Protecting People's Homes Against Foreclosure

Few other debt-related events can be as emotionally damaging as losing your home to foreclosure. People's homes are much more than simply where they live. Your home reflects who you are and can feel like part of you. Your home may be filled with memories from beginning a marriage or raising children.

It can be incredibly hard to let go of your home. We understand that and can help you fight to protect it from foreclosure.

How Can Chapter 13 Help?

Chapter 13, like other chapters of the Bankruptcy Code, provides what is called an automatic stay. The automatic stay immediately halts all collection activities, including foreclosure. The automatic stay is not a permanent solution, but it will stop the process while we work to create a three- to five-year repayment plan that allows you to catch up on arrearages. The repayment plan is set to your ability to pay and is designed to leave you on solid financial ground when you are done.

Can You Cramdown A Mortgage?

You cannot cramdown a first mortgage, but you can cramdown a second mortgage if there is insufficient equity in your home to secure it. Stripping that second mortgage can be extremely beneficial to helping you keep your home and get a fresh start.

We Have Helped Thousands Of People Get A Fresh Start

At Vance P. Truman, Attorney at Law, in Medina, Ohio, we have been helping people find the right debt solutions for their individual situations for more than 20 years. During those decades of service, we have helped thousands of people fight to protect their homes against foreclosure. We know how much people's homes mean to them, and we offer skilled and experienced representation that can help guide you through the most difficult situations.

If you are facing the possible loss of your home, we can help. Call 330-591-4729 or contact us online for a free initial consultation with our foreclosure defense attorney.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.