Fighting Foreclosure with Chapter 13
Chapter 13 Allows You to Keep Your Home
When people think of filing
bankruptcy, many associate losing your property and
repossessions with this legal action. The fact is though, that there is a bankruptcy
that allows you to keep your home, car and assets, while you pay off your debts.
Chapter 13 is also known as debt reorganization or wage-earners bankruptcy because
it gives individuals and spouses a way to create a court supervised payment
plan to address all or a portion of their debt. It is also a way that
people facing foreclosure can avoid losing their homes.
If you have fallen behind on your mortgage payments and are facing impending
foreclosure, your interests will be best served by speaking with a competent Westchester
County bankruptcy lawyer that is well versed in the laws and procedures
that pertain to
filing bankruptcy. If you meet the eligibility requirements, this may be a viable solution
in your current circumstances.
Bankruptcy Attorney in Westchester County
Managing your debt and keeping your home, car and possessions through the
application of Chapter 13 bankruptcy is often the best option for homeowners
that have a job and are able to make a monthly payment toward their debts.
At Bronson Law Offices, P.C., our seasoned bankruptcy attorneys will examine
the details of your financial situation to gauge whether or not this will
work in your circumstances.
Once you file your Chapter 13 bankruptcy petition, any creditors or lenders
that have are practicing the various methods that are used for debt collection,
or have lawsuits filed, must cease all activity. This means is that all
harassing phone calls, letters or other means that are being utilized to try and get you to
pay them will stop, which is one of the bigger reliefs for clients.
We have dedicated our professional lives to helping clients get relief
from the financial burdens that have taken over their lives. Our attorneys
understand the pressure that you are under to achieve a favorable outcome
in your financial matter and we will zealously protect your rights and
represent your interests from the beginning of your case until it is complete.
Contact a Westchester County bankruptcy attorney
now to find out how Chapter 13 can help you avoid foreclosure.