Stopping Foreclosures:
Our Office will Stop a Foreclosure, Guaranteed. We will do it by filing for Bankruptcy Protection. Since we file Electronically from our office, the effect is immediate. Even if you have a foreclosure sale set for tomorrow, we can stop it, by filing for Bankruptcy protection.
This will buy you time, to continue with a Loan Modification request, or come up with other options. It will also eliminate any Tax liability on a 2nd mortgage, that you may incur with a foreclosure. This can all be accomplished with a Chapter 7 Bankruptcy. Additionally, it will eliminate your unsecured debt and leave you debt Free in the process.
Another option, is to file under Chapter 13. This will let you pay back any missed payments, over a period of time, and at 0% interest. You can even "Strip Off" 2nd mortgages, if your house is worth less than what you owe on the 1st mortgage. This is real "Principal Reduction". Imagine, having a $150,000.00 2nd, that can be eliminated in a Chapter 13 Bankruptcy.
Call us for a Free Evaluation of your situation. Our consultations are always Free.