How Bankruptcy And Foreclosure Work Hand And Hand

If your Florida lender has threatened to foreclose your home because you are behind on your mortgage, bankruptcy might be an option. This will allow you to stop foreclosures and help manage your mortgage payments. Bruner Wright, P.A. has helped many homeowners file for bankruptcy to avoid foreclosure and lower monthly payments. Although bankruptcy is an effective tool, it might not be the best solution for everyone. We are available to arrange a consultation with a Tallahassee bankruptcy attorney. A bankruptcy attorney will examine your case and develop a solution that addresses all your financial concerns about bankruptcy and foreclosure.

Bruner Wright, P.A. has 40 years of experience helping people like you with their financial problems. We know how difficult these times can be for you, and are here to help. There are many options that you have to help you manage your debts and regain financial health.

Your case is unique and will determine the best course of action. To discuss your options with bankruptcy and foreclosure, contact us today for a confidential consultation with a bankruptcy attorney. An experienced bankruptcy lawyer in Tallahassee will review your case and help to choose the best course of action for you.

Fight the Foreclosure

Not only is bankruptcy an option to stop a Florida home foreclosure, but so are other options. Bruner Wright, P.A. can help you fight foreclosures and challenge the lender’s right of foreclosing on your house. Our legal team will review every detail of a mortgage in order to identify any evidence that could be used against the lender. Our legal team will use all of their knowledge and skills to prevent foreclosure and help you keep your home.

Chapter 13 Bankruptcy

Chapter 13 bankruptcy In Florida allows you to reorganize debt and make it more manageable. It may also allow you to catch up on your missed payments for up to five years without any interest being charged by your lender.

You may be able to get rid of a second mortgage through Chapter 13. You may be eligible to file bankruptcy to get rid of your second mortgage if you have more than one mortgage on your house. It will be treated in bankruptcy the same way as any other unsecured debt once the mortgage has been removed from the property.

The Automatic Stay

Filing for bankruptcy in Florida will stop a lender from pursuing a home foreclosure under the U.S. Bankruptcy Code’s automatic stay provision. The court will automatically stop all debt collection proceedings against you when you file Chapter 13 bankruptcy or Chapter 7 bankruptcy. All collection actions against you must stop immediately after the stay is in effect. The automatic stay prevents creditors and collection agencies from contacting you, garnishing your wages, or repossessing your property. An automatic stay can even stop a scheduled foreclosure sale. The automatic stay will continue in most cases until the bankruptcy case is dismissed. An automatic stay is a way for homeowners to have more time to pay off their mortgages or fight the foreclosure in court.

Contact Bruner Wright P.A.

Bruner Wright P.A. is a top-rated experienced law firm servicing the Florida Panhandle and the South Georgia area. Our practice has been very successful in helping people discharge their debts and handle both bankruptcy and foreclosure. We offer a personal service that is comprehensive and thorough in all aspects of our industry. We are responsive to the needs of our clients.

Our Service Areas

Contact us today to schedule a consultation to speak to a bankruptcy attorney about bankruptcy and foreclosure. A member of our team will review your case to help you make the right choice. We are focused on personal chapter 7 bankruptcy, chapter 13 bankruptcy foreclosure, and business bankruptcy chapter 11. We want you to achieve financial stability.