Article provided by: Law Offices of Daniel J Guenther
If you find that you may be faced with a foreclosure, it can be a frightening thought. Should you be wondering what your options are and what debts are forgiven under chapter 7, you can talk with a lawyer to get answers. When you really want to know if you can stop foreclosure in Southern Maryland, learning all about the process and cost will be in your best interest. Even if you cannot retain your home, a good lawyer could help you escape some or all of the liabilities associated with a foreclosure.
These are some of the things that a good bankruptcy lawyer in Southern Maryland can do:
Reviewing Documents – Your lawyer can look at your loan to see if there are any predatory or unfair lending practices. For example, some lenders may file a foreclosure improperly or make errors at closing. The right lawyer will be able to spot these danger signs and work on ironing them out for you.
Advocacy – Be sure that you find a lawyer that is up to date on chapter 13 bankruptcy laws and one that knows about the foreclosure laws within the state of Maryland. You could look into options for a short sale, a loan modification, or what is known as a "deed instead of foreclosure.’"
Legal Response Filing – When you want to stop foreclosure in Southern Maryland, you may get served with papers that call for a response. You do have options here, and your chapter 7 bankruptcy lawyer can go over them with you. For many people, this type of legal terminology can be a bit overwhelming. The right lawyer will explain all of this terminology and paperwork to you and then help you file your answer with an appropriate defense.
Bankruptcy Filing – With a bankruptcy, you will have the ability to stop a foreclosure temporarily. Having a good lawyer informed regarding the laws for Southern Maryland, chapter 7 bankruptcy will set you up for success. This is the type of bankruptcy that you can use when you want to be able to wipe the slate clean and stop the clock on your foreclosure, so to speak. With a chapter 13 filing, you can have your debt restructured and make the payments a bit more affordable. People who can afford to make regular mortgage payments may find that their arrears can get reduced. However, all of this comes with having a good attorney by your side that knows how to navigate the entire process.
Never let the worry of losing your home get to you. There are ways that you can stop foreclosure in Southern Maryland and get back on track. All it takes is selecting a lawyer with your best interests in mind to have the proper defense. Contact the Law Office of Daniel J. Guenther for a free bankruptcy/debt relief consultation at (301) 475-3106, and we can go over all of your options with you. We are the leading firm in the area, and we always work to get you on the right path.Stop Foreclosure Southern Maryland
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