[GRAPHIC: www.JonBeatyLaw.com, Jon D. Beaty, Attorney at Law, 219-961-2126, 866-585-0082, 9717 Prairie Avenue, Wray, IN 46120]
JEFFREY BEST: When you receive a notice of foreclosure, that's the first step in you possibly losing your home. A common reason people face the possible loss of their homes is the fact that they've started to become delinquent, or late, on their mortgage payments.
We recognize that when people are faced with the possible loss of their home, it is an extremely stressful situation for them. Possible foreclosure affects the entire family.
The filing of a bankruptcy petition will stop the foreclosure process on a home. The typical bankruptcy chapter to stop foreclosure of a home is the Chapter 13 reorganization plan.
I've been handling bankruptcy cases for individuals for more than 15 years. When clients come to see us regarding the stressful situation of losing their home, our goal is to instill confidence. And we work with them and assure them that if there's a possible way under the bankruptcy code to save their house, we'll help them do that.
[GRAPHIC: www.JonBeatyLaw.com, Jon D. Beaty, Attorney at Law, 219-961-2126, 866-585-0082, 9717 Prairie Avenue, Wray, IN 46120]