Stop Foreclosure with a Bankruptcy Attorney in FlorissantLeave a Comment
There are few things more chilling than the prospect of losing your home and the roof over your head. But even if you cannot make the payments, being forced out by a bank or lender does not have to be a certainty. You can fight back, and Stop Foreclosure with a Bankruptcy Attorney in Florissant.
There are several ways that an experienced attorney can help you stay in your home. For starters, foreclosures can be challenged in court. An attorney can review your case, examine how your lender has handled the situation, and determine if there are grounds for just such a challenge.
Bankruptcy is another option. While most people think of bankruptcy as the sale of assets, that is not always the case. Moreover, many bankruptcies halt collection efforts by creditors and lenders while the court sorts through the case and decides how to proceed — and that includes foreclosures.
Of course, bankruptcy is not something to take lightly, and there will be much to learn before you take such a step. But, it can be a path toward keeping your home and a securing a new financial future. A professional bankruptcy attorney can help you sort it out and take steps in ensure the best outcome possible.
Your attorney can educate you on Chapter 7 bankruptcy, which is the type in which assets are sold and debts are eliminated, or Chapter 13, which is more like a reorganization, and often involves a payment plan. Both can have a substantial impact on any pending foreclosure proceedings.
Of course, every case is different and it is impossible to know your situation until you consult an attorney, who can provide you with a menu of options on how to proceed. When ready to get proactive, take charge of your finances and Stop Foreclosure with a Bankruptcy Attorney in Florissant, call the legal professionals at Teague & Associates, LLC at (636) 244-5277 for a consultation today.