Home foreclosure can be extremely stressful, especially when you have to deal with it on your own. For this reason alone it would be beneficial to work with a bankruptcy attorney. Philadelphia and Montgomery residents will find that the services of William D. Schroeder, Jr. law firmmay help prevent the loss of your home.
If you find that you are overwhelmed with your debt and you do not want to lose your home, William D. Schroeder can help you qualify for mortgage modification or force the bank to accept a Chapter 13 bankruptcy repayment plan.
1. Defend Your Home More Effectively From the Bank or Mortgage Company
An attorney will litigate when you are going through of home foreclosure because, he is more knowledgeable of the options that are available to you. The first step a lawyer will take to prevent foreclosure will involve defending you against the bank or mortgage company by filing legal pleadings and documents. It is highly unlikely that a mortgage company’s lawyers will ever speak to you directly; a lawyer makes the entire communication process more effective.
2. Put Your Anxieties to Rest by Using Someone Who Understands Legal Paperwork
In addition to presenting you with reasonable options to defending your home from foreclosure, another advantage to using a lawyer is that they are well versed on the details of PA law. Instead of struggling with the legal jargon on your own, an attorney will ensure that you understand all the language, file answers, and prepare to defend you in court.
3. Buy Yourself More Time to Sort Everything Out
By negotiating with banks or the mortgage company’s lawyers and by explaining the foreign legal language of certain documents, your attorney will be able to buy you more time before anything is finalized. Time is an important asset to have as it will allow you to bring in more money while still living in your home. In addition, you will also have more time to work on an agreement with your lawyer and the bank or mortgage company, especially if your income has been re-established.
There are numerous factors that may stop your mortgage foreclosure if you hire a professional bankruptcy attorney. Philadelphia’s William D. Schroeder Jr., Attorney at Law can help you with a variety of legal issues frombankruptcy, mortgage modification, divorce, family law, DUI, wills, powers of attorney, estates, to criminal defense. To learn more about the services offered from William D. Schroeder visit his website at https://www.jrlaw.org/ or contact him today for a consultation:
William D. Schroeder, Jr. Attorney at Law
262A Bethlehem Pike, Suite 102
Colmar, PA, 18915