Stop Foreclosure with a Cincinnati Lawyer — Gary A. Billig
If you have fallen far behind on your mortgage payments and are being threatened by your lender with home foreclosure, you are facing some hard decisions. We can tackle them with you at the Fairfield law office of consumer bankruptcy attorney Gary A. Billig. Our law firm's founder brings 35 years of experience. Our law firm has a complete command of consumer bankruptcy law and can advise you of all of your options.
A 35-Year Track Record of Success With Bankruptcy and Foreclosure Issues
Chapter 13 bankruptcy is a viable option for many homeowners who are behind in their mortgage. Chapter 13 bankruptcy offers both short-term and long-term relief. In the short term, when you file for bankruptcy, the automatic stay begins. The automatic stay will stop foreclosure efforts in their tracks. Over the long term, Chapter 13 bankruptcy will give you the chance to repay your past due mortgage balance over a three- to five-year time frame.
If you have more than one mortgage, Chapter 13 bankruptcy may be able to provide an additional benefit. As home values across the United States have plummeted, many people owe more on their first mortgage than what the home is worth. If your home is worth less than the value of your first mortgage, you can remove, or strip, the value of a second or additional mortgage in Chapter 13 bankruptcy. This process is known as lien stripping and can be a valuable savings.
Call Us Today for Mortgage Help
You worked hard to afford your home. It contains lifelong memories that money can't buy. Don't give it up without a fight. Contact our experienced Fairfield foreclosure lawyer at 513-635-1672. If you need an evening appointment, we can provide it.
Our law firm is a debt relief agency, counseling clients according to the federal Bankruptcy Code.
