Foreclosure in Lake Worth is avoidable with the right legal counsel. Among the most common option you have to prevent a foreclosure is to file for bankruptcy. Through this process you are able to include your home and automobile and prevent the banks from seizing your property due to late payments. This claim will additionally provide debt-relief and prevent bill collectors from taking legal action against you.
Why Bankruptcy?
A bankruptcy claim enables you to include all of your debts into one consolidated option. You are allowed to pay the included debts over time by submitting one monthly payment to the court. Your attorney can review your debts to determine which are eligible for inclusion in this claim and enable you to prevent additional litigation by your creditors.
Discharge of Debt
In some cases, select debts are discharged. Your attorney can advise you of which debts are eligible for discharge. However, the judge will have the final say on this option. It is possible that any credit card debts you have that are already charged off will be discharged through your bankruptcy. In some circumstances, the debts but possess a low balance.
Foreclosure Assistance
The Law Offices of Sean I. Koplow will present you with legal assistance to prevent the foreclosure of your property. These skilled attorneys are family with all forms of bankruptcy that will enable you to include your home and automobiles into this claim and prevent seizure. These attorneys are also familiar with loan modification services which may additionally provide assistance. If you require a bankruptcy attorney, you may contact this law office immediately to schedule an appointment.
Summary
Foreclosure in Lake Worth is a legal process in which your mortgage lender takes possession of your property after you default on the mortgage. In order to default on your mortgage you must be at least ninety days behind on your house payments. If you have lost your job or need assistance due to other circumstances, your preferred attorney can assist you in filing a claim. To begin the bankruptcy process and stop foreclosure, you should contact your preferred attorney immediately.
