The recession has affected many hardworking people who tried to make the right decisions about real estate. Many of the people affected bought property when the real estate market was booming, only to discover that they were underwater on mortgages they could not afford when the bottom fell out of the real estate market.
At Campbell & Coombs, P.C., our Mesa foreclosure lawyers represent people throughout Arizona struggling to resolve their debts. Our clients include property owners fighting foreclosures on vacation or rental properties, the owners of raw land that lost value before being developed, and homeowners who did everything — including exhausting personal savings accounts and 401(k)s — to keep their homes.
We understand what you have been through and we know that it is possible to work hard, make the right decisions, and still end up with unmanageable debt. Our lawyers can help.
Filing for bankruptcy puts an "automatic stay" to foreclosure proceedings. The foreclosure stops and is rolled into the bankruptcy proceeding.
This means that:
In many cases, filing Chapter 7 bankruptcy can delay the foreclosure by a number of months. You may also be able to save your home by filing for Chapter 13, Chapter 11 or Chapter 12 bankruptcy. There is no one-size-fits-all solution, so we take the time to talk with you about your options. We personally tailor an approach that is right for you and your family.
Avoid home foreclosure through bankruptcy. Our attorneys can help you understand your options and work closely with you to find ways to save your home and reduce your overall debt.
To get started, contact us at (480) 568-2333.