Sheppard Law Offices
Columbus, Ohio Bankruptcy Attorney Kenneth L. Sheppard, Jr.
FREE Debt Relief & Bankruptcy Consultation
FREE Debt Relief Consultation Call (614) 523-3106 or (877) 505-9455
Sheppard Law Offices
TALK TO AN OHIO BANKRUPTCY ATTORNEY TODAY (614) 523-3106
Once foreclosure paperwork is filed with the state common pleas courts you, the homeowner, will receive a letter from the court notifying you of the foreclosure complaint. It is very important that this letter be responded to within the 28 days allowed, otherwise the mortgage lender will ask the court for a default judgment noting that you have not responded to the complaint, and therefore do not object to the complaint. If you have received a notification of a foreclosure complaint, Columbus, Ohio foreclosure defense lawyer Ken Sheppard, Jr. can help you to determine the best available resolution for your situation.
While in some cases the best defense may be to prolong the foreclosure process while you work to get back on your feet financially, there are several viable defenses against foreclosure. Some defenses may include procedural defenses, substantive defenses, and filing bankruptcy.
Whether you are filing for chapter 13 or chapter 7 bankruptcy, the Automatic Stay provision of U.S. Bankruptcy Code immediately prohibits creditors from collection actions. Since foreclosure is a collection action, the Automatic Stay includes stopping the foreclosure of your home. Therefore, once you have filed for bankruptcy you will not have to live in fear of having your home foreclosed on.
In chapter 7 cases, mortgage payments must be brought current in order to keep your home. Therefore, while filing for chapter 7 may delay repossession of your property, if you cannot bring your payments current you will still likely have to surrender your home or seek other options. If your primary interest is to keep your home, defending against foreclosure or filing chapter 13 bankruptcy are better options.
For many, who wish to keep their property, filing for chapter 13 may be the most viable option if the mortgage payments cannot be brought current. Even if you are behind on your payments filing for an Ohio chapter 13 bankruptcy can allow you to keep your property if the secured debt (e.g. the mortgage) is paid as part of the chapter 13 plan.
The Columbus, Ohio Bankruptcy, Debt, and Tax Relief lawyers at Sheppard Law Offices can help to stop your home from being foreclosed. The Central Ohio law firm offers a free initial consultation where you will speak directly with an attorney. Sheppard Law helps homeowners seeking to remedy their debt situation and keep their residences from being foreclosed. Our Ohio bankruptcy lawyers review the value of the real property, along with the secured loan terms to help to determine what the best form of debt relief for your specific situation. Get the financial help you need today by calling (614) 523-3106.
Sheppard Law Offices
The Columbus, Ohio bankruptcy debt relief and taxation law office of Sheppard Law Offices, LPA is conveniently located just inside I-270 off of Cleveland Ave. Our offices provide a short drive from throughout Central Ohio including counties of Franklin, Delaware, Knox, Marion, Licking, & Fairfield. We regularly serve Debt & Tax needs of clients from Columbus, Westerville, Bexley, Dublin, Sunbury, Delaware, Fredericktown, Johnstown, Centerberg, New Albany, Gahanna, Pickerington, Grandview, Upper Arlington, Clintonville, Groveport, Pickerington, Pataskala, Reynoldsburg, Groveport, Lewis Center, Worthington, Granville, the Short North, Hilliard, Plain City, Grove City, Newark, Mt. Vernon, Canal Winchester, and Lancaster.
Columbus Ohio Office
2600 Tiller Lane, Suite A
Columbus, Ohio 43231
Telephone: (614) 523-3106
Newark, Ohio Office
843 N. 21st Street, Suite 108
Newark, Ohio 43055
Telephone: (740) 345-7138
Belden Village Tower, 200
Canton, Ohio 44718
Telephone: (330) 409-2876
Mt. Vernon, Ohio Office
11 West Gambier Street
Mt. Vernon, Ohio 43050
Telephone: (740) 392-0404
We are a debt relief agency. We help people file for protection under the U.S. Bankruptcy Code.