Behind on payments?

If you have fallen behind on your car payments, mortgage or both, you may still be able to save your home. There are options available. Protect your home and car by learning your options at our bankruptcy law firm in Salinas. At Central Coast Bankruptcy, Inc., we help people just like you find debt relief options.

Are you struggling financially? Contact experienced Salinas bankruptcy attorney Jason Vogelpohl at Central Coast Bankruptcy, Inc. Call 
831-783-0260 or send us an e-mail.

Keeping Your House and Car Through Chapter 7 Bankruptcy

In Chapter 7 bankruptcy, if you have a car loan or lease, you can keep your car, but you must continue making your regular monthly payments. If you have a home with a mortgage, you can keep your home but must continue making your regular monthly mortgage payment. If you are behind on your car payments or mortgage payments, you must bring the loan current, or you will lose your car or home, and a Chapter 7 will not help you with the problem.

Keeping Your House and Car Through Chapter 13 Bankruptcy

In a Chapter 13 bankruptcy, you can include your car loans and home loan arrears (unpaid payments) in your debt repayment plan. This reorganization allows you to condense the amount you have defaulted into a low monthly payment, keeping you in your home. You may also be able to save your home through a mortgage modification.

Contact an Experienced Monterey Peninsula Bankruptcy Attorney

Learn about mortgage loan modification, lien stripping and other ways to help save your home. Contact Central Coast Bankruptcy, Inc., at 1-831-783-0260 to speak with our experienced California bankruptcy lawyer Jason Vogelpohl.

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