For most people facing serious debt problems and considering bankruptcy, the first and most pressing question is, "Will bankruptcy save my home?"
Indeed, your house and land most likely represent your most valuable assets, besides being your home. It is critical to work with an experienced lawyer who can help you through the bankruptcy process or find an alternative to bankruptcy that can help you save your home.
At The Law Offices of Ronald I. Chorches in Hartford, Connecticut, we help clients facing significant mortgage debt. With decades of experience in bankruptcy and related legal disciplines, attorney Chorches can work with you to find a solution and help you find a fresh financial start.
Powerful Tools For Stopping Foreclosure
If handled properly, bankruptcy is one of the most powerful tools available for stopping foreclosure and saving your home. In addition to the automatic stay, which prevents lenders and their agents from engaging in any collections activities for the duration of the bankruptcy process, bankruptcy also provides long-term solutions for saving your home.
In Chapter 7 bankruptcy, you can keep up to $75,000 in equity. By eliminating most of your other consumer debt, we could put you in a position where you could continue making your mortgage payments and keep your home. Similarly, in a Chapter 13 bankruptcy, we could help you get onto a three-year or five-year payment plan that will be more manageable for you, allowing you to keep your home.
Emergency Foreclosure Defense
Helping clients through the bankruptcy process as a means to stopping foreclosure usually requires early intervention. In some cases, a foreclosure is imminent. If this is your situation, contact us. We can begin negotiations with your mortgage lender and to modify your loan and find other bankruptcy alternatives that could help you save your home.
Contact The Law Offices Of Ronald I. Chorches
We offer free initial consultations, so you can talk to an experienced lawyer without cost or obligation to discuss your options. Schedule your free initial consultation by calling 860-952-3878 or contacting us online.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.