Is It Possible to Avoid Foreclosure in Fairfield OH?
After you have paid on a home for years, it becomes a part of your family’s history. Facing the loss of a home through foreclosure can be difficult. Unfortunately, mortgage companies can often be ruthless about the foreclosure process. As soon as you are three payments or more behind, they can begin working towards taking your home. If you are being threatened with foreclosure, it is in your best interest to learn more about your rights for avoiding it. Through a lawyer, you can learn more about Foreclosure in Fairfield OH.
When you hire a lawyer to help you with Foreclosure in Fairfield OH, he or she will want you to come in and bring information on all of the debts you owe and your income. The first step the lawyer will take is to contact your mortgage holder and see if any satisfactory arrangements can be made. Though it is not always possible, the lawyer may be able to work out payment arrangements that allow you to catch up on past due payments so you can save your home from the foreclosure process.
If this is not successful, the lawyer can advise you on filing for chapter 13 bankruptcy. This can protect you from facing foreclosure and can also help you with any other debts you owe. Through a bankruptcy period, you will have time to catch up on your payments and keep your current payments paid on time. If you are current at the end of the period, you will no longer be in danger of losing your home.
Though most people do not relish the thought of filing for bankruptcy, it can be beneficial for many. If you are facing losing your home, it is important you consider all of the options you have.
To learn more about how you can avoid foreclosure, Contact Dean Snyder Attorney At Law. He and his staff will be happy to help you with your financial issues so you can get back on your feet. Call today and schedule a consultation appointment so you can learn about your options for keeping your home.