Struggling with mortgage arrears, loan default, or unfavorable loan terms? Many property owners are still faced with the threat of foreclosure, even as the real estate market has recovered. Bankruptcy represents a powerful tool in resolving these issues.

Bankruptcy May Allow You To:

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What To Expect in Bankruptcy:

If you consult with a qualified bankruptcy attorney, your attorney should be able to quickly explain the following:

  1. the available bankruptcy options (chapter 7 vs. 13, or chapter 11),
  2. whether you qualify for bankruptcy and whether you should file, and
  3. the likely benefits that bankruptcy may offer (examples: modify a mortgage, modify a vehicle loan, halt a repossession, stop a wage garnishment, halt a collection lawsuit).
Other Tools in Bankruptcy:

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