An attorney at Jacoby & Jacoby may be able to help save your home from foreclosure. If your lender has threatened foreclosure or if you have been served a notice of foreclosure, an attorney at Jacoby & Jacoby can help. It is important to remember that you have options. By consulting an attorney at our firm, we can thoroughly review your situation and determine what can be done so losing your home isn’t your only option.
These are trying times for many homeowners throughout New York. Adjustable rate mortgages and subprime loans have left many homeowners unable to pay their mortgage, and facing foreclosure.
Jacoby & Jacoby is a New York law firm that is dedicated to helping clients who are facing overwhelming debt and foreclosure. A Chapter 13 bankruptcy may be a viable option if you are facing foreclosure, as it can immediately stop foreclosure proceedings and allow you to pursue a payment plan, where you can keep your home. A Chapter 7 bankruptcy may also be an option to explore if your home is entering foreclosure. When you file for bankruptcy before the final foreclosure deadline, the lender has no choice but to stay foreclosure proceedings until given approval by the Court to resume.