Don’t Give Up! Work With a Knowledgeable Bankruptcy Attorney
You never thought you’d be in this position, wondering whether you are going to be able to keep your home. You’d heard of foreclosure before, but always assumed it’d never happen to you.
But you don’t have to lose your home. You have options available that put you in control of what happens to your house next. The Wink Law Firm’s legal strategies can help you stay right where you are or move on from your home on your own terms, not the collection agency’s.
The Wink Law Firm offers bankruptcy to stop foreclosure and put you in a better position with your mortgage debt. Our bankruptcy lawyers near you have the legal expertise to help you avoid renegotiating your mortgage, so you can follow a new, healthy financial path forward.
Get a free consultation with our bankruptcy lawyers in Denver to find an impactful, cost-effective solution for your mortgage debt. You’ll soon feel less worried and more confident that you’ve chosen to face your challenges of the past in a way that will benefit you moving forward.
What Foreclosure Defense Means For You
When faced with foreclosure, one of your options is to hire a foreclosure lawyer who can help you negotiate your missed payments and lower your monthly payment.
Your foreclosure lawyer may attempt one of these strategies:
- A lower mortgage payment.
- Temporary forbearance on payments so you can accumulate funds to pay.
- A repayment plan for the payments you missed.
Unfortunately, a foreclosure lawyer’s solutions don’t benefit you as much as they should.
Foreclosure defense is:
- Expensive. Your legal fees may be more than you were expecting.
- Not guaranteed. The lender can decide they don’t want to work with you. You’ve already missed your payments, so they have the higher ground.
- Demanding. You must quickly get cash together to make payments.
- Cost-prohibitive. You may end up modifying your mortgage at a higher interest rate, especially if your current rate is significantly lower.
If you’ve struggled to keep up with mortgage payments in the past, it may be unlikely that you’re able to pay after a modified mortgage agreement with your lender. Our bankruptcy lawyers in Denver want to help you find solutions that don’t put you deeper in debt over time.
Find out why our bankruptcy solutions are more effective and beneficial by scheduling a free consultation with The Wink Law Firm. You deserve nothing less than legal help for your debt challenges that turn your stress and worry into a positive outlook for the future.
The Benefits Of Chapter 13 Bankruptcy For Mortgage Debt
Filing for bankruptcy can stop your foreclosure and position you for the best possible outcome. Here’s what to expect when The Wink Law Firm helps you.
- When you file for Chapter 13 bankruptcy, your home is placed under an automatic stay. This stops the letters, phone calls, texts, and other messages from the collections agency.
- We help you create a three-to-five-year payment plan on your back mortgage payments, while paying your current mortgage at the same interest rate.
- If you can’t complete this payment plan, you can make payments for a shorter period of time, approximately 18 to 24 months. During that time, you can sell your home or refinance your mortgage to pay off your debt or find better payment terms.
- Watch as your other unsecured debts (credit cards, medical bills, and more) are discharged in Chapter 13 bankruptcy.
- After about two years, you could be eligible for a new mortgage with a credit score of 700+.
Chapter 13 bankruptcy with the help of the Denver bankruptcy lawyers at The Wink Law Firm is far more preferable than a foreclosure defense. Meet with our team to learn more about Chapter 13 bankruptcy and get started on a legal strategy that will provide real relief.
Our Bankruptcy Team Stands By Our Client-First Approach
A foreclosure defense may hurt more than help, but bankruptcy can help you get back on your feet. That’s why our bankruptcy lawyers near you only offer legal solutions that maximize the benefits for you, without putting you in yet another difficult position.
You’ve already been through a lot. Now, experience the real relief that comes with bankruptcy. We’ll create a legal strategy that puts you in control of what happens to your home and helps you feel more financially secure in the long run.
Schedule a free consultation today to meet with our Denver bankruptcy lawyers by contacting us online or by calling (720) 523-0620.