An Experienced Massachusetts Lawyer on Your Side
Times are tough. Unemployment is rising. Home values have fallen. More and more people are experiencing financial hardship. Unfortunately, this means foreclosures and repossessions are on the rise.
If you are in this situation, a knowledgeable attorney can explain ways to stop foreclosure or repossession of your car. But time is not on your side.
At the Law Offices of Patrick M. Culhane, in Holbrook, Massachusetts, we understand that your home and vehicle are important to you. In addition to their practical purposes, they represent safety, freedom and all you have worked so hard to obtain. At our firm, we will work to help you protect them.
Bankruptcy Can Help Protect You
When you are facing foreclosure or repossession, you might reach out to your lender for help. Unfortunately, lenders tend to reject most loan modification offers after you have waited months for a response.
To stop a foreclosure proceeding or repossession action, you are better off filing for either Chapter 7 bankruptcy or Chapter 13 bankruptcy. Filing bankruptcy gives you an automatic stay, which constitutes immediate protection under the law. This means:
- Foreclosure proceedings are temporarily or permanently stopped
- Repossessions are stopped
- Creditor harassment must immediately end
While the principal on your first mortgage can't be reduced, second mortgages can sometimes be discharged. To learn more, call our office locally at 781-767-7350 or toll free at 888-667-5698.
You Are Not Alone
To learn how we can help you fight foreclosure or repossession, contact us online or call our office to schedule a free initial consultation with an experienced attorney.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
