In the recent months, foreclosure postponement or foreclosure cancellation has seen a dramatic increase. California foreclosure cancellations were up 62.1 percent from September to October, and 36.7 percent compared to last year in September. There is speculation that this spike is due to banks committing to prevention of dual tracking of homes that are both in foreclosure and in short sale or loan modification. It is most likely that many homeowners in Riverside county and San Bernardino county are using bankruptcy to force foreclosure cancellation or foreclosure postponement.
If you are unsuccessful in attempting to get your bank to postpone or cancel your foreclosure sale, a bankruptcy is a legal proceeding that will provide you with bankruptcy protection which will force your lender to cancel your foreclosure sale. If your mortgage company is not providing you with any options on how to stop your foreclosure sale, bankruptcy is one of the only legal solutions for you to take the situation back under your control to stop the sale. Bankruptcy Law Professionals’ Riverside bankruptcy attorneys and Orange County bankruptcy attorneys regularly help people stop foreclosure sales with NO EXTRA CHARGES. Our extensive experience in stopping foreclosure sales has made us into trustworthy experts to stop foreclosures. The bankruptcy can be filed as late as the day before the trustee sale or foreclosure sale is set to occur. But do not wait until the last minute to prepare for your bankruptcy if you are interested in finding out more information.
Keep in mind that Bankruptcy Law Professionals will not charge you a large extra fee to help you with a foreclosure cancellation. We are experts with foreclosure cancellation and we do not need extra funds to help you stop your foreclosure auction. If you would like to set up a consultation by phone or in-person. Please contact Bankruptcy Law Professionals at (855) 257-7671.