Stopping Foreclosure

Louisville Home Foreclosure Prevention Attorney

Your home is an important part of your identity. Behind all of the usual clichés and talk of hearth and home, there exists a very real feeling of sentiment and attachment to your family’s home. You have made this brick and mortar house into your place to live; you have personalized it for you and your family. Perhaps it has been your family home for decades.

Now you are in the midst of financial crisis and face the possibility of losing your home. Home foreclosure constitutes one of the biggest fears associated with being in debt. But there are ways to avoid home foreclosure and repossession. Contact Daniels Associates LLP in Louisville, Kentucky, for more information.

Agreed Order

One method of stopping foreclosure is an agreed order — an agreement between a debtor and a creditor (usually a mortgage company) to stop all court foreclosure actions. This agreement outlines a repayment structure. While stopping foreclosure in this way is possible, it’s not very common because creditors generally want to collect their money more quickly than an agreed order allows for.

Filing for Bankruptcy

Filing for bankruptcy remains the best way for a person to prevent home foreclosure. If you have acquired significant credit card debt, have had an unforeseen medical expense wipe out your earnings, lost your job or have been the victim of predatory lending, you may find yourself facing the possibility of losing your home.

Daniels Associates LLP can help you take the step of determining which type of consumer bankruptcy you are eligible for and help you file so that you can keep your home.

Get the help you need to recover from a difficult financial position through bankruptcy. Daniels Associates LLP is pleased to help you make critical decisions about your financial future. Contact us today. We offer free initial consultations and are available for evening and weekend appointments. We offer language services in Spanish, German, Italian and Mandarin Chinese.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.