Lefkovitz & Lefkovitz
Nashville Office
615-686-2279
Cookeville Office
931-528-5297
We help individuals and businesses find the right solution to their money problems.

Don’t lose your home, file for Chapter 13

There is nothing more difficult than the thought of slipping behind on your mortgage payments. When this happens, it won't be long before you hear from the bank. They want to know what happened and when you are going to catch up.

While some people are able to get back on track, others find that this is impossible. For instance, if you lost your job there is a good chance you won't be able to make your mortgage payments.

Here is the good thing: There are things you can do to avoid losing your home to foreclosure. For example, filing for Chapter 13 bankruptcy is an idea to consider.

Known as wage earners bankruptcy, this allows you to pay some or all of your debt over the period of three to five years.

Rather than letting your mortgage lender repossess your home, you can file for Chapter 13, implement a payment plan, and catch up over time.

Note: This is only going to help if you are in position to stay current with the repayment plan, while also paying your monthly mortgage payment.

Does all this sound too confusing? Our attorneys understand Chapter 13 bankruptcy. We can provide you with the information and guidance you need to make an informed decision.

Before you do anything, you must decide if Chapter 13 is the right choice for somebody in your position. Only then can you learn more about the process and decide if this is right for you. You can start your search for information on our "Chapter 13 Bankruptcy May Let You Save Your Home" webpage.

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Nashville Office
618 Church Street, Suite 410
Nashville, TN 37219

Phone: 615-686-2279
Fax: 615-255-4516
Nashville Law Office Map

Cookeville Office
312 East Broad Street, Suite A
Cookeville, TN 38501

Phone: 615-686-2279
Fax: 931-526-6244
Cookeville Law Office Map