The answer to your question is an emphatic YES. While the prospect of losing your home can be overwhelming, competent, qualified Athens bankruptcy lawyers with experience in Georgia foreclosures can help you understand your options.
The first option you have when you receive a foreclosure notice is to contact your lender directly and see what you can do to get back on track. Your lender may work with you especially if you have lost your job or are enduring another type of financial hardship.
If that does not work, your next option would be to see if you qualify for a loan modification. A loan modification is a written agreement between you and your lender to modify the original terms of your mortgage. The government also has a number of programs to help distressed homeowners facing foreclosure including the Home Affordable Modification Program (HAMP). In many cases, your lender will help you identify which program is right for you, but in other cases you may need the assistance of a third party to work out a loan modification.
If those options do not work, or if your overall situation warrants it, you can also file for bankruptcy. Chapter 13 bankruptcy in particular has the dual benefits of allowing you to prevent default on your mortgage and potentially eliminating second mortgage lien debt.
While it may seem that the world is crumbling around you when you receive a foreclosure notice, do not despair. Marietta bankruptcy attorneys with experience in Georgia foreclosures can help you evaluate your options and determine how to move forward with your life.
Please call Jeff Field and Associates at 404-381-1278 or contact us online to schedule your appointment. We are ready to provide you with the help you need today.
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5.0/5.0Jeff Fields and staff made the bankruptcy exp. Worth doing thanks for your service.
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5.0/5.0
Hands down I’ll definitely recommend everybody here if they are filing for bankruptcy. I just wanna thank y’all for everything yall did for me.
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5.0/5.0
Jeff and Chase were great to work with. I was able to get answers to financial questions that I had. Service was quick and stress free! I would recommend them to anyone that needs help with their financial situation.
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5.0/5.0
What can I say??? This process was smooth as ever. I spoke with an attorney in December just to get information on how the process works he explained and went over every question I could think of. We spoke again in March and got the process started a...
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5.0/5.0
**Real review** I was extremely nervous filing a chapter 7 and going the bankruptcy route. You hear so many negative stories regarding following bankruptcy. However, I can honestly say this was the best decision I've made for my financial situation. ...
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