HOME IS WHERE YOUR HEART IS, WHERE MEMORIES ARE MADE, FAMILIES GATHER, AND FRIENDS VISIT. YOUR HOME IS AN EMOTIONAL INVESTMENT – AN INVESTMENT OF TIME AND MONEY.
If you own a home, this is probably your largest and most valuable asset and losing it can be devastating. Mortgage lenders can be stubborn when it comes to offering help with missed payments and some are quick to enter the foreclosure process. Luckily, there are ways to defend against a foreclosure.
If you have never filed a bankruptcy case and you qualify to file a bankruptcy, then a bankruptcy petition stops the foreclosure of your home – it stops foreclosures on any type of physical property that you own. The lender has no option once a bankruptcy case is filed. The bankruptcy also allows you to restructure the amount you are behind and pay the past due amount over a period of up to 5 years. Even if you do not think you can afford your home, a bankruptcy may restructure the debts on your house to make it affordable. Please be aware – if you wait to act until after the foreclosure sale, you are probably too late in Texas. There is no right of redemption for foreclosures (except for ad valorem taxes).
Defending your home against foreclosure may seem daunting, and in some cases it can be, but there are options to help you resolve mortgage debt problems and stop a foreclosure. At Baker & Associates, we know that your home is your most prized asset and we want to keep it that way. Our foreclosure lawyers have helped hundreds of hard working people just like you secure a forbearance agreement, loan modification, and more.
Our Home Sweet Home program was created to help us utilize every possible tool allowed by law to save your home from foreclosure. When your home is posted for foreclosure, it is important for you to know your rights in order to make an informed decision about your future. Foreclosure defense can be tricky, but we may be able to lower your payment or interest rates, erase delinquency fees, and may even reduce your principal amount owed.
Contact Our Texas Foreclosure Lawyers
When you are facing foreclosure it can feel as if you life is unraveling. At Baker & Associates it’s our goal to help people with their financial difficulties and provide professional legal advice for everyday living. Financial difficulties usually arise out of an unexpected crisis, such as loss of job, major medical emergency, divorce or business failure. We want to be available to our clients through these difficult times and help them move forward.
Working with our Texas foreclosure lawyers is your best chance at a successful defense against foreclosure. We can negotiate with your mortgage lender to try to protect your home while we develop a plan that fits your needs. You won’t need to worry about lengthy phone calls to your lender and stubborn refusals to help with your mortgage problems.