How Can I Save My Home?

Keep Your House Off the Short Sale List

For many, saving their home may be the most pressing financial problem that they face. Loss of income within the household, unemployment, adjustable rates that have ballooned and many other factors can put you behind on your mortgage payments and make foreclosure a possibility in your future.

Depending on your individual circumstances, it may be that through loan modification your mortgage payments can be made affordable. At times, the firm can negotiate with your lender to show them your financial hardship and that changing the terms of your loan agreement is preferable to the high costs and time spent in foreclosure proceedings. In other cases, debt negotiation and settlement done by the firm may free up the funds you need to make your mortgage payments.

We can Help!

Perhaps the best and most certain way to prevent foreclosure is provided in the federal courts through the filing of bankruptcy. Chapter 7 is a way to rapidly discharge your debts by liquidating certain of your assets and this may provide the money you need to pay on your home. In Chapter 13 you keep your assets, including your home, and operate on a court-approved repayment plan over a 3-5 year period. At the end of the process your debts will be eliminated.

In either form of bankruptcy, the filing of your petition automatically prevents or puts a halt to the foreclosure of your home. If you are experiencing additional financial troubles, such as wage garnishment, repossessions, debt lawsuits and others, bankruptcy can stop these as well. Essentially, once bankruptcy proceedings have begun, creditors are no longer allowed to carry on with their collection actions. Help can be a phone call away but it is urgent that you act quickly, before your home is lost.

Price Law Group cannot, in good faith, promise each individual that their home will be saved, the firm has helped over 100,000 people to eliminate their debt problems. Frequently, this has resulted in the family home being retained. There are many methods of foreclosure prevention and the firm provides a free initial consultation to see what type of debt relief is best suited to your needs.