Foreclosure Prevention Help by Bankruptcy Lawyers in Richmond, VA

Financial Freedom Legal Bankruptcy Lawyers helping with foreclosure prevention in richmond va

Attorneys Dedicated to Defending Your Property in Richmond, VA

There are few things in life more terrifying than facing foreclosure.

If you have fallen behind on your mortgage payments, Chapter 13 bankruptcy can be an excellent option to save your home, get peace of mind, and start your road to financial recovery.

Not only will bankruptcy prevent foreclosure, it also gives you an opportunity to catch up on your mortgage payments and get back on track.

Financial Freedom Legal helps Richmonders navigate the bankruptcy process and make the connections needed to get their finances back on track.

Missed Mortgage Payment Assistance Through Bankruptcy

Missed mortgage payments can be caught up through a Chapter 13 bankruptcy case. In the meantime, you can also resume making the ongoing regular monthly payments directly to the mortgage company after filing your case.

Those mortgage arrears can be included in and paid back through your bankruptcy plan payments. In a Chapter 13 bankruptcy, you make one bankruptcy payment each month, usually for a period of three to five years, to cover your missed mortgage payments and all of your other debts.

For example, your monthly bankruptcy payment could include:

Missed mortgage payments
Car payments
Tax debts
Medical bills
Utilities bills
Credit card bills
Any other debts

Financial Freedom Legal will work with you to make sure you have the most affordable payment possible. Your monthly bankruptcy payment could be significantly less than the minimum amount you are paying on these debts outside of bankruptcy.

The most important benefit will be the relief you feel in knowing that your home and other property is safe and not in any danger of being taken away from you.

Bankruptcy Related Links

Bankruptcy attorney Veronica Brown-Moseley helping a client with foreclosure prevention

Protecting Your Home After Your Mortgage Forbearance Ends

Many experienced financial hardship due to COVID-19. In response to the pandemic, certain mortgage companies offered forbearances to help people who were going through a tough time.

As a part of the forbearance, homeowners were able to stop making their mortgage payments for a certain period of time.

The problem with many of these forbearances is that, in many cases, the agreements did not include specifics regarding how the missed payments would be caught up at the end of the forbearance period.

Most of the forbearances are now over and people across the country are faced with large amounts of missed payments without any ability to catch up on those payments.

Many of the government moratoriums that prevented mortgage companies from foreclosing have come to an end, and now mortgage companies are moving forward with foreclosing on homes.

If you are dealing with complications from a forbearance, if you have missed mortgage payments, or if you are facing foreclosure, you do not have to deal with the mortgage company alone.

Willie Broyles

20:01 28 Nov 23

Very helpful in my free consultation! Very professional and caring.

JwagstaffIII Wagstaff

22:30 04 Nov 23

Andrea Huff

16:51 15 Oct 23

They made it a lot easier than I thought it would be.I wasn’t sure they would be able to do anything for me but I’m so happy they were. Thank you Veronica Brown-Moseley for easing my worries and stress.

Calvin C.

06:56 10 Sep 23

I came into your office looking for financial freedom and I was met with nothing but complete professionalism. Working with Veronica and Megan, made the process comfortable, easy and quick. I just want to say thank you for helping towards a peace of mind!

Charles Houston

00:01 16 Aug 23

Friendly professional felt like a family member

April Fontaine

15:45 17 Jun 23

Veronica and Steve are both great attorneys to work with. They make you feel comfortable and make the process easy. Thank you both for all you do. I highly recommend Financial Freedom Legal

Pamela Rose

19:27 14 May 23

Thank you so much. I walked into your office scared and worried. However that quickly eased, once I met with office personnel and Attorney, Veronica Brown-Mosley, respectfully. She listened, took control and followed up, thoroughly. I greatly appreciate you being there. Thank you so much. Highly recommend!

Jonathan Snow

01:53 04 May 23

Financial Freedom Legal are probably the most professional/upfront debt solution company in business. Veronica is 1 of the owners and legal consultants for this company and she is the most knowledgeable, welcoming, and professional person that I’ve ever conversed with in this field. She answered everyone of my questions, and was patient enough to listen to everyone of them that I asked her while also offering different financial options to choose from.

After contemplating using the service of Financial Freedom Legal, and consulting with Veronica I decided that my circumstances didn’t necessarily require going this particular route, but if I ever find myself going in that direction Veronica and Financial Freedom Legal will be the company that I will do business with.

Veronica Brown-Moseley

Stephen Relyea

Foreclosure Prevention in Richmond, VA

Facing a home foreclosure is scary and it can seem like there are no good options.

Bankruptcy can make it possible to prevent the mortgage company from taking your home.

Financial Freedom Legal will help you discover your options during our free consultation. Contact us today to start addressing and managing your debt.