Financial turmoil can turn your life upside-down. Before you know it, debt problems engulf you — you are several months behind on your mortgage and receive the dreaded foreclosure notice. This is happening to hardworking homeowners just like you across America. The government's answer for homeowners? Work with your lenders to modify mortgage obligations, and when that doesn't work, negotiate terms under the foreclosure mediation process. But lenders don't often help — You need to get solid advice from our office.
If you are facing mortgage foreclosure, talk with an experienced, reputable, and dedicated Connecticut bankruptcy attorney at The Law Offices of Neil Crane, LLC. Our law firm has helped homeowners throughout Connecticut since 1983. Contact our bankruptcy law offices in Hamden, Bridgeport, Waterbury, Rocky Hill, or Ridgefield by calling 888-249-3027 or 1-800-616-DEBT.
Stop Foreclosure and Confront Debt Problems the RIGHT Way
Given the government's and the banks' unwillingness to address the needs of hardworking homeowners in trouble, and the government's willingness to bail out the banking industry without addressing the needs of homeowners, Chapter 13 bankruptcy is the primary means to saving homes in default.
Despite the highly publicized "help for homeowners," mortgage modification and mediation have been uniformly judged as a colossal failure for Connecticut homeowners in need. Many experts agree that these so-called helpful programs run by banks for banks have increased the foreclosure problem that Chapter 13 bankruptcy can truly solve.
These "fake solutions" have been used to keep people away from the Chapter 13 bankruptcy system — the system that works for borrowers and puts a true economic halt to the abusive practices of banks who dread Chapter 13 and the powers it provides to homeowners with experienced Chapter 13 attorneys.
This cruel fact has been long known and well-documented throughout the media by factual data and accurate, anecdotal evidence. The false promises and guise of modification may be the single greatest contribution to foreclosure in America.
Obtain Effective Debt Relief Through Chapter 13 Bankruptcy
Chapter 13 is a composition for all creditors with provisions for the proper handling of all types of creditors' claims, be they secured, unsecured, priority, or just general unsecured claims. It covers all creditors of any kind in whatever state by prioritizing repayment and debt amounts in a manner which properly parallels the consumer's needs. Chapter 13 repayment plans pay homes before credit cards. Repayment plans focus on first mortgages and tax claims prior to general consumer debt, and helping homeowners catch up on mortgage payments and other debt over the course of a three- to five-year repayment period — enabling the homeowner to get finances back on track.
Contact Our New Haven Lawyers for Help Resolving Home Mortgage Problems
Discuss how our Connecticut bankruptcy attorneys can help you stop foreclosure and effectively save your home through Chapter 13 bankruptcy. We offer a free consultation. Please do not hesitate to call us today at 888-249-3027, toll-free 1-800-616-DEBT, or complete our online contact form to discuss your questions and concerns with an experienced New Haven attorney. We help clients with home mortgage problems throughout Connecticut.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.
