{"id":4054,"date":"2024-02-19T01:59:28","date_gmt":"2024-02-19T09:59:28","guid":{"rendered":"https:\/\/provencherandflatt.com\/?page_id=4054"},"modified":"2024-02-26T02:10:17","modified_gmt":"2024-02-26T10:10:17","slug":"stop-foreclosure","status":"publish","type":"page","link":"https:\/\/provencherandflatt.com\/stop-foreclosure\/","title":{"rendered":"Stop Foreclosure in Santa Rosa, California"},"content":{"rendered":"
How do you stop foreclosure in Santa Rosa, California? Foreclosure is losing your home<\/b> if you cannot keep up with your mortgage payments. In Santa Rosa, like many places, different things can lead to this action. Knowing what these are can help you avoid it. Stopping foreclosure is crucial because losing your home is the worst. It is stressful and throws your life off track. Foreclosure can also hurt your credit score badly. That will make it harder for you to borrow money later. It will also take years to fix that score. Even worse, the bank might sue you if the sale does not cover your full loan. Plus, the forgiven debt from foreclosure could be taxed, meaning a huge tax bill. <\/p>\n Facing foreclosure can be scary, so we break down the key steps below:<\/p>\n Chapter 13 bankruptcy could be an option if you are struggling with your mortgage or facing foreclosure. It lets you pause the foreclosure and catch up on missed payments over time through a court-approved plan. The plan usually takes three to five years to complete.That might even mean eliminating some extra debt attached to your house, although that is less common nowadays. However, it only works if your house is worth less than you owe. Some courts have special programs to help you work things out with your lender.Sometimes, people have trouble making their mortgage payments. To help them avoid losing their homes, mortgage companies offer special programs called “loss mitigation options.” These programs give borrowers a chance to catch up on missed payments or adjust their loan terms to make them more affordable.Mortgage companies must review applications for these programs within a month. There are also special government loans available with lower interest rates. If you’re struggling with your mortgage, talk to a local housing counselor to learn more about your options.Note that there are also a few catches on filing Chapter 13: <\/p>\n These rules ensure people do not use bankruptcy repeatedly to avoid foreclosure. You can keep your home if you complete your Chapter 13 plan and catch up on payments.<\/p>\n There are some other options available to stop foreclosure:<\/p>\n Choosing the right bankruptcy attorney is crucial. Here are reasons why you should choose Embolden Law PC:<\/p>\n Our law firm presents a compelling choice for individuals and businesses seeking experienced, comprehensive, and client-focused legal representation in the Santa Rosa, CA, area and beyond.<\/p>\n Are you stuck with endless bills and creditor calls? You are not alone. Dealing with mountains of debt can be scary and stressful. But the good news is that there are many ways to stop foreclosure! Other than filing for Chapter 13 bankruptcy, you can also resort to loan modification, forbearance agreement, short sale, and many more!Our experienced Santa Rosa bankruptcy lawyers<\/a> have decades of helping individuals and businesses just like you. Whether you are filing for bankruptcy or facing a lawsuit, we are here to guide you through the legal process quickly and efficiently. Our goal is to get you the best possible outcome to put your financial worries behind you.Other than the wage earner\u2019s plan<\/a>, we also handle liquidation plans<\/a> and reorganization bankruptcy<\/a>. Let us work together and stop foreclosure! Get a free phone call with our attorneys today.<\/div>\n <\/span><\/p>\n Facing Foreclosure? Don’t Panic, Take Charge! How do you stop foreclosure in Santa Rosa, California? Foreclosure is losing your home if you cannot keep up with your mortgage payments. In Santa Rosa, like many places, different things can lead to this action. Knowing what these are can help you avoid it. Stopping foreclosure is crucial […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/provencherandflatt.com\/wp-json\/wp\/v2\/pages\/4054"}],"collection":[{"href":"https:\/\/provencherandflatt.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/provencherandflatt.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/provencherandflatt.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/provencherandflatt.com\/wp-json\/wp\/v2\/comments?post=4054"}],"version-history":[{"count":2,"href":"https:\/\/provencherandflatt.com\/wp-json\/wp\/v2\/pages\/4054\/revisions"}],"predecessor-version":[{"id":4056,"href":"https:\/\/provencherandflatt.com\/wp-json\/wp\/v2\/pages\/4054\/revisions\/4056"}],"wp:attachment":[{"href":"https:\/\/provencherandflatt.com\/wp-json\/wp\/v2\/media?parent=4054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Quick Summary:<\/b><\/h3>\n
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How Does Foreclosure Play Out?<\/b><\/h2>\n
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Chapter 13 Bankruptcy as a Solution to Foreclosure<\/b><\/h2>\n
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What Alternatives Exist to Prevent Foreclosure?<\/b><\/h3>\n
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Why Do I Need a Bankruptcy Attorney in Santa Rosa, CA?<\/b><\/h2>\n
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Call our Bankruptcy Attorney in Santa Rosa, CA, Now!<\/b><\/h2>\n
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