Legal Options For Avoiding Home Foreclosure

When you are facing foreclosure, it may feel that there is nothing you can do to escape the situation. Fortunately, there are options.

At Panaggio Law, we can help you get the debt relief you need and avoid foreclosure. We have extensive experience helping clients with foreclosures and bankruptcy from our Fall River office. Give us a call to discuss your situation with an experienced lawyer and find a solution to your debt problems.

How Can You Stop Foreclosure?

If you are falling behind on your mortgage payments, we can help you explore your options to stop home foreclosure, including:

  • Chapter 13 bankruptcy: When you file for Chapter 13 bankruptcy, an automatic stay goes into effect that temporarily stops foreclosure. Then, as part of your bankruptcy, you will be put on a three- to five-year payment plan. This can help you get back on your feet and stay in your home.
  • Short sale: If you are comfortable selling your property, a short sale can allow you to get out of an underwater mortgage and start fresh.
  • Loan modification: It may be possible to negotiate with your lender to change the terms of your loan such as the interest rate. This can help you make payments more manageable and help you keep up with payments.

Get The Legal Help You Need

To discuss your situation with a skilled attorney, call or office or contact us online.

We are a debt relief agency. We help people file for bankruptcy relief under the U.S. Bankruptcy Code.