Have you lost your job, been injured or fallen ill? Many things in life can cause you to fall behind on your mortgage payments. However, falling behind does not mean you are going to lose everything. Many people today are attempting to get a mortgage loan modification. For some people this works, but for others it can be extremely difficult to achieve.
Did your loan modification not work out? Contact an experienced Salinas bankruptcy attorney at Central Coast Bankruptcy, Inc. Call 831-783-0260 or send us an e-mail.
Why Do I Need a Bankruptcy Attorney?
Loan modifications and work-outs are very complex. The banks are difficult to deal with, and the process can be extremely long and stressful. Many people have been taken advantage of by predatory companies offering guaranteed loan modifications for expensive fees. Often we see clients coming into our office the day before their home is scheduled to be sold at auction, because their loan modification did not go through. At Central Coast Bankruptcy, Inc., we are not able to assist you with getting a loan modification, but we can help you understand the process and evaluate your options.
If a modification is not feasible, we will explore your bankruptcy options. You may be able to save your home through Chapter 13 bankruptcy. We advise that you come in for a consultation long before your home is scheduled to be sold at auction, even if you are trying to accomplish a loan modification, it could be a good idea to have bankruptcy as a backup plan. We can collect all of your information, and if you decide to file for bankruptcy, we will be ready if we need to stop the foreclosure quickly.
At Central Coast Bankruptcy, Inc., we have the power of the law on our side! We can invoke an "automatic stay" to stop foreclosure immediately.
The other powerful legal tool that we can utilize is the "lien strip", which means that, with a Chapter 13, we can often times eliminate your entire second mortgage or HELOC (home equity loan) if you are upside down in your home.
Contact an Experienced Monterey Mortgage Modification Attorney
Find out whether you can save your home through a mortgage modification. Contact Central Coast Bankruptcy, Inc., at 1-831-783-0260 to speak with our experienced California bankruptcy lawyer Jason Vogelpohl.
We are a law firm and debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
This website is designed for general information only. The information presented on this website should not be construed as formal legal advisor the formation of an attorney/client relationship.
