Stop Foreclosure and Eliminate Second Mortgages
When your home is at risk, it can seem like your entire world is crumbling. Housing satisfies four categories under Maslow’s Hierarchy of Needs: physiological, safety, belonging and esteem. It’s no wonder that you cannot sleep and your nerves are a wreck. Maslow states that these stages must be fulfilled if one is to be completely satisfied and at peace with life. If four out of five states are not met, as is the case when your housing is in jeopardy, human beings can spiral into a deep depression. North Bay Bankruptcy understands your predicament and is here to help. Contact us to assist with foreclosures and to eliminate second mortgages.
How We Can Help
If it is determined that you are eligible for Chapter 7 bankruptcy, we can assist in delaying foreclosure by giving you enough time to secure other housing. Clients may reside in their homes for free during Chapter 7 bankruptcy proceedings. This will give you the opportunity to save money for your new abode. If you decide to file for Chapter 13 bankruptcy, there is an option for you to catch up on your mortgage. We can arrange this with the bank and have the arrangement outlined with the court. Once the appropriate documentation is filed for Chapter 7 and 13 cases, an automatic stay is executed against foreclosures.
Have a Plan
Sometimes, all you need is a plan to get through tough situations. Without a plan, it’s easy to slip down a rabbit hole. North Bay Bankruptcy Attorneys understands bankruptcy law forwards and backwards. We help you wade through legalize to get down to the facts. Enlist us to help you devise a plan to help you catch up on your mortgage payments within 60 months. If you plan on filing Chapter 13 bankruptcy, this option is available to you. After considering a variety of factors, it may be best to vacate your current home. If this is your best option, we will arrange for you to remain in your home mortgage free for the duration of the bankruptcy proceedings.
Flooding, rock slides, avalanches, mud slides and fires plague this part of the country. Under state law homeowners in California receive three months reprieve from mortgages during a natural disaster. If a fire damages your home in January, we will negotiate with your insurance and mortgage company to delay payment until April at the earliest. In some cases, we can negotiate a longer period of time. North Bay Bankruptcy Attorneys advocates for its clients under the most inauspicious circumstances with unwavering determination and success. We have achieved major victories for clients that have endured devastating flooding, rock slides and mud slides.
HAMP and HARP
It may seem like you’re in this alone, but we’ve got your back. You have a couple of things working for you: 1) the Federal government 2) successful bankruptcy attorneys. If you have been making payments toward your mortgage but are underwater, HARP can help. If you’re recently unemployed, experienced expensive medical bills and fallen on hard times, HAMP can help. HAMP stands for Home Affordable Modification Program and HARP is an acronym for Home Affordable Refinance Program. Schedule an appointment to speak with an attorney about your unique situation. Using either one of these programs, you will have access to financial relief.