Effective Foreclosure Prevention Guidance
You do not have to lose your home. There are many bankruptcy and non-bankruptcy options available to stop foreclosure. At Howard T. Duncan, Attorney at Law, our bankruptcy lawyers have more than 25 years of experience. We have helped hundreds of clients in Nebraska and Iowa prevent foreclosure.
Many people believe there is no way out of mortgage debt. Our team of legal professionals will get you past this misconception and help you decide what the best possible path is for you. Contact us by email or call (402) 216-0313 to avoid a foreclosure on your property.
Bankruptcy and Foreclosure: The Basics
Foreclosure is a proceeding used by creditors to take your house or real property. It is possible to temporarily stop a foreclosure by filing for bankruptcy. Filing for bankruptcy puts an automatic stay on any pending court proceeding, preventing creditors from:
- Bringing or continuing most lawsuits against you
- Calling you with collection demands
- Continuing a foreclosure sale on your property
- Garnishing your wages
Filing for Chapter 13 bankruptcy may provide a chance for you to make up past due house payments through a court-supervised repayment program. At Howard T. Duncan, Attorney at Law, we can help you resume the regular payments on your home and possibly remove what you owe on a second mortgage through lien stripping.
Foreclosure Assistance Without Filing for Bankruptcy
Our attorneys can prevent a foreclosure on your home by negotiating a loan workout plan with your creditors to provide you with the following loan modifications:
- Extending the term of your loan
- Lowering your interest rate
- Forgiving your missed payments
- Lowering the total amount you owe
Acting quickly is very important to save your home from foreclosure. In Nebraska, a homeowner is simply sent a notice by their creditor and no court proceeding occurs. After receiving this notice, you have a limited time to take action. Our knowledgeable foreclosure team will respond to these notices promptly and correctly to keep your family in your home.
Contact our office by email or call (402) 216-0313 to discuss your options and to set up a FREE no-obligation consultation session. Our Nebraska and Iowa foreclosure-assistance lawyers will carefully discuss the process you need to go through in order to protect your home.
