How can we keep our home and stop the foreclosure?
Are you concerned about stopping foreclosure in the Louisville area? Is your home in foreclosure or about to be in Shepherdsville, Mount Washington, Shelbyville, Taylorsville, Radcliff, Elizabethtown, Jeffersontown or Louisville, Kentucky? There is really one central question when it comes to a home in foreclosure: “Do want to keep this house?”
If the answer to that question is “yes”, then I invite you to contact us via e-mail, schedule an appointment or call us today at (502) 509-1490 for an honest conversation that can help you to sort things out. If your home is in foreclosure, you need time to consider your options and to determine the best strategy available to you to keep your home.
Many people simply write to or call the lender and think they are having a conversation with someone who will help them to fix their situation, or re-work their loan. Meanwhile, the foreclosure of their home is proceeding and soon you will have no options. Many people think that the process is stopped while they negotiate with the bank, only to find out the foreclosure process is complete, and their home is scheduled to be sold at a Sheriff’s sale.
Beware of Credit Card Debt Companies and “Mortgage Relief” offers
You may have received mailings or seen commercials for these types of companies. Attorney Generals across the country have warned consumers against companies that are often misleading, or downright fraudulent. Kentucky attorneys are held to high standards of business practice, and can provide sound advice to help you through your financial challenges.
Contact Shepherdsville Attorney John Schmidt – Help With Stopping Foreclosure in the Louisville Area
My name is John Schmidt, and I have provided help with stopping foreclosure in the Louisville area for more than 25 years. In reality, there are only a few ways to legally stop a foreclosure. You can pay the amount in arrears (and all legal fees) which caused the foreclosure in the first place.
Most people simply do not have that kind money available which is what caused the problem in the first place. It can be hard to catch up on a mortgage when the payments are behind. Once a foreclosure has been filed many mortgage companies will no longer accept payments.
Another strategy to stop foreclosure is to file for bankruptcy. Usually, a chapter 13 bankruptcy provides a plan to repay the late mortgage payments and fees over a period of 3 to 5 years and provides wage earners in Kentucky with the ability to keep their home and recover financially.
Reorganizing your financial obligations in this manner allows you to stop harassment from creditors, protect the things which are important to you (such as your home and car), and establish a budget which you can work with from this point forward.
There are alternatives, and at the Law Offices of John Schmidt & Associates PLLC we work with clients to determine the best financial options based on their unique situation and circumstances. We can help to put a stop to the foreclosure process and allow you to develop a plan which will work for you and help you to keep your home.
Do you need help stopping foreclosure in the Louisville area? We invite you to contact us via e-mail, schedule an appointment or call us today at (502) 509-1490 to get the answers you need and relief from financial challenges and creditors.
