Foreclosure Prevention

Bankruptcy As A Means Of Foreclosure Prevention

Are you several months (or years) behind on your mortgage? Do banks constantly call you demanding payment? Is foreclosure in your future? Having large amounts of debt is nothing to be ashamed of. Filing for bankruptcy can help you avoid foreclosure and stay in your home. It can also help you and your family achieve financial stability. At the Norristown Law Offices of James V. Monaghan I offer compassionate guidance throughout the entire bankruptcy process. I am cognizant of the financial, emotional and psychological strain you are enduring. Initially I will help you determine whether filing for Chapter 7 bankruptcy (liquidation) or Chapter 13 bankruptcy (debt reorganization) is appropriate for your financial situation. If we conclude that bankruptcy is a viable option, we will help you file the necessary paperwork and begin the process of obtaining much-needed debt relief.

Do I Need to File Bankruptcy to Save My Home?

A majority of the time filing bankruptcy  is the best way to avoid foreclosure. In some situations, however, an experienced lawyer can negotiate with banks or lenders so that you do not have to file for bankruptcy. As your attorney I  am dedicated to protecting your rights as well as your interests. If bankruptcy becomes necessary to avoid foreclosure on your home, I will guide you through the entire process and help you obtain the debt relief you need. You do not need to endure any more mental anguish or sleepless nights worrying about your financial situation. Pennsylvania bankruptcy law allows you to obtain a fresh start financially. Contact my office today and get back on track financially.