Stop Foreclosure

Memphis Lawyer Fighting to Stop Foreclosure

In today's unsettled economy, more and more homeowners are facing the threat of foreclosure. Through no fault of their own, some have found themselves falling so far behind in mortgage payments that they feel there is no hope to keep their home. They are dealing with aggressive creditors who seem willing to go to any length to get a quick payoff.

At the Law Office of Joseph A. Livesay, Sr., we offer real answers and real help to stop foreclosure and repossession and fight any liens against your home or other property. To learn more about stopping foreclosure by filing for a Chapter 13 bankruptcy without losing your home or through other proven methods, contact our firm in Memphis today.

Take Immediate Action to Stop Foreclosure

If you have received a foreclosure notice, it is vitally important to consult an experienced lawyer immediately. Unless otherwise stated in the terms of your mortgage, you have between 21 and 30 days to stop foreclosure. Immediate action is required.

It is the job of attorney Joseph A. Livesay, Sr., to relieve some of your family's stress and stop the threatening letters and harassing phone calls from the bank, collections agency or repo man so that you can make the best decisions as to how to move forward to protect your house, prevent the repossession of your car and avoid foreclosure.

Foreclosure Prevention Options

One of the options available is to renegotiate your mortgage. With the help of a knowledgeable lawyer, you may be able to negotiate temporary interest-only payments or even a reduction in the principal of your loan, assuming that the value of your home has significantly decreased.

If you have a job or other regular income, you may choose to file for bankruptcy under the Chapter 13 wage-earners' debt reduction and repayment plan, which will allow you to pay back what you owe over a 60 month period. Your ongoing mortgage payments will be paid through your Chapter 13 Plan.

If you don't have a job or the math simply won't work out to allow you to continue paying your mortgage, we can still stop foreclosure immediately by filing for Chapter 7 bankruptcy. This will give you a short time to determine if you can catch up the missed payments or simply give the home back without owing any other money to the mortgage company.

Get Foreclosure Help Now