Hartford Foreclosure Lawyer

Facing foreclosure is incredibly difficult and emotional for homeowners. The possibility of losing your home is undeniably one of the most stressful and traumatic experiences in life. However, know that foreclosure is not inevitable. Acting quickly with an attorney can increase the chances of a favorable outcome. At Lawrence & Jurkiewicz, LLC, we understand the fear and uncertainty that can accompany financial difficulties. Our experienced attorney can help you explore options, such as Chapter 13 bankruptcy, that allow you to keep your home.

Options to Avoid Foreclosure

When faced with foreclosure, many homeowners feel trapped, believing there’s no way to save their property. At Lawrence & Jurkiewicz, LLC, we want you to know that options exist and that losing your home doesn’t have to be the answer. Solutions like mortgage modifications or state-funded assistance programs are often available, depending on your circumstances. Additionally, filing for bankruptcy, including Chapter 13, can offer a structured path to avoid foreclosure and regain control of your financial situation.

How Chapter 13 Bankruptcy Can Help

For Connecticut homeowners, Chapter 13 bankruptcy can serve as a lifeline when foreclosure is imminent. Filing for Chapter 13 not only halts the foreclosure process but also creates a repayment plan, enabling you to catch up on missed payments while keeping your home. This type of bankruptcy is particularly useful for borrowers who have experienced a temporary setback, such as job loss or unexpected medical bills, and now have the income to move forward.

The Automatic Stay and Repayment Plan

The filing of a Chapter 13 bankruptcy immediately triggers an automatic stay. This legal mechanism stops foreclosure proceedings, halts collection calls and prevents further legal action by creditors. This federal protection provides the breathing room you need to stabilize your finances without the constant stress of losing your home.

Under Chapter 13, the arrearage—your missed mortgage payments—can be reorganized within the repayment plan, alongside other debts. Spread over a three-to-five-year period, this plan allows homeowners to make manageable monthly payments based on their disposable income. However, it’s important to continue making current mortgage payments to ensure the plan remains intact.

Timeliness and Professional Guidance Are Key

When it comes to responding to foreclosure, timing is everything. Acting quickly can make a crucial difference in your available options and the likelihood of success. Waiting too long to address the issue may close certain doors and increase the risk of losing your home. That’s why it’s important to consult with experienced foreclosure and bankruptcy attorneys as soon as possible.

At Lawrence & Jurkiewicz, LLC, we bring decades of experience to the table. We understand the complexities of foreclosure law and bankruptcy proceedings. From assessing your unique situation to guiding you through Chapter 13 filings, we’ll provide comprehensive legal support so you can make informed decisions.

Contact Us to Learn How to Protect Your Home

The foreclosure process doesn’t have to end with losing your home—there are steps you can take to fight back. Lawrence & Jurkiewicz, LLC is here to help you explore your options and offer solutions tailored to your needs. Contact us today to schedule a consultation. We’ll work alongside you to protect what matters most.