Avoiding Foreclosure With Legal Assistance
If you are facing debt and the prospect of foreclosure, our Warren, MI foreclosure lawyer can help you stop foreclosure proceedings, manage your debt, and save your home. Facing foreclosure can be a frightening experience, but there are avenues available for you to save your home, and you do not have to navigate this process alone. Our team can help you explore your options and make informed decisions as you look to manage your debt and work towards a better financial future. To discuss your situation and how we can assist you, contact our team at Gudeman & Associates, P.C. today to schedule a consultation.
The Foreclosure Process
Our Warren foreclosure attorney has intricate knowledge of the laws and regulations governing foreclosure proceedings in the state of Michigan. This knowledge is invaluable as you seek to fight back against the foreclosure process and navigate the path to save your home. Our team will help you understand the process, your options, and what you must do in order to manage your debt.
In Michigan, two processes for foreclosure exist: Judicial Foreclosure and Foreclosure by Advertisement. Foreclosure by Advertisement is much more common and involves scheduling a sheriff’s sale of the property and advertising this sale publicly for at least four weeks. A public auction of the property then takes place, where the winner takes on the preposition of mortgage holder. Afterwards, a six month redemption period begins. The homeowner has the opportunity to pay the sale price at the sheriff’s sale with interest, refinance their home, sell it in a short sale, or find a new home. These options may be difficult for people struggling with debt. Finding a path towards managing your debt before the sheriff’s sale takes place is often the most viable option facing foreclosure.
How Our Foreclosure Lawyer Can Help You
Our Michigan foreclosure lawyer is here to help you find a solution to your debt before it is too late. There are multiple paths that people facing foreclosure can take as they look to save their home. One viable option may be through filing for bankruptcy. Our team can help you determine if filing for Chapter 7 or Chapter 13 bankruptcy is the right option for you. These processes can help you manage or reorganize your debt and prevent a foreclosure. There are many implications, requirements, and consequences that come with filing for bankruptcy, and they should all be considered. Your lawyer will ensure that you are making an informed decision and taking the best possible path for your financial future.
Receiving Dedicated Legal Assistance
When facing a process as daunting as foreclosure, it can seem like there is no path forward. Our lawyer can help you see the light at the end of the tunnel and find a path towards a better financial future and potentially saving your home. Do not hesitate to seek professional assistance. We will fight for you and your interests. Contact Gudeman & Associates, P.C. today and take a crucial step towards fighting back against foreclosure.
