At King & King, we understand that life happens and you may have found yourself in the position of being unable to keep up with your financial obligations. Whatever got you to the point where you are now, our attorneys are committed to helping you come up with a solution keep your home. Bankruptcy protection can be an effective foreclosure defense, one that we have used to help many of our clients avoid losing their homes to foreclosure.
In a Chapter 13 bankruptcy, a repayment plan is created that gives you a way to catch up on past due mortgage payments and unpaid debt without fear that any other legal actions will be pursued. Another benefit of filing for Chapter 13 is that a second mortgage could be "stripped," and you will never have to pay it back. Ask your King & King attorney about “Lien Stripping” if you have a second mortgage.
If you qualify for a Chapter 7 bankruptcy, we can help you keep your home and wipe out credit card debt, medical bills, and personal loans. If you’re ready to get started, call us today so that one of our experienced bankruptcy lawyers can review your current mortgage situation and advise you as to whether filing for bankruptcy may be right for you. Call King & King at 404-524-6400 or visit us at www.kingandkingattorneys.com for more info.