Denver Bankruptcy Attorneys Fighting Foreclosure and Repossession
If you have received notice of repossession on your car or other property or a sale date has been set on your foreclosure, immediate action is required. Bankruptcy may be an effective way of stopping foreclosure and repossession, but there is limited time in which to conduct the proper assessment and file the necessary paperwork. You need the help of a highly experienced and knowledgeable attorney today.
At the Colorado law firm of Greenwald & Hammond, our bankruptcy and foreclosure lawyers can help. We serve the needs of individuals and families who are caught in overwhelming debt in communities like Aurora, Greenwood Village, Lakewood, Arvada and Boulder. Contact our offices in Denver today for a free consultation.
Should You File for Bankruptcy to Stop Foreclosure?
It is a very personal decision. Much depends on your specific income and the amount of your mortgage and any arrearages, fines and late fees you may have accumulated. At Greenwald & Hammond, we can help you take a look at the big picture. We can help you examine the facts, determine what you can afford and make an informed decision as to whether it is worth it in the long run to file for bankruptcy or to let the foreclosure proceed.
Alternatives to foreclosure when Bankruptcy is not the best option:
Sometimes bankruptcy may not be the best option when an individual is threatened with the possibility of foreclosure. The attorneys at Greenwald & Hammond offer several solutions to prevent foreclosure without the need to file bankruptcy. Often times a loan modification can reduce the burden of mortgage arrearages or reduce monthly payments in times of hardship. An experienced attorney will negotiate with your mortgage lender to achieve a loan modification. Having an attorney on your side to negotiate a mortgage modification can alleviate much of the aggravation and help avoid the pitfalls that so many people encounter when dealing with their mortgage company.
If your home is simply not affordable, our attorneys can assist with negotiating a short sale or deed in lieu of foreclosure, in order to avoid a foreclosure altogether.
When is the Best Time to Contact a Lawyer?
Many of our clients wait until they have received official notice of repossession or foreclosure to call us. While we can certainly help in these cases, there are often options available before it gets to that point.
Few people are completely surprised when their home goes into foreclosure. If you know things are getting out of hand and you may face foreclosure or repossession in the future, now is the time to discuss your situation with a lawyer who can help you take important steps to protect your property and your credit rating.
It is important to keep as many options on the table as possible. The best way to do that is to consult an experienced lawyer early in the process. Contact Greenwald & Hammond today for a free, informative and confidential consultation.
