The sudden loss of a job, the death of a spouse or unexpected medical expenses can send even the most carefully planned budget into a tailspin. If this has happened to you, the phone has become your enemy. Collection agents seem to be the only people who call you and you may be facing threats of wage garnishment or bank account levies. There may be a way for you to get back on your financial feet and start fresh with just a simple phone call to us.
Under Chapter 7 bankruptcy, you may be able to eliminate your debts and start fresh financially. If you have limited or no income, it is often the best option.
There have been many changes to who may file for Chapter 7 over the past few years. Although you may lose some of your assets, the law protects certain items, such as your home, your vehicle, household items and tools you use for your job. Contact us today to learn if Chapter 7 is right for you.
If you have a steady income, Chapter 13 bankruptcy may be a better option for you. Under Chapter 13, your debts are reorganized through a plan with your creditors.
Often, creditors will reduce your interest rates, lower payments or eliminate debt completely so that your monthly payment amounts are more manageable and paid over a three to five-year period. You may even be able to include past due mortgage payments or child support arrears in your payment plan as long as you can keep them current throughout the payment plan.
Our bankruptcy attorneys can review your circumstances to determine if Chapter 13 is right for you.
When your mortgage is past due, you may be afraid that you could lose your home. Your lender may be threatening foreclosure and you may not know where to turn.
We can work with your lender in an attempt to modify your loan terms so that your payments are lower and more manageable. Getting a loan modification can be complicated and difficult so it is important to work with a qualified attorney in order to get the right terms for you.
Even the simplest real estate transaction can be complicated which is why you should discuss the entire process with real estate attorneys before signing any documents.
Promissory notes, deeds of trust and other real estate documents are not easy to understand, but our attorneys can explain why they are needed and what they are designed to do.
We have extensive real estate law experience and will fight for your rights in the transaction, not the other party’s.
If you or a loved one are experiencing financial difficulty or are facing possible mortgage foreclosure, contact us today to learn if bankruptcy or modification of a mortgage loan is right for you. We can even help you with any type of real estate transaction to be sure your rights are protected. Contact us through our website or give us a call today.