A lender that is not receiving payments on time according to the loan agreement you signed has a right to reach out to you. You may feel overwhelmed trying to avoid their calls while fearing the possibility of wage garnishment, foreclosure, or repossession. Our bankruptcy attorneys offer debt relief solutions to individuals that are facing difficulties managing their budget so that it’s possible to achieve financial security.
We can help in many ways including:
Maintaining the payments on multiple loans might leave you feeling in over your head, with debt that is larger than your budget can accommodate. Although some assets may be considered exempt, filing Chapter 7 typically requires that you forfeit most or all of your valuable belongings to have the debts wiped clean. A period of difficulty as you work to get back on your feet can lead to a more prosperous future.
Not all bankruptcy solutions entail giving up everything of value to get lenders to stop calling. Chapter 13 may be the perfect solution if you have important assets that you would like to keep paying on at a lower rate. If the lenders are willing to negotiate extending the terms of your loans, you can maintain ownership without being harassed for payments that you cannot afford.
Any unexpected event that puts a burden on your personal finances can make it difficult to uphold your end of a mortgage agreement. If you act responsibly after a job loss, wage reduction, divorce, or other significant change in your life, it may be possible to negotiate a loan modification. Most lenders are more interested in helping borrowers than going through the hassle of foreclosing on the home, and our attorneys are here to help you through the process.
Contract terms are complicated and you should never agree to anything without an explanation. A real estate attorney is able to provide the details of any legal documentation so that you can buy, sell, or rent with confidence. Our professionals offer to draft new contracts, oversee the signing, settle disputes, and help both buyers and sellers reach an agreement that is mutually beneficial.
You can find our nearest location here and then give us a call to set up an appointment. The best chance you have at securing financial stability in your future is to take the initiative to seek our solutions today.