Anderson Foreclosure Defense Attorneys
If you are concerned about losing your home, it is important to speak with an attorney as soon as possible to learn what you can do to avoid foreclosure. In many cases, you may be able to save your home and become current on mortgage payments again through a Chapter 7 or Chapter 13 bankruptcy.
At the law firm of Thompson & King, we have helped clients find relief from mortgage debt and other types of debt while providing foreclosure defense in South Carolina. We can help you consider your options and provide honest answers and advice about the foreclosure defense process. From our office in Anderson, we can assist you through the challenging matters of protecting your home and property.
South Carolina Home Foreclosure Lawyers
Chapter 7 is a liquidation bankruptcy that will eliminate credit card debt and other types of debt. An automatic stay will be created by filing, which serves as a temporary defense against home foreclosure. Additionally, people who file a Chapter 7 bankruptcy in South Carolina are often able to keep all of their property while receiving a fresh start. Chapter 7 may not provide an opportunity, however, to catch up with mortgage payments.
Chapter 13 bankruptcy is also a tool to help save your home from mortgage foreclosure. As with a Chapter 7, filing for a Chapter 13 bankruptcy puts an automatic stay into effect. This stay will stop the company from continuing to foreclose on your house. Chapter 13 payment plans are structured so that you can meet all of your living expenses first and then pay any surplus income to creditors.
Schedule a Consultation With Our Anderson Foreclosure Defense Attorneys
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.