Avoid Home Foreclosure Through Bankruptcy
If you are deeply in debt, one of your greatest concerns may be how to protect your house from foreclosure. You don’t want to tell your children that they need to leave their home. You don’t want to have to rent an apartment or move in with a family member.
I understand. I am lawyer Wilson C. Pasley, and I can offer hope in this difficult situation. From my Roanoke office, I help homeowners throughout the surrounding areas of Virginia take advantage of their legal right to file bankruptcy.
If you file Chapter 13 bankruptcy, it will put a temporary stop to any foreclosure proceedings against you. It will also allow you to create a repayment plan to deal with your mortgage arrears over a three- to five-year period.
Is Filing Bankruptcy The Only Way To Save My Home?
Bankruptcy is not the only potential way to avoid foreclosure. I can discuss all the available options with you, including the possibility of a:
- Loan modification — Obtaining a lower interest rate, which would decrease your monthly payments
- Short sale — Selling the property at a loss, if your lender is willing to accept less than you owe on the mortgage
- Forbearance agreement — Negotiating with your lender to reduce or suspend payments
Call Or Email Me, Attorney Wilson C. Pasley, To Learn More
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.