Keep Your House
Have you received threats of home foreclosure? Have you been sent a foreclosure letter that has a trustee sale date on it? These are serious threats. Your home is in jeopardy. You have to act now in order to stop foreclosure.
At the Law Offices of Phil Hineman, P.C., we are dedicated to helping you keep your house. With more than 28 years of experience on our side, we know that one of the most common debt relief options is often the most effective in fighting foreclosure. This option is bankruptcy.
How Does Bankruptcy Stop Foreclosure?
As soon as you file bankruptcy, an automatic stay goes into place. This sends a message to creditors that they must stop all actions against you, including foreclosure. Both Chapter 7 and Chapter 13 can stop foreclosure.
Of course, we understand that you do not simply want to prevent foreclosure. You want to make certain that you will be able to keep your home. As long as your payments are current, or you are able to catch up by the time of filing, you have a very good chance of keeping your house out of foreclosure.
Chapter 13 bankruptcy opens the door to an additional option that can help you catch up on your payments. This option is the second mortgage scrape off. If your home is currently worth less than the amount of the first mortgage, you may be able to
eliminate a second mortgage, if you have one.
This is a Time Sensitive Matter
All too often, people “put off” filing bankruptcy. This is understandable. Filing bankruptcy is a major decision. However, it may also be an inevitable one, as there are few other debt relief options that are as reliable. We encourage you to take action as soon as possible, so that no opportunities are missed.
In terms of stopping foreclosure, as long as you take action before the trustee sale date, you still have a chance. We encourage you to get in touch with our attorney as early as possible so that you can get the full benefit of our experienced representation.
Contact Us for a Free Consultation and Fast Action
Contact us to discuss your case with an experienced lawyer serving the Phoenix metro area and the surrounding areas of Arizona. You can be confident that we will move quickly to get you the results you need.