Is it possible to keep your home after filing for bankruptcy?
Yes, in many cases it is possible to keep your home and work out a 5 year plan to get back on strong financial footing. Chapter 13 bankruptcy is designed for those who have assets they wish to keep such as a home, car or other important property.
Many clients filing for bankruptcy are able to settle outstanding debts including foreclosure and late mortgage payments for a small portion of what is actually owed. In most cases, Chapter 13 allows us to work together to establish a payment plan that is comfortable for you based upon your income.
It is important to begin planning as soon as possible, and to seek the counsel of experienced and proven professionals at the Lawrence Law Office. We invite you to contact our office to schedule a complimentary consultation. After this we can begin to work together to find options for your unique circumstances. We will establish a process that will work for you, a process that will lead you out of the pressure of financial problems and into a brighter future.