Foreclosure

If you have real property that is on the foreclosure docket, or if your real property is in danger of being listed on the foreclosure docket, Bankruptcy may be able to provide you with some relief. Bankruptcy is often a viable option for people who face foreclosure, including home owners who have homes worth less than the amount owed. A Chapter 13 Bankruptcy will stop the foreclosure sale and create a Plan to get you current on your mortgage(s). In addition, it may be possible to eliminate or lower your other obligations, such as credit card and other debt, which will give you additional funds to put toward your mortgage. A skilled and knowledgeable bankruptcy attorney can properly advise you. A Chapter 7 Bankruptcy can afford you the opportunity to walk away from your home without having to pay the difference in value between what you owe and what your home ends up selling for after it is foreclosed upon. Without filing for bankruptcy, the bank could issue you a 1099 Form reporting the difference as income to you, and you would be responsible for paying income tax on that amount. A Chapter 7 bankruptcy would also allow you to wipe out unsecured debt in the process, allowing you to truly have a fresh start. The Law Office of Andrew Oostdyk, PLLC can provide you with all the information you need regarding Foreclosure and Bankruptcy. We understand the Bankruptcy Code and the federal and state exemptions available to you. We can help you utilize the federal bankruptcy laws to gain a fresh start, and move forward with your life.

Call us today at 214-693-2667 to schedule your Free Initial Consultation.
We Provide Compassionate, Courteous Service

We understand things happen. We never judge our clients, and we are always courteous and respectful. You can be assured that we will do everything we can to help you relieve the anxiety and stress you are under. We will take the time to listen to your situation and explain your options, which may or may not include bankruptcy. If bankruptcy is a viable option, we will inform you about and guide you through the process.

You Will Receive Prompt Communication and Personal Attention

We have earned our reputation for providing every client with close, personal attention. Nothing is more frustrating than being unable to have questions answered or problems addressed by your attorney’s office in a timely fashion. We will return your phone calls as quickly as possible and make it a priority to address your concerns in a timely manner. Unlike many bankruptcy law firms, you will meet with an attorney on your very first visit. We are committed to helping you. We understand things happen. We never judge our clients, and we are always courteous and respectful. You can be assured that we will do everything we can to help you relieve the anxiety and stress you are under. We will take the time to listen to your situation and explain your options, which may or may not include bankruptcy. If bankruptcy is a viable option, we will inform you about and guide you through the process.

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