Have you lost your job, been injured or fallen ill? Many things in life can cause you to fall behind on your mortgage payments. However, falling behind does not mean you are going to lose everything. Many people today are attempting to get a mortgage loan modification. For some people this works, but for others it can be extremely difficult to achieve.
Did your loan modification not work out? Contact an experienced Salinas bankruptcy attorney at Central Coast Bankruptcy, Inc. Call 831-783-0260 or send us an e-mail.
Loan modifications and work-outs are very complex. The banks are difficult to deal with, and the process can be extremely long and stressful. Many people have been taken advantage of by predatory companies offering guaranteed loan modifications for expensive fees. Often we see clients coming into our office the day before their home is scheduled to be sold at auction, because their loan modification did not go through. At Central Coast Bankruptcy, Inc., we are not able to assist you with getting a loan modification, but we can help you understand the process and evaluate your options.
If a modification is not feasible, we will explore your bankruptcy options. You may be able to save your home through Chapter 13 bankruptcy. We advise that you come in for a consultation long before your home is scheduled to be sold at auction, even if you are trying to accomplish a loan modification, it could be a good idea to have bankruptcy as a backup plan. We can collect all of your information, and if you decide to file for bankruptcy, we will be ready if we need to stop the foreclosure quickly.
At Central Coast Bankruptcy, Inc., we have the power of the law on our side! We can invoke an "automatic stay" to stop foreclosure immediately!
The other powerful legal tool that we can utilize is the "lien strip", which means that, with a Chapter 13, we can often times eliminate your entire second mortgage or HELOC (home equity loan) if you are upside down in your home.
Find out whether you can save your home through a mortgage modification. Contact Central Coast Bankruptcy, Inc., at 1-831-783-0260 to speak with our experienced California bankruptcy lawyer Jason Vogelpohl.
30 E. San Joaquin St,
Suite 203G
Salinas, CA 93901
Phone:
831-783-0260
Fax: 831-585-1024
Disclaimer: Central Coast Bankruptcy, Inc., A Professional Law Corporation, is a federally designated DEBT RELIEF AGENCY. This law firm provides legal advice about filing for bankruptcy and represents people and small businesses in filing for bankruptcy relief under the US Bankruptcy Code. The information described on this website is for informational purposes only, and should not be considered legal advice or legal authority. Further, the provision of such information does not form an attorney-client relationship. As such, you should not act or rely on this information before seeking the advice of legal counsel.No testimonial or endorsement anywhere on this website constitutes a guarantee, warranty or prediction regarding the outcome of your legal matter. Until an attorney-client relationship has been formed, any communication made may not be privileged.his website and its contents are considered an advertisement under the regulations of the State Bar of California.
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