Pasadena Bankruptcy Court Attorney
The thought of losing the home that you worked so hard for can be demoralizing. Fortunately, it may be possible to stop the foreclosure. Saving your home and obtaining debt relief through bankruptcy may be the best option for you. If you have skipped a mortgage payment or are juggling your bills, you should speak with a bankruptcy attorney as soon as possible. The longer you wait, the more difficult it can be to resolve your problems.
I am Phillip Myer, and with more than 30 years of experience as a Pasadena bankruptcy lawyer, I am ready to do all I can to help you prevent foreclosure. When you come to my office, I will give you an honest, straightforward assessment of your financial situation. If needed, I can help you file an emergency bankruptcy to stop foreclosure and also stop creditor harassment, buying you time to decide what steps to take next.
To arrange a free initial consultation, please call me at 626-389-8575 or toll free at 888-368-8941. You can also contact my law firm online.
Preventing Foreclosure Through Bankruptcy
Depending on your specific financial situation, there are different forms of bankruptcy that may be appropriate for you. I will walk you through the requirements for each type and help you choose the right option.
Chapter 7 bankruptcy: If you are current on your mortgage payments and your home is not worth much more than what you owe on your mortgage, you may be able to file a Chapter 7 bankruptcy and keep your home. If you are facing foreclosure and can no longer afford to maintain payments on your home, filing a Chapter 7 prior to the foreclosure sale will avoid a foreclosure listing on your credit and eliminate any debt or obligation resulting from the foreclosure. I will help you determine if you qualify for Chapter 7 by using the means test.
Chapter 13 bankruptcy: If you are behind on your mortgage, you may be able keep your home by filing a Chapter 13 bankruptcy, which allows you to resume monthly mortgage payments and pay the missed payments over time. Filing Chapter 13 will immediately stop the foreclosure sale and initiate repayment terms. The missed payments will be spread out over a 36 to 60-month period at 0 percent interest. Other bills, such as credit card debt, medical bills and personal loans can be deferred until you are caught up on the home mortgage.
The other advantage of Chapter 13 bankruptcy is that the court can often eliminate any mortgages on the home beyond the first mortgage. Whatever your needs, I will guide you through the process from beginning to end.
Contact a Los Angeles County Bankruptcy Attorney
To schedule a free consultation to discuss your unique situation, please call 626-389-8575 or toll free 888-368-8941. You can also contact my law firm online. I serve clients throughout Southern California.
Pursuant to 11 U.S.C. section 528(a)(4) of the bankruptcy code, we are required to state: we are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
