If you are behind on your mortgage payments and facing foreclosure, there is a way to stop the process and give you more time to explore your options. The sooner you contact a lawyer, the more options you will have to explore.
At Trevett Cristo Salzer & Andolina P.C. in Rochester, New York, our foreclosure lawyers represent homeowners throughout Upstate New York who are facing foreclosure and other types of debt problems.
We offer a free initial consultation to evaluate your case and explain your options. Call 585-851-8952 today.
Chapter 13 Bankruptcy as a Way to Stop Foreclosure
One of the most effective tools to save your home and reduce your debts is Chapter 13 bankruptcy. Filing Chapter 13 bankruptcy will put an immediate stop to a foreclosure proceeding and give you breathing room. You can then explore options such as:
- Negotiate with the bank
- Put your mortgage arrearages into your Chapter 13 payment plan and paying them off over a three- to five-year period
Filing Chapter 13 bankruptcy is not only a way to save your home; it's a way to reorganize and reduce your debts. You can greatly reduce the amount of money you owe on unsecured debt such as credit card and hospital bills and payday loans. If you have a second mortgage and your home is worth less than you owe on the first mortgage, you can strip the lien from the second mortgage and pay only a fraction of what you owe on the second mortgage.
If you choose not to keep your home, filing bankruptcy can delay the foreclosure process and allow you to continue to stay in your home for a period of time.
Leadership in Protecting Consumers in Upstate and Western New York
Our consumer bankruptcy legal division is led by partner David H. Ealy. Mr. Ealy is past chair of the Bankruptcy Court Committee of the Monroe County Bar Association and is a current member of the New York Bankruptcy Bar Association. His professional presentations include ' Litigating in Bankruptcy Court' for the Monroe County Bar Association and ' Fundamentals of Bankruptcy' for the National Business Institute.
Contact our office at 585-851-8952 to schedule a consultation with an experienced Rochester foreclosure defense attorney at our firm. We maintain offices in Rochester, Greece, Irondequoit, Penfield and Ontario, New York.
*We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
Under New York's Code of Professional Responsibility, portions of this website contain attorney advertising. Prior results do not guarantee a similar outcome. Results depend upon a variety of factors unique to each representation.