Foreclosure in Bankruptcy — San Francisco Home Foreclosure Attorney
Signing a mortgage note is making a big commitment and taking a big risk. No one can predict the future, or be assured of a continuous job for the next 30 years.
But your mortgage company has a legal right to foreclose on the property if you get behind on your monthly payments. It doesn't serve anyone's interest for them to do so at this point. Mortgage companies already own many, many homes on which they have foreclosed. They are now trying to sell them and recoup what they were expecting in steady payments.
If they do take your home, you want to know what else awaits you — fees? Will they come after you for the amount you "owed" remaining on the mortgage? Speak to us about your options, how to avoid foreclosure, and what may happen in the process to come.
Options
- In some cases, a loan modification can make the home affordable, and satisfy the bank that they are minimizing their losses.
- Filing bankruptcy under either Chapter 7 or Chapter 13 places an automatic stay on foreclosure and debt collection efforts. If you have an income and can reorganize debts in a Chapter 13 bankruptcy payment plan, you may be able to make mortgage payments and keep the home after your bankruptcy filing.
San Francisco Home Foreclosure and Bankruptcy Attorney
Our attorneys have been helping people like you since 1994. To talk to a California lawyer at The Epstein Group about your legal concern, call 415-230-0781 or toll-free 888-336-4955 or complete the contact form on this website. There is no charge for your initial consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
Member of National Association of Consumer Bankruptcy Attorneys
