Foreclosure
Chapter 13 bankruptcy may allow you to avoid foreclosure and save your home by paying off any late or unpaid mortgage payments over a 3 or 5 year repayment plan. You will need at least enough income to at least meet your current mortgage payment at the same time you’re paying off the missed payments. Often a homeowner will enter Chapter 13 to "buy time" in which to refinance or sell the home.
For many homeowners the equity in their homes justifies avoiding foreclosure. If you have received a notice of foreclosure, you must act quickly. Call Lee Legal now at (202) 448-5136.