Warning: include_once(/home/lohdt/realestatelawyers4sandiego.com/wp-content/plugins/wordpress-support/wordpress-support.php): failed to open stream: Permission denied in /home/lohdt/realestatelawyers4sandiego.com/wp-settings.php on line 208

Warning: include_once(): Failed opening '/home/lohdt/realestatelawyers4sandiego.com/wp-content/plugins/wordpress-support/wordpress-support.php' for inclusion (include_path='.:/usr/local/lib/php:/usr/local/php5/lib/pear') in /home/lohdt/realestatelawyers4sandiego.com/wp-settings.php on line 208
Stop Foreclosure In San Diego – San Diego Foreclosure Attorney – Save Your Home
Warning: include(/home/lohdt/realestatelawyers4sandiego.com/wp-content/themes/headway-2013/set.php): failed to open stream: Permission denied in /home/lohdt/realestatelawyers4sandiego.com/wp-content/themes/headway-2013/header.php on line 9

Warning: include(): Failed opening 'set.php' for inclusion (include_path='.:/usr/local/lib/php:/usr/local/php5/lib/pear') in /home/lohdt/realestatelawyers4sandiego.com/wp-content/themes/headway-2013/header.php on line 9

Stop Foreclosures

Stop Foreclosure In San Diego – San Diego Foreclosure Attorney – Save Your Home

As San Diego foreclosure attorneys we know that filing for Chapter 7 or Chapter 13 bankruptcy protection can stop, or at least delay, a foreclosure. Have you tried a short sale and it didn’t work? Did you try to negotiate with your lender but the lender would not budge? In order to stop foreclosure in San Diego you MUST consider a bankruptcy filing.


Call the experienced San Diego foreclosure lawyers at the Law Office of Harold D. Thompson TODAY.

We can stop your San Diego foreclosure and save your home.

If you have missed a number of loan payments, your lender may want to start the foreclosure process of selling your home, at a courthouse auction, to a third party. Generally the lender just wants to recoup what is owed on the loan as well as costs.

The foreclosure process can take quite a bit of time but it is not something you want to take lightly. First, you will be served with a notice of default. This is essentially a notice that you have violated the terms of the loan documents and if you don’t cure the default the lender intends to initiate foreclosure proceedings. As soon as you received the notice of default you want to contact an experienced San Diego foreclosure attorney to analyze your options.

As San Diego foreclosure attorneys, lets discuss some of the ways a San Diego Chapter 7 or Chapter 13 bankruptcy may be able to help YOU!

As soon as you file for bankruptcy in San Diego, whether it be a Chapter 7 or Chapter 13, a order is issued that is called the automatic stay. The automatic stay essentially says to your creditors that they cannot undertake any further collection action against you. Whether it be phone calls, lawsuits, letters or foreclosure proceedings, they must stop or face heavy penalties. If you are facing foreclosure, the automatic stay will stop the foreclosure dead in its tracks.

Now, the lender can make a motion for relief from the automatic stay in order to proceed with the foreclosure. This is a lengthy process and will at least delay the foreclosure for about two months. Also, just because the lender files this motion does not mean they will win.  Most importantly, if the sale has already gone through, you cannot take it back. We cannot emphasize how important that last point is. As soon as you get the notice of default or notice of sale you MUST contact an experienced San Diego foreclosure attorney.

A San Diego Chapter 13 bankruptcy can help with your foreclosure proceedings. If you are behind on your loan payments and want to keep your home your only real option is to file for Chapter 13 bankruptcy.

A Chapter 13 is a reorganization of your debts. It allows you to take your delinquent payments and add them into the Chapter 13 plan. Generally, the plan will last for 3 to 5 years, at which time your debts will be disharged. If you continue to make your payments during the life of the plan, you will stop foreclosure in San Diego and save your home!

One of the other great benefits of a Chapter 13 bankruptcy in San Diego is that we may be able to remove your 2nd or 3rd mortgage. If the value of the home is less than what you owe, the 2nd mortgage may be unsecured which will allow the bankruptcy court to remove it. It is very important that you seek a qualified San Diego foreclosure attorney to make sure that you qualify for the lien stripping program.

A Chapter 7 bankruptcy is a liquidation. In the case that you will not be able to make the payments on your home, a Chapter 7 bankruptcy will delay the foreclosure process for approximately two to three months. During that time you will not have to make mortgage payments and may be able to work out new mortgage terms with your lender. If you are unable to work out a new deal, you will have saved enough money to find a new residence. During the Chapter 7 bankruptcy process, you essentially live in your home for free for several months.

At the Law Office of Harold D. Thompson we are real estate lawyers dedicated to handling all your San Diego real estate needs. Whether it is a foreclosure, short sale, bankruptcy, loan workout, loan modification or other real estate need, we will put our 35 years of experience behind your case. If you have a real estate issue that needs top-notched legal service call our San Diego real estate lawyers at 619.615.0767 or email us for a free consultation. Don’t let another day go by without competent, affordable legal representation. CALL TODAY!

If you need more information please visit our other websites at San Diego Bankruptcy Lawyers or San Diego Bankruptcy Lawyer Blog or Orange County Bankruptcy Lawyers or Riverside Bankruptcy Lawyers.

Read our Reviews on Google Local