If your Arizona home is in the process of being foreclosed, we may be able to help you in a number of different ways. You may be able to obtain a modification of that loan outside of bankruptcy. A Thomas Law Office attorney can help you navigate through the often frustrating process of obtaining a modification of your Arizona home loan or Arizona investment property loan. Alternatively, we may be able to help you to stop the foreclosure in its tracks by filing an injunction or other legal document the Maricopa County Superior Court. Usually, though, most homeowners facing foreclosure will want to give strong consideration to the relief they can obtain in the Arizona bankruptcy court.
Phoenix, Arizona Bankruptcy Attorneys
By filing a chapter 13 bankruptcy in the Arizona bankruptcy court, you can force your mortgage lender to accept payments over the course of the bankruptcy case. In order for this to work, we need to analyze your finances to determine whether you will have sufficient funds that can be used to pay the mortgage arrearage back over the course of your Arizona bankruptcy case. During your first visit with a Thomas Law Office attorney, we will carefully examine your situation to see if we may be able to structure a successful repayment plan. Countless Arizona homeowners have used the chapter 13 process to buy time and undo an arrearage that accumulated due to circumstances beyond their control. But even if you don’t want to file a chapter 13 bankruptcy, we may be able to get you some additional time in your home even through the filing of a chapter 7 case in the Arizona bankruptcy court. Call our office to make an appointment for a bankruptcy consultation so that we can sit down with you and figure out what makes the most sense in your particular situation.