It is the right of a lender to pursue past due payments and take action to collect their property if necessary. It doesn’t make sense to live in fear or repossession, foreclosure, or garnished wages as a result of financial problems you cannot fix. Debt relief solutions provided by our bankruptcy attorneys are intended to help struggling individuals gain the upper hand in their financial future.
We can help in many ways including:
Anyone that has a steady income should be able to create a budget for their expenses, including payments on loan accounts. It’s never a good idea to start new accounts just to settle old debts because eventually you will have nowhere left to turn. If it’s not possible to get on track and you’re struggling just to make the minimum payments, Chapter 7 bankruptcy can wipe all of the accounts clean.
People that are not comfortable with Chapter 7 because there is the chance of being forced to give up their vehicle, and other expensive assets may have the option of Chapter 13 bankruptcy. Existing loans would still have to be repaid, but the lenders would agree to extend their terms to lower the monthly payments. As long as it suits your personal budget, this will put a stop to collection attempts and harassing phone calls throughout the duration of the contracts.
A strain on personal finances due to unexpected circumstances is difficult to overcome, especially if you’re trying to keep up with expensive mortgage payments. Don’t let a job loss, divorce, or other unforeseen expense cause you to lose your home to foreclosure. Our attorney can negotiate with the home loan lender to potentially reach a new loan modification agreement that is beneficial to both parties.
Transactions involving property are fairly detailed and complicated, especially when it comes to the written contract. Real estate attorneys are knowledgeable about these agreements and can help explain the terms before you ever sign anything. We offer to draft contracts, oversee the signing process, finalize the transaction, and take care of any other tasks associated with property transactions. You deserve to have the peace of mind that you will not be taken advantage of if it ever comes down to a dispute.
One of the most important things you can accomplish in your life is to have financial stability, even if things get tough. Our locations are listed here so that you can easily reach out to us by calling or filling out the contact form.