Arkansas Lawyer Focusing on Foreclosure Prevention
A home is often one of an individual’s biggest assets. If you are threatened with losing your home to foreclosure, you need to know your legal options. Taking initiative and speaking to an experienced bankruptcy lawyer are in your best interests. The lawyers at The Holstine Law Firm will help explain your legal options so you can make an informed decision about your situation.
Located in Sherwood, AR, our firm focuses primarily on handling bankruptcy law matters. We also handle cases in other legal practice areas such as business law and Social Security Disability. We are proactive in seeking effective legal solutions and offer highly personalized attention to all our clients.
Can Bankruptcy Prevent Foreclosure?
Yes, you can prevent foreclosure through bankruptcy. By filing either Chapter 7 or Chapter 13 bankruptcy, foreclosure will stop. In a Chapter 7 bankruptcy, you are able to keep your home if you can get current with your mortgage arrearages. In a Chapter 13 bankruptcy, you have the ability to catch up on your payments over a three- to five-year period. Many people who want to keep their homes through bankruptcy choose to file for Chapter 13 bankruptcy.
At The Holstine Law Firm, we can help determine if bankruptcy is right for your situation and will go through a detailed explanation of the benefits of bankruptcy. Bankruptcy is a viable solution and will help you get back on your feet. Do not let common misconceptions prevent you from seeking legal advice. We are here to provide help, support, and guidance. We help you see the light at the end of the tunnel.