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Stop Foreclosure

New Jersey Bankruptcy Lawyer

Don't lose your home and financial security. Filing for bankruptcy will stop foreclosure proceedings. Our bankruptcy attorneys at Minion & Sherman can assist in stopping foreclosure proceedings from moving forward by assisting with your Chapter 13 bankruptcy petition. In addition, we can help you keep your home and catch up on overdue mortgage payments and other debts in a Chapter 13 bankruptcy proceeding.

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Chapter 13 bankruptcy offers many benefits to help consumers regain control of their finances. Once you file for bankruptcy, the court orders an automatic stay that causes all creditor activity to cease — including a sheriff's sale of a foreclosed home. Chapter 13 bankruptcy allows you to consolidate your debt — including your defaulted mortgage payments — into a manageable repayment plan. Chapter 13 bankruptcy offers many benefits for debtors seeking debt relief solutions. Chapter 13 bankruptcy:

  • Effectively and immediately stops foreclosure proceedings
  • Spreads repayment of past due mortgage payments over a five-year repayment plan
  • Spreads repayment of all other debt over a course of repayment plan
  • Prevents additional default interest from accumulating
  • Enables you to keep your home, including any equity in your home

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If your home is in jeopardy of foreclosure, you must act quickly to preserve your interests. Our West Caldwell law firm offers a free initial consultation to explain your rights and how our bankruptcy lawyers can help. Contact us for experienced legal counsel in Essex County, Passaic County, and Morris County.