College Park Foreclosure Lawyer

Helping Clients Keep Homes in College Park, Stockbridge, and Newnan

When you and your family have been dealing with an overwhelming amount of financial debt, it can lead to a variety of unfortunate circumstances, such as foreclosure. If you are facing foreclosure and are not sure what to do or who to turn to, seek the legal services of a foreclosure defense attorney in College Park for trusted legal advice. Here at The Bankruptcy Law Group LLC, we have over 15 years of experience helping individuals and families keep their homes. See what our firm can do for you.

How Can Bankruptcy Stop Foreclosure?

Although choosing bankruptcy can be a difficult decision and even considering the option can be overwhelming, filing for bankruptcy can end foreclosure.

Here's how bankruptcy stops foreclosure:

• The moment you file for bankruptcy, an "automatic stay" is issued.
• This order puts a stop to all collection activities (including foreclosure).
• Creditors are not allowed to contact you.
• Filing for bankruptcy gives you time to reorganize or discharge your debts.

We know that losing your home can be stressful. Whether you are struggling to make your mortgage payments or have creditors threatening to foreclose, the sooner you take action, the better your chances are of keeping your home. Opting for bankruptcy can be difficult, but our goal to make this experience as stress-free as possible for you.

What Are the Stages of Foreclosure?

Have you missed your mortgage payments for several months? If so, it is likely that your lender will foreclosure on your property and take it back. Foreclosure is different in every state -- below is an overview.

Here’s how foreclosure works:

• Payment default happens when you miss one mortgage payment.
• You will receive a demand letter after two missed payments.
• You will receive a Notice of Default after 90 days of missed payments.
• If you are unable to negotiate or settle payments with the lender after an additional 90 days, the property will go on sale at a public auction for 3 weeks.
• During the trustee’s sale, the property is awarded to the highest bidder and they may possess the property immediately.
• If it’s not sold, the lender will own it and may try to sell it with the help of a real-estate-owned asset manager.
• After the property is sold, you will be evicted from the property.

Reasons To Choose Our Firm

• ​​​We provide free consultations
• We have an impressive track record of success
• We are available 24 / 7 for our clients
• We are backed by over 15 years of experience
• We prioritize our client's satisfaction above all else

College Park Foreclosure Attorney Serving Clients Across Atlanta

There are a number of possible options that we may discuss with you in order to fight your foreclosure case, including bankruptcy protection, negotiating with your lenders, or modifying your mortgage terms. If you would like to speak with an attorney about all your options and figure out which one fits your unique situation, you have come to the right place. We are dedicated to using our knowledge and experience to help you and your family get through this difficult time. To give you a chance to weigh your options at no cost, we would be happy to offer you a free consultation.