You Can Avoid Losing Your Home to Foreclosure With a Lawyer in Milwaukee WI

Facing the possible loss of a home can be stressful for an owner who has worked so hard to make their payments. The loss of a job or a period of illness can easily cause a person to grow behind on their payments.

Once an owner is 120 days delinquent on their mortgage payments, they will face foreclosure. If a homeowner is facing foreclosure, it behooves them to seek a Lawyer in Milwaukee WI.

How Can Homeowners Avoid Foreclosure?

As soon as a homeowner realizes they will have trouble making their mortgage payments, they need to contact their mortgage holder to learn about their options. Sometimes, mortgage holders are willing to offer arrangements to help an owner catch up on their payments in arrears. If the mortgage holder refuses to help, there is another option that can be sought by the Lawyer in Milwaukee WI.

A lawyer can help homeowners avoid foreclosure by helping them file for chapter 13 bankruptcy. With this type of bankruptcy, the courts will stop all collection activity so a person can keep their home. It is important owners act quickly and seek help before their home goes into the foreclosure process.

Important Information on Bankruptcy

To file for chapter 13 bankruptcy, a person must submit a structured repayment plan to the court for approval. This payment plan fully outlines how the debtor plans to pay off their debts during the time period granted by the court.

To be approved for Chapter 13, a person must have a regular income, and their debt must not be over the maximum allowed by state law. This amount changes each year, depending on several factors, such as the median income for the state.

Schedule Your Appointment Today

If you are getting behind on your mortgage payments and are in need of legal help, contact the Lawyer in Milwaukee WI. To learn more about your options for bankruptcy, visit website

They will be happy to help you make a decision on whether or not bankruptcy is right for your situation. Call the office right away if you would like to schedule your consultation appointment to get started.

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