St. Louis Foreclosure Defense

A St. Louis Chapter 13 bankruptcy is the primary tool for defending against a foreclosure proceeding by a bank or lending institution. This kind of filing allows you to get caught up on the amount you have fallen behind by in a repayment plan that is spread out over several years. This is far easier than trying to come up with one lump sum to prevent a St. Louis foreclosure from happening.

For most people, the purchase of a home is a very memorable event in life. It more often than not represents the largest investment we will ever make, and is usually only attainable after years of working hard, saving, and searching for the right fit. The fondest memories we have almost always involve life at home, especially the precious moments spent with family, friends, and neighbors. And a St. Louis foreclosure attorney can keep your home safe.

But one of the harshest realities of the recent economic recession has been the decline of the housing market. As a result of this downturn, our country has experienced record-breaking levels of home foreclosures. Of course, these St. Louis foreclosures did not occur without the owners first doing everything they could to hold on to their home. Some people spend a year or more trying to work out a modification with the bank, refinance the loan, or even rent out an upstairs room. These efforts to protect the family investment are courageous, but the mortgage company will only allow a short period of time to get caught up on payments that you may have fallen behind on. After this period of time elapses, they move forward with the St. Louis foreclosure process.

This does not have to be the case. There are other alternatives to save your home. The St. Louis bankruptcy lawyers at The Bankruptcy Company have stopped hundreds of foreclosures from going through, while giving families a chance to catch up on their mortgage payments. By stopping the banks from foreclosing on your real estate, our St. Louis bankruptcy attorneys can create a plan in which sensible payment arrangements are made to make sure that the mortgage is brought current.

Our firm understands the emotional attachment you share with your home. We are all members of a family here, too. If your goal is to keep and save your house, then that is our goal as well. Even when the loss of your residence seems inevitable, our St. Louis bankruptcy lawyers have the experience and skill to make that goal a reality.

Call us at (314) 932-1067 or contact us through our website The Bankruptcy Company to set up your free consultation with our experienced St. Louis bankruptcy attorneys.