North Charleston Stop Foreclosure Lawyer

Stopping Foreclosure and Auto Repossession Actions

When you think about the American dream, owning a house and a car are almost always near the top of the list. You worked hard to get them, and facing the possibility of losing them because you have fallen behind on the payments can be devastating. It may be possible to stop foreclosure and repossession activity by filing for bankruptcy.

Be sure you consult with an experienced bankruptcy lawyer to fully understand your rights in these situations. At the North Charleston, South Carolina, based Steadman Law Firm, P.A., we work hard to help our clients save their property and get back on the right financial path through Chapter 7 and Chapter 13 bankruptcy filings.

Working to Save Your Property

An automatic stay is issued as soon as your bankruptcy petition is filed. The automatic stay puts an immediate stop to all collection activity, including foreclosure and repossession actions. Depending on the type of bankruptcy you choose, you can either repay your debt over time or sell your nonessential assets to pay back your creditors. In either case, the law allows you to keep your car and your home as long as you can afford to make the payments.

For homeowners seeking alternative solutions to bankruptcy, you may be able to seek a mortgage modification on your home loan. We can work directly with your lender to agree on terms and payments that better fit your financial situation. Your attorney will pursue every option possible to help you find the debt relief you need.

Call to Schedule Your Initial Consultation

Contact our office today to discuss your options for stopping foreclosure and for answers to questions concerning repossession. We are available during regular business hours and by appointment at other times. For your convenience, we offer payment plans for our clients who need them.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.