Florida Mortgage Default Defense Lawyers
The foreclosure crisis has been in the headlines for years now and shows no sign of slowing down. Even when banks have been confronted with evidence in court of the faulty process by which they pursue foreclosures, the banks have done little to correct the current state of affairs.
Government programs such as the Home Affordable Modification Program (HAMP) were designed to help homeowners receive modifications to their mortgages. HAMP has helped few homeowners. This is due to a number of reasons that include insufficient incentives for the banks to become involved, too many ways a homeowner could be excluded, and the understaffed and undertrained nature of the employees manning this program at the individual lenders means that many people spend weeks or months on wild goose chases were they must provide document after document only to be told they do not qualify.
At Sacks & Sacks, P.A, our Jacksonville foreclosure prevention attorneys understand how frightening the idea of losing your home can be. If you are facing foreclosure, do not wait to look for help. By acting now, we may be able to save your home from foreclosure through the protections of the bankruptcy code. We may also be able to help you secure a modification to your mortgage as part of the bankruptcy process.
Chapter 13 Bankruptcy Fights Foreclosure
Chapter 13 bankruptcy stops foreclosure proceedings through the automatic stay. It also helps in that your arrearages can be included as part of the three to five year repayment plan that is worked out during the bankruptcy process.
If you want to learn more about how bankruptcy can help you fight foreclosure, call 904-396-5557 or simply contact us online to schedule your free initial consultation.