Panic sets in the moment anyone is served with a notice of foreclosure. Late house payments and an inability to resolve them satisfactorily have reached a point where a homeowner feels that there is no return. At Reed Law Firm, P.A., we want you to know that the notice does not equal immediate eviction from your home. We help clients throughout South Carolina save their homes by asserting their rights to a bankruptcy filing.
Will I Lose My House if I File for Bankruptcy?
Filing for bankruptcy halts foreclosure proceedings, which gives you and your attorney time to negotiate with the lender. In most cases, we are able to get your mortgage on a payment plan or to negotiate a forgiveness of part or all of the owed mortgage debt, along with a lower interest rate on future payments.
You Can Keep Your Family Home in a Bankruptcy Filing
Our clients range from those who are current on their house payments to those who are already in foreclosure. If you are current on the house but need help with other debts, we can do that without causing you to lose your home. On the other hand, if you are in foreclosure, we can stop it with a bankruptcy filing.
Few events bring more uncertainty than the possible loss of your house. Know that time is of the essence in stopping foreclosure proceedings. The objective is to prevent an auction of the home. A timely Chapter 13 bankruptcy filing prior to that final step brings an end to the process. It forces the bank to stop the foreclosure proceedings while we work out an arrangement to save your home.
Advocacy and Compassion in Providing Hope for the Future
Take action immediately after receiving a notice of foreclosure. All we do at our law firm is help our clients who are in need of bankruptcy protection. That focus has provided our attorneys with experience, growing knowledge and a unique insight into how the courts handle bankruptcies that stop home foreclosure. In addition, clients do not need to fear judgment. We provide compassionate support and a sense of hope during financially trying times.
Learn More About Ways to Save Your Home:
For more information on how to keep your house or to schedule an appointment with an experienced bankruptcy lawyer, please contact us.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.