Finding your home in danger of being foreclosed upon is a situation no homeowner wants to find themselves in. Yet many homeowners can find themselves in this situation daily. If you do find yourself running the risk of being foreclosed upon, it is critical that you rely on the skills and expertise of an aggressive and experienced attorney. The Arlington TX bankruptcy attorneys at the Law Offices of David Kohm can help you find your way out of foreclosure today.
The first step in fighting foreclosure is properly understanding it. In Texas, you give the lender the power to sell your home if your loan falls into default through a clause called “Power of Sale.” What this clause essentially means is that your lender does not need a court order to foreclose upon your home, and once your loan slips into default, your lender can take immediate action.
By filing for Chapter 7 bankruptcy, you can successfully delay the foreclosure. You can also save your home with a successful claim of Chapter 13 bankruptcy. A reputable and reliable bankruptcy attorney can better map out your options when you find your home in danger of being foreclosed upon. We have handled countless cases such as these, and can utilize this experience to fight for your home today. For additional information regarding foreclosure in Arlington and the surrounding area, give us a call at 817-204-0900 or contact us online.