A Lawyer to Help You Stop Foreclosure and Repossession
Is your home or car lender calling you and hounding you because you are behind on your payments? Have you received a notice of default from your lender? Has a sheriff's sale been scheduled, where your house is about to be sold from underneath your family? If so, we may be able to help.
Filing for Chapter 13 bankruptcy immediately stops foreclosure and repossession and may allow you to come up with a long-term plan to keep your home and vehicle. To learn more, contact us to schedule a free 30-minute consultation with experienced bankruptcy lawyer James A. Pixton at one of our convenient offices in Oakland, Alameda and Modesto, California.
Taking Steps to Save Your House and Car
There are several ways that filing for Chapter 13 bankruptcy can help you stop foreclosure and repossession.
- The moment you file for bankruptcy, you are protected from the immediate threat of foreclosure or repossession. If a sheriff's sale has already been scheduled, it will be cancelled. This gives you time and breathing room, protecting your house and car during the bankruptcy process.
- The Chapter 13 payment plan will allow you to catch up with late payments on your home or car over the course of three to five years. If you are able to keep up with the payment schedule, you will emerge from the payment plan process caught up on your loans.
- Certain home and car loans can be partially or totally eliminated in a Chapter 13 bankruptcy. These include second mortgages where your home is worth less than what you owe on your first mortgage, as well as car loans beyond a certain age.
If you are being threatened with a sheriff's sale, we can file an emergency bankruptcy to stop foreclosure and save your home while you come up with a long-term plan.
A Skilled Assessment of Your Personal Situation
Whether you are able to stop foreclosure and repossession by filing for bankruptcy depends on your individual circumstances, particularly your ability to keep up with future payments once you are caught up with your late payments. Contact us to discuss your options with attorney James A. Pixton in a free 30-minute consultation.
