Grand Rapids Lawyer -- Home Foreclosure Help

Did You Default on Your Mortgage? Bankruptcy Can Help.

Are you behind on mortgage payments? Is the bank threatening foreclosure? Filing for bankruptcy stops all creditor actions and gives you the opportunity to keep your house, if that is what you choose to do.

At the law firm of David Andersen & Associates, P.C., in Grand Rapids, Michigan, we are board certified in consumer bankruptcy law. We understand consumer bankruptcy and how it can help people obtain financial relief without losing everything to creditors.

One of the first questions we ask our bankruptcy clients is "do you want to keep your house?" This will help determine whether they should file a Chapter 7 or Chapter 13 bankruptcy. It also aids our decision making during the bankruptcy process. Contact us at 616-784-1700 to set up a consultation. We will review your situation and help determine the best option for you.

Stop Foreclosure. Save Your House.

Chapter 13 bankruptcy is often the most appropriate option for debtors who are behind on house payments but want to keep their house and can afford the mortgage payments. Once the bankruptcy is filed, the debtor works with an attorney to consolidate their debt and develop a repayment plan that allows them to pay back missed payments and continue making current payments on their home. The plan will provide for the maintenance of the house payments, plus give the lender a little extra until the debtor is caught up and the house is brought current.

Let Go of Your House. Cancel the Debt.

Chapter 13 may not be appropriate for debtors who are out of work or too far behind on bills that they cannot afford to make monthly payments. Chapter 7 bankruptcy may be more appropriate for these individuals. Most cases involve a discharge of unsecured debt and the surrendering of the home is also an option. Debtors get a fresh start without the obligation of paying a mortgage they simply cannot afford.

We will review your case and complete a thorough budget analysis before deciding what chapter of bankruptcy is best for you. In either chapter 7 or chapter 13, most people have the option of either keeping the home or letting it go. Once we determine the best option, we will guide you through the process so you can accomplish your debt-relief goals.

Did you default on your mortgage? Get foreclosure help now! Call us now at 616-784-1700 to discuss your case in a free consultation with an experienced bankruptcy lawyer.