How Can I Keep My Home?

If your personal finances are in shambles, your foremost concern is likely whether you can save your home. The truth is... it depends. But you shouldn't throw in the towel without exploring your options. Some options are a Ft. Lauderdale loan modification through the new Chapter 13 bankruptcy loan modification program. If you do not qualify for a loan modification, you may still be able to save your home by paying the mortgage arrears in an affordable payment plan through the Ft. Lauderdale Chapter 13 bankruptcy court. The bottom line is that you may still save your home!

At the Bankruptcy Law Firm of Clare Casas, our loan modification lawyers will put forth their best efforts to help you save your home.

We will walk you through your options with an eye toward achieving firmer financial footing and lasting financial health.

Many clients ask us, "Can I save my home in bankruptcy?" In many cases, filing a Ft. Lauderdale bankruptcy can help you save your home. In Chapter 7, your home will be immune from creditors under what is called the homestead exemption but have limited options for saving your home.

Chapter 13 offers more options for saving your home. You may be able to catch up on missed payments through an affordable repayment plan. You may be able to strip — that is, permanently eliminate — second mortgages, home equity lines of credit and homeowners association liens. And if your home is currently in foreclosure, filing bankruptcy will immediately stop the foreclosure process and give you time to pursue a Ft. Lauderdale loan modification or other options to save your home.

If your mortgage payments are simply no longer affordable due to job loss, divorce or other financial hardships, you may be able to save your house through a Ft. Lauderdale loan modification. Similar to refinancing, mortgage loan modifications lawyers can help make your payments much more affordable.

A new loan mortgage program in Ft. Lauderdale for those pursuing Chapter 13 bankruptcy provides an even more realistic option for obtaining an affordable mortgage. Many homeowners who do not qualify for a traditional loan modification may be able to take advantage of this new program. The program offers numerous protections — you may be able to reduce the principal on your mortgage, lower the interest rate and restructure your payments.

To learn more about whether you can keep your home, contact our foreclosure attorneys in Fort Lauderdale, Florida, and the surrounding areas at 954-327-5700 or contact us online.

Initial consultations are free. We offer reasonable fees and flexible payment plans; we believe money should not be a barrier to obtaining legal counsel. For your convenience, we are open evenings and Saturdays.

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