Under federal law, we are designated as a debt relief agency. We help people file for bankruptcy under the Bankruptcy Code.
FORECLOSURE DEFENSE IN BANKRUPTCY CASES
Foreclosure is the process in which a bank takes title to real estate from the owner to satisfy a debt. If you've become behind in your mortgage payments as part of your challenges with debt, it is possible your mortgage company could begin foreclosure proceedings against you.
Regardless of whether you intend to file Chapter 7 or Chapter 13 bankruptcy, once you have officially filed, foreclosure proceedings are immediately suspended.
Pratt & Wall, Attorneys at Law, frequently helps bankruptcy clients preserve their ownership of their home. Our firm knows federal and state bankruptcy provisions and can provide you with sensible, candid advice about your financial options.