Financial distress or hardship is difficult to navigate. For many people who filed bankruptcy, there was another option that would have been a better solution. Our company specializes in solving real estate problems for people who are in bankruptcy or who are just coming out of bankruptcy. If you ever find yourself facing a real estate dilemma or in need of financial assistance, our company may be able to help you. We will work for you and explore every option possible depending on your individual needs.
There are many reasons that can cause someone to consider filing for bankruptcy. Maybe you’re unemployed and unable to find work. Perhaps you’ve had unforeseen medical issues that have resulted in bills. Even divorce can mean major life changes in your financial stability.
How does filing Chapter 7 Bankruptcy affect your house? Homeowners will have to sell in order to pay off creditors. Why not save your credit and sell your house now in order to avoid damaging your credit?
How does filing Chapter 13 bankruptcy affect your house? You should know that a majority of homeowners in foreclosure file bankruptcy to buy time in their home. It’s a temporary solution, and often only prolongs the inevitable. Bankruptcy does not work for 95% of people because it does not get rid of the debt and you will end up owing even more money once the bankruptcy is over.
Avoid bankruptcy and save your credit.Disclaimer: This information should not be considered legal or financial advice. You should consult with an Attorney or financial professional to determine what may be best for your individual situation.