Foreclosure Defense (how to keep your home in tough times):

If your home is listed for Foreclosure, or if you are worried about foreclosure, a Chapter 13 court protected repayment plan will stop the foreclosure immediately.  There are lots of methods that people try to stop their foreclosure– loan modification, forbearance, deed in lieu of foreclosure, or short sale.  But a Chapter 13 Plan is often the most effective way to allow you to keep your home and stop the foreclosure right-away.  In some instances, if you have a second mortgage that is unsecured, you can actually reduce the amount you owe on your home through a chapter 13 lien strip.

Most importantly, the laws of the state of Texas allow a mortgage holder or trustee to foreclose on your property without a court order and within as little as 30 days.  When it comes to protecting you and your family against foreclosure, time is of the essence!  If you ignore your situation, you will likely lose your home.  But, foreclosure can be avoided by implementing the proper strategy before things go too far.   I can help you understand the best way to keep your home while you struggle to pay your bills.  Learn more about foreclosure defense  here.  Then contact my office to discuss your options with an attorney to find out if a chapter 13 bankruptcy makes sense in your particular situation.

If you are dealing with the foreclosure of your home, please contact my office immediately via email or at (972) 914-8372 for a free, no obligation consultation.