Some people are lucky enough to never deal with the possibility of home foreclosure or declaring bankruptcy at any point in their life. Realistically, it can become a necessary step on the way to securing a future of financial stability with the help of a debt counselor. If collection agencies and lenders are trying to make contact with you, it might not be too late to get help.
When couples and individuals are struggling to stretch each paycheck, one financial default can cause finances to quickly spiral out of control. Things get tough if the reality of losing expensive assets is becoming more real with each passing day. It is possible to alleviate the responsibility of payments you can no longer afford by declaring Chapter 7 bankruptcy, but all non-exempt assets must be given up. People with the ability to continue payments once consolidated can move forward with Chapter 13 bankruptcy to get the benefit of not losing any assets.
We can help in many ways including:
It’s almost impossible for a struggling company to recover from any amount of financial deficit without hiring an attorney to help. A Chapter 13 reorganization plan created by a court appointed trustee may be enough to turn things around in a positive light without the constant harassment of collection attempts. The only remaining option if this fails is to liquidate assets and put a permanent stop to all business operations with Chapter 7 bankruptcy.
Certain mortgage loan rates are intended to change over the course of time to accommodate the finances of the buyer. Unfortunately, many things can happen throughout the duration of the agreement and make it more difficult to keep up with payments. Most lenders are more than willing to work with a lawyer to figure out terms that suit financial changes if it means avoiding the complex foreclosure process.
We always recommend waiting to sign any real state agreements until a lawyer can read over the contract with you. Overlooking complicated terms could leave you agreeing to unsuitable conditions that could have been avoided. It never hurts to take any extra precautions when there are valuable assets at stake. Our lawyers also offer representation if there is ever a dispute involving property you are renting, buying, leasing, or selling.
We are always willing to help any new clients that take the initiative to contact us simply fill out this form or call 1-866-964-6529