You can stop foreclosure and save your home by filing chapter 13 bankruptcy. Our attorney can file an emergency bankruptcy petition to stop the scheduled Trustee’s sale. Later, our attorney will propose a 3 to 5 year chapter 13 repayment plan which your mortgage company must accept. During your 3 to 5 year repayment plan you will repay late mortgage payments and bring yourself current on your home mortgage. Once current you will no longer be in danger of foreclosure. To stop foreclosure and save your Sonoma County home call our bankruptcy attorney at (707) 200-6688.
An emergency bankruptcy petition will stop the foreclosure process immediately. Under Federal Law the foreclosure process must cease immediately upon the filing of a bankruptcy petition. In practice, our bankruptcy lawyer will file an emergency “bare bones” bankruptcy petition the same day you call to stop the foreclosure process. Next, our attorney will fax a letter to your lender and any parties involved with the foreclosure process notifying them of the automatic stay and that any action taken by them to continue foreclosure will be a willful violation of the automatic stay.
How It Works
You might wonder, “How does all of this work in practice?” Well, if a Trustee’s sale is scheduled for Tuesday and you call on Monday, we can stop the foreclosure sale. When you call on Monday we will conduct a phone consultation. During the consultation we will ensure that you qualify for chapter 13 bankruptcy and that filing is in your best interest. Next, we will direct you to an online credit counseling provider so that we can file your petition right away. Once you have completed credit counseling you will come into the office, pay for your bankruptcy, and sign a retainer agreement. Once we have a signed agreement we will order your 3-source credit report and draft your emergency bankruptcy petition. Lastly, you will sign the bankruptcy petition and our attorney will electronically file it with the court. After your petition has been filed our attorney will notify your lender and any associated parties of the automatic stay to ensure that your home is not sold.