Experienced Albuquerque, New Mexico, Bankruptcy Lawyers
Bankruptcy as a Way to Stop Foreclosure
For many homeowners, the reality of losing their home is something they never imagined. A caring, skilled lawyer can help you stop foreclosure immediately by filing for bankruptcy. At William F. Davis & Associates, P.C., we offer potential clients the opportunity to ask questions and obtain information about saving their homes and bankruptcy law in a free initial consultation.
If you are in danger of losing your home, act now to save your home. Call the law office of William F. Davis & Associates, P.C. for help today: 505-243-6129 or 800-675-6129.
As long as you are able to keep up with regular monthly payments, including monthly past due amounts in the repayment plan, you can keep your home.
If your home is worth less than what you owe on your mortgage(s), surrendering your home to your secured creditor(s) may be the best option. The amount unpaid is called the deficiency. You may be able to discharge this deficiency debt and walk away from your home owing nothing.
If you have equity in your home and do not have the money to pay your mortgage, the bankruptcy trustee may sell the house to pay debts, including liens and tax debt. Bankruptcy allows you to control if or when you are going to leave your home, on your own terms. The answer to this question will depend on a thorough analysis of state and federal exemptions available to you.
Contact Us for Your Free Initial Consultation: 505-243-6129 or 800-675-6129
William F. Davis is one of a handful of lawyers who has earned certification as a legal specialist in business bankruptcy law in New Mexico; he has also consistently been designated as a BV-rated* attorney, a peer-reviewed designation for ethical and skilled bankruptcy legal counsel.
Call or e-mail us today to schedule your free initial consultation.
*BV is a registered certification mark of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards, and policies. Martindale-Hubbell is the facilitator of a peer review rating process. Ratings reflect the confidential opinions of members of the Bar and the judiciary. Martindale-Hubbell ratings fall into two categories - legal ability and general ethical standards.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.