Clanton, Alabama
602 Jackson Avenue
Clanton, AL 35045
(205) 755-5208

Alabama Foreclosure Attorneys Answer FAQs June 30, 2016

Alabama Foreclosure Attorneys Answer FAQs, Clanton, Alabama

The fear of losing a home plagues many people who have fallen behind on their debts, and may even prevent eligible borrowers from pursuing the debt relief options available to them. Unfortunately, there's a great deal of misinformation about foreclosure and bankruptcy that can make it even more difficult to make sound decisions. The experienced foreclosure attorneys at the Backus Law Group in Montgomery and Clanton, Alabama, would like to answer some basic questions you may have about bankruptcy and the foreclosure process.

If you're facing foreclosure, you may be wondering:

Can I Sign Over My Home To Avoid It?

Unfortunately, no. The lender has an agreement with you that gives them a legal interest in the property. Signing your home over to a friend or family member will not stop the bank from seizing it when payments aren't made.

Foreclosure AttorneyDoes Filing For Bankruptcy Mean I'll Automatically Lose My House?

In short, the answer to this is no. If you can keep current on your mortgage payments and property taxes, you should be able to keep your house. In fact, having your consumer debts discharged can free up money that can be better spent catching up with your mortgage payments.

Can Bankruptcy Save My House?

A Chapter 7 bankruptcy can usually only delay foreclosure, but if you qualify for a Chapter 13, you may be able to stay in your home. An experienced foreclosure attorney will help you decide which type of bankruptcy you should file and whether you should pursue staying in your home.

The Backus Law Group prides itself on the in-depth understanding of the law their attorneys possess, and their focus on their clients' welfare. If you've been served with a foreclosure notice, visit their website or call (334) 265-0800 to schedule a consultation with a foreclosure attorney in Montgomery today. To reach their legal office in Clanton, call (205) 755-5208.

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