Losing your home can feel like a very desperate situation. But there is help available. Talking to a knowledgeable lawyer is an easy first step toward saving your home and getting the information you need.
The attorneys at Woodall & Woodall are here to help you fight for your home. With more than 30 years of combined experience and over 22,000 former clients, we have the knowledge and skill to counsel you about foreclosure. We will review your finances and mortgage to determine whether filing bankruptcy is a good option. If so, we will explain how it can help. If it is not right for you, we can suggest alternatives.
Based in Valdosta, Georgia our firm represents clients in Moutrie, Albany and beyond. We want you to know that experienced help is available. Talk to us today about your options. Call 229-232-8585 now.
There are two primary ways people use bankruptcy to halt or end foreclosure. If you cannot afford to pay your mortgage, you can file Chapter 7 to temporarily halt the foreclosure process while the bankruptcy is in progress. This may give you time to make plans or decide how to proceed.
If you can afford to pay your mortgage but just need some time to catch up, you can file Chapter 13 bankruptcy. Under this chapter, your mortgage and other debts will be combined and reduced so they are affordable. You will make these payments for three to five years. When you have completed Chapter 13, you will continue to make your mortgage payments. As a secured debt, you cannot stop paying your mortgage and keep your home.
When you file Chapter 13, you may also strip a second mortgage or home equity loan from the property. You will receive additional debt relief if this is an option for you.
Please call our Valdosta law office at 229-232-8585 for a free consultation. You can also complete the online contact form if you prefer.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.