If you have already received a notice of foreclosure, or believe you may be facing foreclosure in the near future, it is not too late to prevent it. It is vitally important to talk to a Salt Lake City experienced bankruptcy attorney who is familiar with the process and can take immediate action to save your home or investment property.
Filing either a Chapter 7 bankruptcy of a Chapter 13 bankruptcy immediately starts a relief period known as the automatic stay. This stops lawsuits, wage garnishments, and most importantly—foreclosure for the duration of the automatic stay period. Even if your home is scheduled to be sold at auction already, the filing of a bankruptcy and the automatic stay immediately stops the foreclosure sale for 2-3 months.
From offices in West Jordan, Utah, Law Offices of Ryan E. Simpson, P.C. can help individuals and families throughout Utah stop foreclosure and seek real relief from overwhelming debt through bankruptcy. To discuss your case and schedule a free consultation, contact us at (801) 432-8682 or email.
Chapter 7 or Chapter 13 Bankruptcy Can Stop Foreclosure in Its Tracks
Is keeping your house necessarily the best thing for your family? And is bankruptcy necessarily the best option? There are some practical considerations when determining whether it is better in the long run to stop a foreclosure by filing for bankruptcy or to allow a foreclosure to proceed:
For many of our clients, family considerations such as keeping their children enrolled in the school district is a primary reason to fight a foreclosure. We can help you understand your rights and practical options in keeping your home in bankruptcy, if possible, or in pursuing another avenue that can help you achieve your goals.
Your notice of foreclosure will not go away on its own. No matter where you are in Utah, call us at (801) 432-8682 to schedule a free consultation today. Even if your foreclosure is hours away, we can still help.
Let Law Offices of Ryan E. Simpson, P.C. fight to keep you in your home. Contact us today for a free consultation!