Can You Stop Home Foreclosure?
Are you running late with mortgage payments?
Is the bank threatening foreclosure?
Have foreclosure proceedings already begun?
Don't lose your home without fighting to keep your property. Depending on your specific financial situation, it may be possible to keep the bank from beginning or following through with foreclosure proceedings.
If you are several months behind on your mortgage payments, your bank or finance company may begin foreclosure proceedings. In a foreclosure, the bank will sell your house to pay the mortgage, but you will still be responsible for any mortgage amount that remains after the sale.
However, if you file for Chapter 13 bankruptcy, you may be able to take back control of your mortgage payments and keep your home. With a Chapter 13 bankruptcy, the court will develop a payment plan for you to pay off outstanding debts, including your mortgage, over a five-year period.
Mooney McGinn LLP
Offices in Cambridge and Danvers, Massachusetts
Cambridge 617-245-8080 | Danvers 978-767-4221
E-Mail
At Mooney McGinn LLP, our legal practice focuses on providing sophisticated financial and legal advice to our individual and business clients. If you are in trouble with your mortgage, or even if you are facing a sheriff's sale, contact us immediately. Our attorneys can conduct an immediate review of your financial circumstances and give you a concise and thorough analysis of your best options to stop foreclosure proceedings and recover your financial health as quickly as possible.
Contact Mooney McGinn LLP
Mooney McGinn LLP has two Massachusetts offices to serve our clients - in Danvers and in Cambridge. We offer an initial phone consultation to all new clients.
Call our attorneys in Cambridge at 617-245-8080, in Danvers at 978-767-4221, or contact us by e-mail via the Contact Us page.
