Jennings Mortgage Foreclosure Defense Lawyers Working for You
The subprime mortgage crisis has hit all corners of the country, including your own community. Many homeowners are struggling to make their mortgage payments after gaining approval for loans they could not afford. If you are faced with the threat of home foreclosure, you are not alone. Obtain experienced legal help to explore all of your options before too much time passes.
At the Louisiana law firm of Galloway Jefcoat, L.L.P., we understand you have put a lot of time and money into your home. We offer skilled advocacy and experienced legal counsel to help address your foreclosure concerns. Since 1996, we have helped individuals just like you obtain a fresh financial start. We will work with you to determine if filing for consumer bankruptcy would help stop foreclosure proceedings. Contact our law firm today to schedule a consultation with an experienced Lafayette foreclosure defense lawyer.
Offering Legal Services in Consumer Bankruptcy to Help You Keep Your Home
Our firm's bankruptcy attorneys have extensive experience working with clients unable to make their mortgage payments. We understand the emotional toll of trying to make ends meet with the threat of home foreclosure looming. If this is similar to your situation, you have no reason to feel ashamed. Homeowners across the nation feel trapped, unclear of any solutions.
At the law firm of Galloway Jefcoat, L.L.P, we want you to know that you do have options. One way to possibly save your house is through Chapter 13 bankruptcy. This is a realistic option if a foreclosure sheriff's sale has already been scheduled and you have sufficient income. After filing for Chapter 13 bankruptcy, an order is issued by the federal court that stops the mortgage company from proceeding with the foreclosure action. You will then be responsible to start making your monthly mortgage payments, but your back payments will be handled by a bankruptcy trustee. This will be covered in a repayment plan that we will create with the trustee based on realistic parameters.
If Chapter 13 bankruptcy is not the right solution for you, we can help you temporally stop a foreclosure through Chapter 7 bankruptcy. This form of consumer bankruptcy will buy you three to six months to get your financial affairs in order and discharge your debts, before you will be expected to get back on track with your mortgage payments. Chapter 7 bankruptcy can also be valuable if your home was sold in a traditional sale or a sheriff's sale, but you owe money on the balance of the loan. This balance can be discharged through Chapter 7 bankruptcy.
Contact Our Louisiana Bankruptcy Law Firm Today
If you are faced with the threat of home foreclosure, bankruptcy protection may be the right decision for you. Contact us at Galloway Jefcoat, L.L.P., to speak with a bankruptcy attorney and learn more about the benefits of bankruptcy. Call us to schedule a free initial consultation at our office in Lafayette, Louisiana, at 337-205-7085 or toll free at 888-537-1490. Se habla español.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
