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Saving Your Home Through Bankruptcy

When debt becomes overwhelming and creditors start taking actions against you, you may not know where to turn or what to do. When you are at risk for losing your home to foreclosure, reality sets in. If you do not take action, you may lose your home.

At Nordin & Sturino, P.C., in Naperville, Illinois, we help people understand the benefits of bankruptcy and how it can be used to stop foreclosure. If you are interested in learning more about Chapter 13 bankruptcy and its protections, we invite you to contact our law office, to schedule a free consultation.

Chapter 13 Bankruptcy and Stopping Foreclosure

If you are concerned about losing your home, you should research your bankruptcy options. Chapter 13 bankruptcy can stop foreclosure. In this type of bankruptcy, debt is reorganized and a repayment plan is established. Individuals are then able to repay a portion or all of their debt based on what they are able to pay.

When an individual files Chapter 13 bankruptcy, an automatic stay goes into effect, which immediately stops all collection actions by creditors. An automatic stay also stops foreclosure proceedings. Through Chapter 13 bankruptcy, debtors may also catch up on delinquent mortgage payments over time and preserve equity in their homes.

Our firm can also explain ways in which to eliminate a second mortgage as a lien on their property.

Contact a Naperville Chapter 13 Bankruptcy Attorney

To learn more about how Chapter 13 bankruptcy can stop foreclosure, contact our law firm. We offer a free 30-minute consultation.

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Office Location

Nordin & Sturino, P.C.
Naperville Executive Center
1555 Naperville Wheaton Road, Suite 207
Naperville, IL 60563
Phone: 630-848-9287
Toll Free: 800-618-6326
Fax: 630-420-0035
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DuPAGE County Bar Association-Since 1879