Stop Foreclosure With Georgia Chapter 13 Bankruptcy

We have all been reading about the massive wave of mortgage foreclosures that has been sweeping through the state of Georgia and the rest of the country.  Distressed homeowners are looking for ways to manage their debt and retain ownership of their homes, and Georgia Chapter 13 bankruptcy is a viable solution for many people.

When a Georgia or Atlanta bankruptcy lawyer files a Chapter 13 bankruptcy in your behalf, something called an “automatic stay” goes into effect.  When the court issues this “stay,” your mortgage company must immediately halt its foreclosure efforts.  Your attorney will then work with you to analyze your financial situation and devise a payment plan that will be presented to the court and to your creditors.

Georgia Chapter 13 bankruptcy law allows the consumer to repay the past due debt in affordable monthly payments over a three to five year period.  Experienced, savvy GA bankruptcy attorneys can often negotiate this sum down to as low as pennies on the dollar.  You do have to keep your regular payments current while you are paying this past due balance.  But as long as you do so, the foreclosure cannot go forward and you keep your house.

People work very hard over many years to earn enough money to buy a home, and clearly, you have to have shown a responsible repayment pattern to have qualified for a mortgage in the first place.  Unforeseen circumstances that disrupt income are usually the causes of foreclosure, so there is no reason to feel uncomfortable about approaching a GA bankruptcy lawyer to help you work within the law to retain ownership of your property.

Community bankruptcy attorneys like the team at Law Firm believe in treating their clients with the utmost in courtesy and respect.  Their only aim is to advocate your interests and help you keep your home.  Georgia Chapter 13 bankruptcy laws are in place to protect consumers and provide a reorganization path that enables people to stay in their homes and get back on their feet.  The bankruptcy specialists at Law Firm understand these laws inside and out and they are very familiar with the local courts.  They are focused, they are experienced, and they are motivated by a sincere desire to help their clients avoid foreclosure.

If you are faced with the prospect of foreclosure, don’t be intimidated by the threats, and don’t feel as though you are on your own.  Call (404) 763-3623 and arrange a consultation with the Ga bankruptcy lawyers at Law Firm to keep your home and stop creditor harassment dead in its tracks.

• Stop Harassment
• Stop Repossessions
• Stop Foreclosures
• Keep Your Home
• Keep Your Car
• Keep Your Wages