The thought of losing your home is frightening, but unfortunately this is the reality of hundreds of thousands of Americans facing foreclosure each year. Foreclosure is the legal process in which a lender reclaims a home or property to make up for the outstanding balance on a mortgage or loan. When this happens, the property is then sold and the proceeds of the sale are used to settle the debt. Nathan A. Berneman, APC is here to assist you by providing knowledgeable and experienced attorneys who will work diligently to help you keep your home and regain control of your current debt situation.
The foreclosure process can happen as quickly as 30 days from the time that you've received a notice. This process does differ from state to state so it is important if you're facing foreclosure in Thousand Oaks, CA or in the surrounding area, that you give us a call as soon as possible so that we can review your situation and develop the best solution moving forward. Filing for bankruptcy with the guidance of Nathan A Berneman, APC will ensure that the foreclosure process is put to a stop and gives you times to catch back up on your payments.
When you come to Nathan A Berneman APC and file for either a Chapter 13 or Chapter 7 bankruptcy, the court will automatically issue an "Order for Relief". This order when issued includes something known as "automatic stay" which informs your creditors to cease their collection activities immediately. This order will also keep your home from being sold in a foreclosure sale while the bankruptcy is pending.
Nathan A Berneman, APC will not allow you to end up without a place to live or with no home for your family. We'll use all of our resources to find the right solution that fits your needs and unique circumstance. Filing for Chapter 7 or Chapter 13 bankruptcy can help you catch up back payments on your home by devising a payment plan with the bankruptcy trustee. It is important to be able to make timely payments during the bankruptcy case, or the court can be petitioned by the lender to proceed with the foreclosure sale. Nathan A Berneman, APC is here to ensure that you receive the best possible outcome when representing you in your Chapter 13 bankruptcy case.