Getting Rid of Your Mortgage Loans in Bankruptcy
The recent housing crisis has put a lot of pressure on homeowners in Arizona. If your first mortgage costs twice as much as the house itself, you are in trouble. If you have high monthly payments and no income, you are in trouble. Luckily, these problems have solutions and an experienced bankruptcy lawyer can help.
We are dedicated to helping individuals across Arizona find solutions to their mortgage loan debts through bankruptcy. Whether you want the immediate relief of Chapter 7, the asset protection of Chapter 13 or relief for your family farm through Chapter 12, we can help.
Your Home and Bankruptcy
Bankruptcy affects every person differently. Sometimes, people find a way to keep their house, if they can afford to make some of the payments. In other situations, people choose to let go of their homes in order to protect their long-term financial goals.
If you have zero equity in your house, or negative equity, you may be better off renting a house instead of making astronomical monthly payments to stay in a house that is basically owned by the bank.
In the end, what you choose to do with your mortgage is up to you. Ben Wright will walk you through your complete range of mortgage loan options. If you want to stay in a house that is underwater with huge monthly payments, we will help you reach that goal. If you are ready to move on, we can help you do that too.
From our offices in Phoenix, we help clients through Arizona manage their mortgage debts and find relief through bankruptcy. Call (602) 648-3274 or contact us online today to schedule a free initial consultation and learn more.
We are a debt relief agency. We help individuals and businesses file for bankruptcy relief under the Bankruptcy Code.