your questions and set the record straight about any misconceptions you might have. Call our offices in Venice and Bradenton, Florida, at 941-584-4263 or contact us online.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.