When you are facing financial struggles, it can be difficult to know where to turn to get the help you need. Financial difficulties can lead to many devastating outcomes, including the loss of your home. The threat of losing your home to foreclosure can be overwhelming and frightening.
At Allmand Law Firm, our bankruptcy attorneys understand the stress that the threat of a foreclosure can bring, so we would work closely with you to help. A skilled Houston foreclosure defense lawyer could explain the foreclosure process, advise you of your rights and obligations, and help you make the most educated choices to improve your financial future as you move forward.
What Does the Legal Term Foreclosure Mean?
Foreclosure is the legal process by which a lender can take possession of your property. If you fall behind on making your regular payments on your mortgaged property, the bank or other lender who holds the mortgage on that property might be able to foreclose on your home.
As soon as you start to fall behind on your mortgage payments, you should proactively contact a skilled Houston attorney who could help you strategize on a defense strategy against a foreclosure. By discussing your legal options early, you might be able to prevent a foreclosure from happening. Even if the foreclosure process has already begun, it is still essential to reach out to a knowledgeable local legal team who could offer you valuable advice about your next steps as we guide you through the foreclosure process.
Possible Defense Strategies to a Foreclosure
Our seasoned Houston attorneys could review the details of your financial situation to help you devise the most effective defense strategy to a threatened foreclosure action. We have successfully helped many people defend against foreclosures through bankruptcy filings.
Bankruptcy May Be the Right Option
Although pursuing bankruptcy can seem like a daunting option, sometimes it can give you the best financial protection possible. Our experienced attorneys could help you determine if filing for bankruptcy protection under Chapter 7 or 13 would be helpful. If you decide to file for bankruptcy, a court would issue an automatic stay, which would stop any creditors from trying to collect on any debts. A stay would prevent your mortgage lender from immediately foreclosing on your home. In addition, depending on which form of bankruptcy protection you choose, the bankruptcy protection could help you liquidate or reorganize many of your debts. Our skilled attorneys include Reed Almand, the only double board-certified bankruptcy attorney in the state. Attorney Allmand has the following qualifications:
- Board Certified in Consumer Bankruptcy by the Texas Board of Legal Specialization
- Board Certified in Consumer Bankruptcy Law by the American Board of Certification
Because Allmand Law Firm has vast bankruptcy knowledge, we could help you determine whether pursuing bankruptcy is a viable option as a foreclosure defense.
Contact a Houston Foreclosure Defense Attorney
Facing foreclosure can be terrifying. You have likely put a great deal of time and effort into owning and maintaining your home, and the last thing that you want to happen is to lose your family home just because you fell behind on some loan payments.
If you are facing foreclosure, filing for bankruptcy could help protect your home as soon as possible. Do not delay. Contact a qualified and trusted Houston foreclosure defense lawyer at Allmand Law Firm today.
