It's Possible To Stop Home Foreclosure

Families across America continue to struggle to make monthly mortgage payments. Unemployment rates in Michigan make this bad situation even worse. If you face these concerns, you may be able to stop foreclosure proceedings and stay in your house.

At the Royal Oak and Flint offices of Bidwell Tovarez PLLC, our attorneys have helped homeowners throughout metro Detroit stop foreclosure. Whether you have fallen behind on your mortgage payments or you have received a notice of sale for your home, we can help. Listening to your situation, we will help you find the best option to save your home.

Your Home Is Your Castle. We Can Help You Keep It.

If you believe you are in danger of losing your home, our lawyers will talk to you one on one about potential steps you can take to help stop the foreclosure process, including:

  • Loan modification: We will negotiate the interest rates and other terms on your current mortgage with your lender in an effort to make your payments more affordable.
  • Chapter 13 bankruptcy: If loan modification is not an option, we can pursue filing bankruptcy under Chapter 13, which requires making court-approved payments to a bankruptcy trustee for three to five years. You may also be able to get rid of a second mortgage.
  • Short sale: If you would like to avoid bankruptcy and foreclosure, we can help you with a short sale and negotiate with your mortgage company to accept less than what is owed on the mortgage upon the sale of your home.
  • Deed in lieu of foreclosure: You may decide your best option is to give your house back to your mortgage company with a deed in lieu of foreclosure. This option allows you to avoid having a foreclosure on your credit report, but does require signing the deed for the property back over to the mortgage company.

You Can Get Your Home Back Even After A Foreclosure Sale

In Michigan, there is a statutory six-month redemption period that allows you to buy back your home after a foreclosure sale. If you are still within this six-month time frame, we can help you explore your rights and options. We will discuss what your rights to redeem include and if there are any immediate steps you can take.

Talk With Us Today About Your Options

You do not have to lose your home to foreclosure. There are multiple things you can do to save your home and protect your investments. From our offices in Royal Oak and Flint, we help families across Michigan prevent foreclosure and find solutions. Call 248-237-3718 or contact us online today for a free initial consultation.

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