San Jose Attorney for Foreclosure Assistance
San Jose Bankruptcy Lawyer Serving Santa Clara, Sunnyvale, and the Bay Area
With the loss of a job or a change in the housing market, debts can easily spin out of control. If you are unable to pay your bills and are facing foreclosure on your home, you need the help of a knowledgeable local bankruptcy and loan modification attorney.
Gemma V. Reyes, Attorney at Law, will give you straightforward answers — from what to expect when facing foreclosure, to how to pursue a loan modification to addressing all of your concerns about filing for bankruptcy. Gemma V. Reyes is a San Jose bankruptcy and foreclosure attorney who represents clients in need of debt relief and protection.
If foreclosure is on the horizon, contact our bankruptcy law firm to speak to a lawyer about your loan modification options and other debt relief options.
San Jose Foreclosure Attorney Finding the Right Solution to Your Mortgage Debt
Your home is likely your most significant investment. The prospect of losing your home in foreclosure is overwhelming. However, you may have options that will enable you to avoid or stop foreclosure and deal with other debt problems.
If you are facing foreclosure, filing for bankruptcy might allow you to stay in your home. When you file, the bankruptcy proceeding can stop foreclosure by stalling or postponing the trustee sale on your primary home. You may not, however, be able to keep investment properties unless you are capable of maintaining payments.
Chapter 13 bankruptcy allows you to consolidate your delinquent mortgage obligations into your Chapter 13 debt repayment plan. This provides you with a reasonable period to catch up on delinquent payments while also maintaining current payments. Additionally, under a Chapter 13 bankruptcy, you may be eligible to strip a second mortgage if your home is valued less than the amount owed on your first mortgage.
San Jose Foreclosure Loan Modification Attorney
If you file for Chapter 13 bankruptcy in an effort to keep your home, attorney Reyes will negotiate with your lender to reduce your loan payments and modify your mortgage. The combination of lien stripping, reducing interest rates and possibly even reducing principal can make an unmanageable mortgage once again within your reach.
At our bankruptcy firm, we can help you understand your debt relief options. Whether you are filing for Chapter 7 or Chapter 13 bankruptcy, we will work to keep you in your house and get you the debt relief you need.
Contact a skilled San Jose foreclosure lawyer online or call 408-292-6289 to set up an informative initial consultation.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.