What Happens To Real Estate When You File Bankruptcy?
Real estate is considered to be most people’s biggest asset. Your home is where you raise your family and the threat of losing your home (or other types of real estate) can be devastating. If you have fallen behind and need some breathing room to help you get back onto your feet, you may want to explore options.
One option you can look at is filing for bankruptcy. I am bankruptcy lawyer Gordon Mosley, and I have more than 20 years of experience helping people file for bankruptcy in Texas. You can come to the Law Office of Gordon Mosley with questions and expect to get the answers you need to make a smart decision for you and your family.
Keeping Real Estate And Filing Bankruptcy — What You Need To Know
If you are worried about losing your home, your business or real estate, you should explore debt relief options. Once you file for bankruptcy, it can:
- Stop home foreclosure: Chapter 7 and Chapter 13 bankruptcies will stop the foreclosure process.
- Stripping liens: There are many different types of liens, and with bankruptcy I may be able to help you file a motion to strip the lien.
- Modifying loans: Be sure to talk to a bankruptcy lawyer about loan modifications. Be wary of unfamiliar companies that advertise for loan modification services. It’s best to work with an attorney for these matters.
I also help small-business owners with commercial bankruptcy and related issues.
No Charge For The First Meeting
I do not charge for the first meeting at my firm. You meet directly with me, attorney Gordon Mosley, to discuss bankruptcy and your questions. Call 903-266-1843 or complete an online email form to get in touch with me. My office is located in Smith County and handles bankruptcy cases throughout all nearby areas.
My law office is a debt relief agency and helps people file for bankruptcy relief under the Bankruptcy Code.