Stop Foreclosure Using the Bankruptcy Code
If you are facing the loss of your home, you may be able to stop foreclosure by using protections put in place by the Bankruptcy Code. Filing a bankruptcy petition will "stay" (or stop) the foreclosure proceedings, including the sheriff's sale.
Ryan J. Ruehle, Attorney at Law, LLC can help. At our law office, Mr. Ruehle represents people throughout Ohio and Northern Kentucky in bankruptcy actions designed to protect their home and help them get back on their feet. Our law firm has three locations for your convenience. Our main office is in Cincinnati. We also have offices in West Chester and in Northern Kentucky.
Stop Foreclosure Using Chapter 13
Chapter 13 bankruptcy allows homeowners with regular income to save their home by spreading out past-due mortgage payments over three to five years.
These payments are determined first by you and your attorney. Together you will analyze your budget and determine the amount of disposable income available to pay your mortgage and other creditors. This helps you understand what monthly amount you can reasonably afford to pay. You and your lawyer can then take your calculations to the bankruptcy court and ask the trustee to approve them.
Facing Legal Action? Act Quickly to Stop Foreclosure.
Contact us immediately upon receiving a notice from the court — a summons — or if someone is trying to get you to sign certified mail and you think it is related to your home. You can call (513) 777-0880 (Ohio) or (859) 331-7867 (Kentucky) or simply complete our online contact form. At the law office of Ryan J. Ruehle, initial consultations are free and confidential.