This is why it is extremely important to seek the assistance of a lawyer as soon as you are behind on the mortgage, don't wait until you are notified that there may be a foreclosure sale. Mortgage companies may only give you 2-3 weeks notice of a foreclosure sale, if you get notice at all.
At Frego & Brodsky, P.L.C., our attorneys have a full understanding of Michigan foreclosure law and can assist you in understanding how to navigate foreclosure related matters.
Mortgage companies often say that they will work with you, setting up loan workouts in order to prevent foreclosure. But, unless you have this agreement in writing, a written document stating that the foreclosure sale has been cancelled, the company will often pull the rug out from underneath you and proceed with the foreclosure. Do not let this happen to you.
Contact the offices of Frego & Brodsky, P.L.C., today to schedule an appointment to discuss it with one of our experienced lawyers. We can move fairly quickly if you are trying to prevent the foreclosure from happening, but you must come in as soon as possible to explore your options. We charge our clients $100 up front when they retain our office. The client will also need to pay a mandatory filing fee and counseling fee, both of which are required by the Bankruptcy Court.
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If someone wants to save a house or commercial property from mortgage foreclosure, we must file a Chapter 13 bankruptcy case before the foreclosure sale occurs.
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No type of bankruptcy can get the property back after foreclosure.
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Under Michigan foreclosure law, if a property is occupied and set for foreclosure and the foreclosure sale occurs, people are allowed to live in the residence for 6 months.