How To Stop Foreclosure
If you are facing foreclosure, filing bankruptcy can be an effective way to stop the foreclosure proceedings. For people filing for the first time, an automatic stay is put into place immediately, which can prevent you from losing your house.
Contact Jimmy E. McElroy & Associates for a free consultation. We serve clients throughout Tennessee and Mississippi.
What Is An Automatic Stay?
If this is your first time filing for bankruptcy, an automatic stay will immediately go into effect upon filing, stopping foreclosure actions, and preventing collectors from calling and harassing you. The stay will remain in place for a full period of bankruptcy.
If you have previously filed for bankruptcy, it is important to speak with our attorneys about your options. Your automatic stay may be temporary depending on your individual circumstances.
Foreclosure Prevention And Reversal
If we help you file bankruptcy just one minute before a scheduled foreclosure, your home will be protected. If your home is set to foreclose soon, we can expedite the filing process in order to stop it. Additionally, if you have already lost your house to foreclosure, we may be able to reverse it.
* We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.