A bad time in the life of a family or an individual will occur when the finances are in disarray to the point where the house will be lost. With the economy being somewhat unstable, more and more people are approaching the possibility of having their home foreclosed on, leaving them homeless. There is an attorney who helps clients facing Foreclosure in Hamilton OH by offering to show them debt relief solutions. Here are some of these solutions that people may want to take advantage of to avoid foreclosure.
Ways to Avoid or Deal with Foreclosure
By the time a person reaches the stage in his or her relationship with the mortgage lender that the home is about to go into foreclosure, a lot of time has passed with the mortgage being unpaid. This is a time when a person may want to consider filing a Chapter 13 bankruptcy, which is a viable option to help avoid foreclosure. Through the Chapter 13, the debtor’s debts are repaid through a court-ordered reorganization of the debts so that every creditor possible gets something. This type of bankruptcy is used to help the debtor keep the home as long as the arrears are brought current.
More on Options an Attorney Can Help Clients Make for Foreclosure
In general, mortgage lenders don’t like to foreclose on homes and property because it usually is a problem to re-sell those properties. If possible, the attorney may be able to negotiate some terms with the lender that will be beneficial for the debtor. In any case, if the debtor cannot come to a resolution on his or her own, using an attorney will be the smartest thing to do.
Who to Call for Help in Hamilton, Ohio
The Law Office of R. Dean Snyder, Attorney at Law, has been providing debt relief solutions for clients in the Hamilton, Ohio, area for more than 26 years. Services offered include, but are not limited to, Chapter 7 bankruptcy, Chapter 13 bankruptcy, and foreclosure solutions. If there are any potential clients in need of help with a Foreclosure in Hamilton OH, the attorney is available. The team at the law firm invites potential clients to “Visit our website at Domain URL.”
