It’s easy to see the home lender/mortgage holder relationship in the simplest terms, i.e., if you pay your house note, you stay in your home; if you fail to pay, you lose your home to foreclosure.
Fortunately, you have options even when you are behind in your mortgage payments. An effective option can be Chapter 13 bankruptcy.
Chapter 13 bankruptcy shifts control back to you regardless of your repayment history and repayment status. How? When you file for Chapter 13, you obtain an “automatic stay.” The stay prevents your lender from filing for or continuing to process your foreclosure action, temporarily protecting your home from foreclosure.
Is your home threatened with foreclosure? Contact a lawyer who has helped hundreds of homeowners in foreclosure in Ohio. Call our law firm today at 513-381-2047.
Ohio debt relief attorney Nick Zingarelli has practiced bankruptcy law for his entire career. He worked at a high-volume bankruptcy firm for four years before founding Zingarelli Law Office, which is focused exclusively on bankruptcy and debt-related issues. Since the beginning of his career as a bankruptcy attorney, Mr. Zingarelli has successfully handled hundreds of bankruptcy claims. Along with the rest of our team, we are ready to help you keep your home.
When foreclosure looms, you may be able to file for Chapter 13 bankruptcy, through which you may be able to gain the leverage to negotiate loan terms through a position of strength to stop foreclosure.
Our attorneys also provide a range of other legal services regarding the prevention of foreclosure, including defending against foreclosure in and out of state court as well as negotiating with lenders. For more information on avoiding home foreclosure, contact our firm.
For experienced bankruptcy and stop-foreclosure legal services, contact Zingarelli Law Office online or call 513-381-2047. We are available for weekday appointments and offer no-obligation initial consultations. With an office located in downtown Cincinnati, Ohio, we serve clients throughout southwest Ohio and northern Kentucky.