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Nowack & Olson, PLLC Florida Bankruptcy Lawyer
  • $0 down and low payment plans available. We can assist you without having to leave your home.

The bank has already started a foreclosure action against me. Is it too late to save my home?

The foreclosure process is a long, painful and brutal one. The home you have worked your entire life to own is at risk of being taken away from you. If you have received a so-called “breach letter,” you will know that the bank has initiated a formal foreclosure action against you.

Many people wrongly assume that, once the bank initiates a foreclosure, the process is over and that they have no other option but to give up their homes. Even if the sheriff’s sale has been scheduled to sell your home at auction, you may still have time to stop the foreclosure.

What can I do now to save my home?

Filing for bankruptcy puts an immediate stop to all collection activity – including foreclosure actions. Perhaps more importantly, you do not have to wait until you reach the point of facing foreclosure before you take action to get relief from your unmanageable debt load. You have the ability to address your financial concerns at any time with a strategic bankruptcy filing.

It is important that you seek the advice of a qualified Florida bankruptcy lawyer who understands the law and has the ability to protect your interests. Most bankruptcy and foreclosure defense firms offer a free initial consultation where you can learn more about your legal options and how you can reach your debt relief goals.

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