Stopping the Foreclosure Process
Received a Notice of Foreclosure? Call a Southaven Bankruptcy Lawyer
When a debtor has fallen behind on mortgage payments, the bank or mortgage
company may decide to take back the property through a process known as
foreclosure. This will typically happen after the payments have been behind
for three months or more. If you have been served with a Notice of Foreclosure
and want to remain in your home, the only way to stop this process is
to work out an agreement with the lending institution to either bring
the mortgage current or refinance it.
Are you facing foreclosure? Call our Southaven bankruptcy attorney now
at (662) 332-0202!
How an Experienced Southaven Bankruptcy Attorney Can Help You
Preventing foreclosure and getting approved for refinancing can be a very
difficult and frustrating task. Few people know that they even have this
option, much less where to begin. When this happens to you, having an
experienced Southaven bankruptcy lawyer to consult with, assess your specific
situation, and come up with an effective and quick solution is probably
your best option. Our team at Boyd Law Office has nearly 35 years of experience,
and has helped countless clients throughout Northwest Mississippi fight
Some of the most effective solutions for stopping the foreclosure process include:
- Filing for Chapter 13 bankruptcy before the foreclosure sale, as this usually
leads to an "Automatic Stay"
- Short sales
- Loan modifications
- Deed in lieu of foreclosure
An In-Depth Knowledge of Foreclosure Laws & How to Fight the Process
It is important to understand that you do have options moving forward,
even when the foreclosure process has already begun. When the very home
that shelters you and your family is on the line, having a knowledgeable
and trustworthy Southaven bankruptcy attorney assisting you can make all
the difference. We have an in-depth knowledge of the complex laws involved
with foreclosure, how they apply to your situation, and how to use them
to your advantage when fighting the process.