Monterey Peninsula Foreclosure Prevention Lawyer

Salinas Foreclosure Prevention Lawyer

Are you afraid you are going to lose your home? Has your lender threatened foreclosure? Stopping foreclosure is possible through bankruptcy. If you want to stay in your home, but financial problems have caused you to miss mortgage payments, contact Central Coast Bankruptcy, Inc., a law firm in Salinas, California, that focuses entirely on debt relief options. We want to help you save your house.

Are you scared you are going to lose your house? Contact an experienced Salinas foreclosure prevention attorney at Central Coast Bankruptcy, Inc. Call 831-783-0260 or send us an e-mail. Your initial consultation is always free!

Can I Use Bankruptcy to Stop a Home Foreclosure

Yes. If you have missed mortgage payments or were not able to pay off an expired balloon payment, the foreclosure process can be initiated by the lender. A Chapter 13 bankruptcy allows you to place an immediate stop to the foreclosure process called an "automatic stay." The automatic stay requires your creditors to stop their collection activities immediately. If your home is scheduled for a foreclosure sale, the sale will be legally postponed while the bankruptcy is pending — typically for at least three to four months.

If you are able to continue making your mortgage payments, a Chapter 13 allows you to make up your missed payments over several years. Even if you cannot resume your mortgage payments, a Chapter 13 may allow you sufficient time to sell your home and at least gain the equity in cash that otherwise would be lost in a foreclosure.

Please do not wait until your home is about to be sold at auction on the courthouse steps, call us today for a FREE consultation and see how we can help you keep your home.

Contact an Experienced Monterey Bankruptcy Attorney

Find out whether you can save your home through bankruptcy. Contact Central Coast Bankruptcy, Inc., at 1-831-783-0260 to speak with our experienced California bankruptcy lawyer Jason Vogelpohl.

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