Foreclosure Defense
This section only applies to Chapter 13 or Chapter 11 Cases.
Foreclosure Defense: Protecting Your Home and Your Rights
Facing foreclosure can be overwhelming, but you have options. Our attorneys help clients defend against foreclosure actions, giving you valuable time, negotiation leverage, and, in many cases, the opportunity to save your home or investment property.
How Bankruptcy Can Help Defend Against Foreclosure
- Automatic Stay: Filing for bankruptcy immediately halts pending foreclosure actions and stops all collections, providing breathing room while your case is active.
- Repayment of Arrears: Chapter 13 or eligible Chapter 11 filers can catch up on missed payments over 3–5 years, all while resuming regular payments.
- Loan Modification & Lien Stripping: Bankruptcy may allow loan modification or the removal of certain junior liens (when requirements are met).
- Discharge of Deficiency: Certain deficiency balances after a foreclosure sale may be eliminated through bankruptcy.
- Structured Plan: These steps occur under court supervision, keeping creditor actions at bay.
- Trustee Fee: A fee is applied for plan administration.
Important! Not all properties or individuals qualify for every option. To evaluate your best path forward, schedule a free consultation with our experienced foreclosure defense team.
Why Work With Totaro & Shanahan?
- Personalized foreclosure defense strategies tailored to your needs
- Step-by-step guidance through the bankruptcy process
- Meticulous evaluation of every possible solution to preserve your property
Ready to Take Action?
Don’t wait until time runs out. Consult with our foreclosure attorneys to discuss strategies for stopping a sale or catching up on payments. Contact us to get started today.
Take the First Step Toward Financial Freedom
Schedule your free, no-obligation consultation today. We'll help you understand your options and create a plan to overcome your debt challenges.