If you are at risk of losing your home in Ukiah to foreclosure call our attorney today at (707) 362-4166. Our Ukiah bankruptcy attorney can file an emergency petition and immediately stop the Trustee’s sale. Through chapter 13 bankruptcy you can repay delinquent mortgage payments over 3 to 5 years and bring yourself current on your home mortgage. In short, our attorney can save your home from foreclosure through chapter 13 bankruptcy.
Why You Should Consider Chapter 13 Bankruptcy
You may not have been considering bankruptcy, but chapter 13 bankruptcy is often the best way to save a home from foreclosure. Section 362(a) of Title 11 of the United States Code states that foreclosure proceedings must stop as soon as a bankruptcy petition is filed. What that means is that once a chapter 13 bankruptcy petition is electronically filed any scheduled Trustee’s sale cannot continue. For example, if our attorney files your bankruptcy petition on Monday, the Trustee’s sale scheduled for Tuesday must be canceled.
Chapter 13 bankruptcy can also bring you out of default. Only through a chapter 13 repayment plan can you force your lender to accept a 3 to 5 year repayment plan in which you repay delinquent mortgage payments. Once completed, you will no longer be in default on your home mortgage, and thereby no longer at risk of foreclosure.
Stop The Foreclosure Process Today
To stop foreclosure call our Santa Rosa foreclosure lawyer today at (707) 362-4166. We can draft an emergency bankruptcy petition and notify the Trustee once your petition has been filed.