Stopping Foreclosure

San Antonio Stop Foreclosure Bankruptcy Attorney:

If you are in arrears in your mortgage payments, the lender has the legal right to foreclose on your property and take it away from you unless you can pay off the entire amount. However, if the debtor files a Chapter 7 or Chapter 13 bankruptcy petition, the court will immediately order an automatic stay which will instantly halt foreclosure and/or eviction proceedings. Over the years, the Law Firm of Fears Nachawati has helped thousands of clients and their families avoid foreclosure. Fears Nachawati offers a free case review to those who are facing foreclosure actions. In this free case review you will have the opportunity to discuss your case with a qualified Texas bankruptcy attorney. To schedule your complimentary case review, call our San Antonio office at 866-259-3002.

The Automatic Stay Halts Foreclosure Proceedings:

As stated above, the moment a client files for bankruptcy, the court issues an automatic stay order and creditors are forbidden to pursue any additional actions against you. The creditor must ask for permission from the bankruptcy court to continue any collection activity. The automatic stay is a federal law that was designed to give the debtor time to reorganize and get their affairs in order. While the automatic stay is in effect, the following collection actions will be stayed, or halted:

  • Foreclosure proceedings – lenders, creditors, mortgage companies, etc., may not proceed with foreclosure efforts during this time.
  • Judgments – judgments cannot be pursued during this time.
  • Property repossession efforts – must come to an immediate halt.
  • All civil legal proceedings against the debtor are stayed during this period.

The automatic stay is one of the most effective and potent legal tools in existence; it has helped prevent millions of Americans from losing their property in foreclosure proceedings. If you are at risk of losing your property, ask your attorney if a Chapter 7 or Chapter 13 bankruptcy is appropriate in your case.

Contact a San Antonio Bankruptcy Attorney for a Free Case Review to Prevent or Stop Foreclosure Proceedings:

Fears Nachawati is a highly respected bankruptcy law firm with offices in San Antonio, Austin, Fort Worth, Houston and Dallas. Fears Nachawati offers a free case review to persons who are experiencing foreclosure and debt problems. You will be able to discuss your particular circumstances with a professional, licensed Texas bankruptcy attorney. Your attorney will listen carefully, without judging you in any way. He will carefully assess your situation and explain the options that in his professional opinion are best for you. To schedule your free, confidential case review, call Fears Nachawati in San Antonio at 866-259-3002. Your consultation may take place over the phone or in person.