Affordable and Experienced • Call Michael E. Plummer & Associates Today

Call 859-581-5516 , toll free at 877-790-2233 or e-mail our bankruptcy lawyers to discuss your situation.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

All of us can run into serious financial problems at some point in our lives. The loss of a job, a serious illness or a divorce can cause major debt issues. It is important to understand that you do not have to take extreme measures to try to get out of debt. Rather, get a fresh start and file for bankruptcy. Michael E. Plummer & Associates has helped tens of thousands of people throughout the Tri-State area over the last 15 years. Contact us today.

Stop Foreclosure with a Covington Attorney

 

Cincinnati Chapter 7 and 13 Bankruptcy Lawyer

 

Helping Homeowners in Cincinnati, Covington and Beyond Avoid Foreclosure

 

 

 

 

The downturn in our economy has had far-reaching consequences throughout the country. Many homeowners are having serious difficulties trying to pay their mortgages and are facing the threat of foreclosure. You have put so much into your home. If you are living with the fear of losing your home, you need to explore all of your options.

 

At the law firm of Michael E. Plummer & Associates, our attorneys have helped people throughout the Tri-State avoid foreclosure through the bankruptcy process. Contact our firm today.

How Can Filing for Bankruptcy Help Me Stop Foreclosure?

 

If you want to keep your home, filing for bankruptcy will stop any foreclosure proceedings. However, if you file Chapter 7 bankruptcy, your lender will be able to reinitiate foreclosure proceedings. Therefore, if you want to try to avoid foreclosure and keep your home, Chapter 13 bankruptcy will be your best option. Under Chapter 13, you will be obligated to repay your past due mortgage over a three- to five-year period, while keeping current on your payments.

 

Chapter 13 offers other benefits for a homeowner who is delinquent on his or her mortgage. One such advantage is that your lender has little discretion to reject your proposed repayment plan. Another major advantage of Chapter 13 is that you may be able to discharge a second or additional mortgage. If the value of your home is worth less than the value of your first mortgage, your second mortgage is not secured and can be discharged in bankruptcy. This process is known as lien-stripping and can be a major benefit to homeowners in financial trouble.

 

To stop a foreclosure as soon as possible, we can put together an emergency filing on your behalf. Our phones are answered 24 hours a day, seven days a week, 365 days a year. Call today 859-581-5516 , toll free at 877-790-2233.