Practice Areas

Home Foreclosures

Michigan Foreclosure Prevention Attorney

Receiving a notice of impending foreclosure can be a very alarming experience. If you have received a notice of foreclosure, it is important to act now and consult with an experienced attorney to understand your options.

The bankruptcy lawyers at Acclaim Legal Services can help. Contact our debt relief law office today for a free initial consultation to discuss your options to stop foreclosure.

At Acclaim Legal Services, we are dedicated to helping families and individuals obtain debt relief and a financial fresh start. Keeping up with mortgage payments can be impossible if you had a temporary loss of income, have costly medical expenses, or have accumulated uncontrollable debt. As experienced bankruptcy lawyers, we want to help you understand foreclosure prevention options and services available to protect your home ownership.

How Can Filing Chapter 13 Help Stop Foreclosure?

Filing for bankruptcy under Chapter 13 will automatically stop the foreclosure sale on your home (as long as it is filed prior to the sale occurs) and allow you to create a customized repayment plan that works within your budget. Even though Chapter 13 is designed to allow long-term repayment while in the plan, you still have the option to sell or refinance your home and complete the program early.

Chapter 13 bankruptcy enables you a lengthy period of time to stabilize your financial situation, catch up on mortgage payments, and keep your home. You will not be subject to late fees or interest and will have the flexibility to ensure the repayment plan is manageable.

The program will also consolidate and typically eliminate a portion of the unsecured debts through the plan. These debts frozen at 0% interest and will be deferred until your secured debt obligations (mortgage, vehicle payments, etc.) are brought current. Because your budget and debt obligations are considered in a comprehensive plan, you won't be scrambling at the end of each month to determine which creditors to pay. The plan will provide for an organized repayment of all your creditors that is clearly communicated to all interested parties. The goal is that at the end of the repayment program, all secured debts will be brought current, you will be free of any and all unsecured debt obligations and your credit will be back on track.

If you are concerned about how life after bankruptcy will be affected, it is important to remember that a Chapter 13 bankruptcy repayment plan will help re-establish your credit and move you towards a debt-free existence..

As experienced bankruptcy and foreclosure prevention lawyers, we can help you determine if bankruptcy is right for you or if alternatives to bankruptcy may be an option.

Stop Foreclosure. Protect Your Home.

Contact the bankruptcy attorneys at Acclaim Legal Services to discuss how we can help you achieve peace of mind and financial security. Call 866-261-8282.

Acclaim Legal Services is a debt relief agency serving people in Wayne, Oakland, Macomb, Livingston, St. Clair, Genesee, , Jackson County, Lenawee County, Monroe County, Sanilac County, Lapeer County, Shiawassee County and Washtenaw Counties including Detroit, Livonia, Flint, Southfield, Pontiac, Mt. Clemens, Warren, Royal Oak, West Bloomfield, Troy, Ann Arbor, Dearborn, Sterling Heights, Ypsilanti, and Farmington Hills. We help people file for bankruptcy relief under the Bankruptcy Code.