Helping You Understand How Bankruptcy Affects Home Ownership in Florida
If you are overwhelmed by significant financial debt and are worried about losing your home to foreclosure, discuss your concerns with our knowledgeable and experienced Miami bankruptcy attorneys at Ferrer Shane, PL. We understand that this time can be confusing and scary and that you may think there is nothing to be done. However, you do have options. Call us at 305-262-2728 to learn more in a free consultation.
Filing Bankruptcy May Provide You the Relief You Need From Losing Your Home
One of the most frequent questions our new bankruptcy clients ask during their initial consultations is whether filing bankruptcy can save their home. The honest answer is, "It depends." Numerous circumstances factor into it, including the amount and type of debt you owe, your ability to make any payments at all and your goals.
For individuals or families with excessive debt involving cars, real estate, credit cards, medical bills and other such debt, bankruptcy may be just what they need to eliminate their unsecured debt. Once the unsecured debt is wiped away, these people are able to then make timely payments on their home, which would help them avoid a short sale or foreclosure.
For individuals whose debt solely stems from home mortgages, including second mortgages and other liens, bankruptcy may not be the proper solution. However, it can be a useful tool to apply at the correct time during the foreclosure process, as long as you are guided by an experienced bankruptcy lawyer.
Contact Our Miami Law Firm Today for More Information
If you would like to learn whether bankruptcy can help you save your home, contact our Miami law firm online or call us at 305-262-2728 to schedule your free consultation. We will sit with you to gain a comprehensive understanding of your situation, review your finances and provide you with the options that best fit your needs.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
