YOU HAVE MANY OPTIONS TO SAVE YOUR HOME. WE CAN HELP YOU KEEP IT SAFE!
Every year, tens of thousand of homeowners receive notice that their home is going into foreclosure. What does this mean? It means that you've fallen so far behind on mortgage payments, HOA payments and/or property taxes that the creditor wants to take their collateral (your house) to repay their debt. But for you, it means you could be left without your house, and precious equity. After the pandemic, forbearance plans are coming to an end, and that means many homeowners are facing the stark reality of losing something precious to them - their house! So what are your options?
Here's what mortgage companies won't tell you. Filing a Chapter 13 Bankruptcy will stop the mortgage company COLD. Chapter 13 Bankruptcy creates what is called an 'automatic stay' that prevents any collections actions from taking place. It forces the mortgage company to get paid over time. It stops your foreclosure sale and allows you a chance to get caught up over 36 to 60 months. We will get you caught up on what you're behind through a separate payment plan. Is your mortgage payment too high? You can attempt to qualify for a loan modification and get a mortgage relief, all while safely and securely residing in your home for months. Have other debt issues? Chapter 13 will often pay as little as 0% back to your unsecured creditors, like credit cards, medical bills. It can resolve tax debt, HOA arrearages, property taxes, and even lower your vehicle payment. If you owe more than just your house payment, it's a great way to have one payment for all of your debt issues.
Chapter 13 stops:
- Mortgage foreclosure sales.
- Homeowners association foreclosure sales.
- Tax foreclosure sales.
- Judgment lien foreclosure sales.
- Property tax foreclosure and forfeiture proceedings.
In addition, it stops:
- Collections calls and letters.
- Garnishments.
- Lawsuits against you.
- Repossessions.
Contact us today at 248-719-5663 or fill out the form below - every moment counts!
Here's what mortgage companies won't tell you. Filing a Chapter 13 Bankruptcy will stop the mortgage company COLD. Chapter 13 Bankruptcy creates what is called an 'automatic stay' that prevents any collections actions from taking place. It forces the mortgage company to get paid over time. It stops your foreclosure sale and allows you a chance to get caught up over 36 to 60 months. We will get you caught up on what you're behind through a separate payment plan. Is your mortgage payment too high? You can attempt to qualify for a loan modification and get a mortgage relief, all while safely and securely residing in your home for months. Have other debt issues? Chapter 13 will often pay as little as 0% back to your unsecured creditors, like credit cards, medical bills. It can resolve tax debt, HOA arrearages, property taxes, and even lower your vehicle payment. If you owe more than just your house payment, it's a great way to have one payment for all of your debt issues.
Chapter 13 stops:
- Mortgage foreclosure sales.
- Homeowners association foreclosure sales.
- Tax foreclosure sales.
- Judgment lien foreclosure sales.
- Property tax foreclosure and forfeiture proceedings.
In addition, it stops:
- Collections calls and letters.
- Garnishments.
- Lawsuits against you.
- Repossessions.
Contact us today at 248-719-5663 or fill out the form below - every moment counts!
