Bankruptcy Foreclosure

Are You Facing Home Foreclosure in Virginia?

If you are behind on your mortgage and threatened with foreclosure, filing bankruptcy may be your best option for relief. Once bankruptcy is filed, an automatic stay is placed on all creditor actions, including foreclosure. This allows you time to review your situation and develop a plan to get a fresh financial start.

For most people, Chapter 13 bankruptcy is the best option to achieve debt relief while preventing foreclosure because it allows for a restructuring of debts into a single monthly payment. Often, this frees some additional income for mortgage payments. Additionally, any past-due mortgage payments can be restructured into the payment plan.

At Cravens & Noll, our bankruptcy foreclosure attorneys have experience with all facets of the bankruptcy law. We understand how bankruptcy works to relieve debtors of their downward spiral and get them back on their feet. As our client, we will carefully review your situation and advise on your options. While not all debt relief options end in saving your home, we are committed to obtaining the best outcome for your financial needs.

Our Bankruptcy Service Fees:

A Chapter 13 bankruptcy filing starts at $500 – $1049 or the initial filing plus $281 for court filing fees. If you are in danger of losing your home soon, we can rush the filing for $500. While these fees may seem costly, especially when you already in debt, you are paying for the benefit of having an experienced lawyer on your side. You can have the confidence that your needs are being taken care of the right way. You will not waste money on redoing work to compensate for mistakes.