Los Angeles Foreclosure Defense Lawyer

Keeping Your Home

There are many defenses against home foreclosure. However, some of these defenses, while successful in halting foreclosure, will not enable you to stay in your house. If you are intent on keeping your home, available foreclosure alternatives include:

• Loan Modification – Your lender may agree to modify the terms of your loan in an effort to bring your monthly payments to a more affordable level. You may be able to negotiate the individual modification of your interest rate, principal balance, loan length, or a modification of all three.
• Bankruptcy – Filing bankruptcy will place an immediate stop-action on foreclosure proceedings against you. Depending on the terms of your home loan, you may be able to keep your house by eliminating your unsecured debt in a Chapter 7 filing, or by reorganizing your debts in a Chapter 13 payment plan.

A Los Angeles foreclosure defense lawyer at the Law Office of J. Arthur Roberts is available to help you if your lender is threatening foreclosure. Our firm has 20 years of experience in addressing bankruptcy and foreclosure cases, and we have helped a large number of clients successfully eliminate their debt and avoid the loss of their house. We understand the vital importance of being able to keep one's home, and we will provide you with aggressive legal representation that designed to make that happen for you.

When to Keep Your Home

If you possess a mortgage that you simply cannot afford, keeping your house may not be the best option for you, even if you do take advantage of the benefits bankruptcy has to offer. However, if by eliminating your debt or reducing your monthly payments you are able to regularly make your mortgage payments, bankruptcy may provide you with the solution you are looking for.

Contact a Los Angeles foreclosure defense attorney who will help you explore ways to avoid foreclosure and stay in your home.