Can I Stop Foreclosure and Save My Home?
Consumer Bankruptcy Lawyers — Boston, Massachusetts
Can you stop foreclosure and save your home? The answer to that question will depend on a number of things. However, if you can get to an attorney before the foreclosure actually occurs, you stand a good chance of being able to stop the foreclosure. Even so — the sooner you talk to an attorney, the better those chances will be.
Contact our Boston, Massachusetts, law offices today and talk to an experienced bankruptcy attorney about saving your home.
At the Law Offices of Richard N. Gottlieb, we stop foreclosure proceedings and we save people's homes in the Boston area and throughout the Commonwealth of Massachusetts. Our attorneys will help you understand and evaluate your options. In most cases, Chapter 7 bankruptcy is not one of these. Another option is refinancing. If you are less than 90 days behind on your mortgage payments, have significant equity or own a multifamily dwelling — you may be able to use the equity to stop foreclosure on the home. A third option is the "cram-down." If you have the assets available to do it and you owe more on your home than it is worth, a cram-down will allow you to pay the actual value of the home in full rather than the amount you owe. If you are more than 90 days behind, do not have much equity in the home and cannot do a cram-down — then Chapter 13 will likely be your best option. In a Chapter 13 bankruptcy, you will be able to make up those missing payments over a three- to five-year period. Contact the Law Offices of Richard N. Gottlieb for help to prevent foreclosure on your home.
Skeletal Filings: Bankruptcy's E.R.
Although we don't recommend that you wait until the last minute, we have even been able to help people stop foreclosure when the threat is immediate … immediate as in that same day. This can be accomplished through a skeletal filing.
Skeletal filings are to bankruptcy what emergency rooms are to medicine. Our attorneys can set you up with the required counseling that bankruptcy requires. This can be done online, from our office, through the Institute for Financial Literacy (IFL). We'll then compile the list of your creditors, identify the forecloser, contact and apprise them of your filing, and file the petition.
Help is Here. Hope is Here.
Call 617-830-1389 for a Free, "Debt-Free" Consultation
Call us in Boston, Massachusetts, or contact us online for a free initial consultation with an attorney. Office hours: Monday through Friday from 9 a.m. to 5 p.m. and by appointment. Cancellations and reschedules require a 24-hour notice or a $25 fee will apply.
