Your Home and Bankruptcy

Your Home and Bankruptcy

We Can Help You Save Your Home in Florida

If your home is in foreclosure or any other legal action, you are understandably nervous and anxious. Our homes are critically important to our lives, and losing a home can be catastrophic. If you are in danger of losing your home because you have fallen behind on your mortgage payments, you need an experienced legal team that will help you protect your home.

At Badgley Law Group, our lawyers have extensive experience handling bankruptcy and other debt relief solutions. Throughout Orlando and central Florida, we have helped countless clients protect their homes in the bankruptcy process. We understand all the various legal options available to you, so we can talk through the process with you and help you protect your home.

How Bankruptcy Can Help You Protect Your Home

There are numerous bankruptcy options that could help you save your home:

  • The automatic stay: Whether you file for a Chapter 7 or Chapter 13 bankruptcy, the automatic stay goes into effect as soon as you file your petition for bankruptcy relief. The automatic stay prohibits collectors and their agents from performing any collections actions against you throughout the duration of the bankruptcy proceedings.
  • Chapter 13 reorganization: Chapter 13, a debt reorganization option, is the primary bankruptcy option for people wanting to retain their homes or other valuable assets. By discharging some other unwanted debt and reorganizing your payment plans with the remaining lenders, many people have been able to retain their homes through the Chapter 13 bankruptcy process. If you have multiple mortgages, a Chapter 13 can allow you to strip the second and subsequent mortgages from your home.
  • Chapter 7 liquidation: While Chapter 7 is debt liquidation process, rather than a process of debt reorganization, it is sometimes possible to get caught up with the payments and keep the home. Often the automatic stay can give a lender enough time to get their finances more in order so that they can begin handling their home debts.

Our lawyers will meet with you, look at your financial records and help you determine the best course of action for saving your home.

It is important to know that there are often options available to avoid foreclosure and keep your home. If that option exists for you, our lawyers will find it.

Contact Us

To discuss your case with an experienced attorney in a free consultation, call us at 407-781-0420 or send us an email.

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