I’m behind on my mortgage

The economic downturn of the last few years has caused many homeowners to fall behind on their mortgage payments as they struggle to put food on the table and keep the lights on.  If you have missed your monthly mortgage payments or have been making partial payments each month, your mortgage is accumulating “arrears”.  Arrears are your past-due mortgage payments.  The farther behind you are on your house payments, the more likely it is that your mortgage company will begin the foreclosure process. In addition, it is more likely that your property may lose equity and become “underwater”.

If you are behind on your mortgage payments, our office may be able to help you in several ways.  Some of the ways we may be able to assist you are:

  • designing a Chapter 13 repayment plan for you to catch up on your mortgage
  • wiping out some second and third liens in Chapter 13
  • providing a way for you to catch up on real property taxes or homeowners association dues through Chapter 13
  • adding an extra layer of foreclosure protection through Chapter 13

If you are behind on your mortgage payments and want to avoid losing your house, it is important to seek help as soon as possible.

Everyone’s situation is different, which is why Gold and Hammes offers a free personal consultation with an attorney. That way we can analyze your situation and advise you of the best way to save your property and protect your income.

Learn more about Mortgage Debt & Foreclosure.

I am also concerned about…