Foreclosures
Oklahoma Bankruptcy and Foreclosure Attorney
Oklahoma City Stop Foreclosure Lawyer
Unfortunately, foreclosures are on the rise due to the housing crisis and the current economic situation. For most families in Oklahoma and all over the country, the thought of losing your home is a nightmare no one wants to face. However, you do not have to face it alone and with the help of a skilled attorney it is sometimes possible to prevent a foreclosure from taking place.
We have the knowledge and experience to help try and prevent foreclosure of our clients' properties using effective and creative strategies. At Michael J. Rose, P.C., we are committed to helping families keep their assets and strengthen their position for the future. If you are facing foreclosure proceedings, contact us to schedule a free consultation today to see how we can help you.
Mike Rose can help you prevent foreclosure through a variety of resourceful measures including:
- Filing pleadings to slow down the foreclosure action
- Loan modification negotiation with banks and other lenders
- Helping refinance a mortgage/negotiate adjusting the interest rate
- Attempting to refinance a mortgage by changing the terms from a variable to a fixed interest rate
- Trying to have the amount of the mortgage payment changed to reflect current earnings and ability to pay
- Proposing and obtaining an entirely new mortgage
It is important to note that banks do not want to foreclose on your property. They have already been overwhelmed with real estate because of the current economic crisis and as lenders they do not want to add any more debt to their books.
Another important thing to consider is that a foreclosure action will automatically stop if you decide to file for bankruptcy. This is one viable way to stop foreclosure and give you time to reassess your financial situation. Whether you qualify for and choose Chapter 7 or Chapter 13, we can help you use this legal avenue to prevent foreclosure from taking place.
Contact our office today to schedule a free consultation and see how we can help you. You don't have to deal with the banks on your own. We are here to help you.
From our offices in Oklahoma City, we serve clients in Lawton Enid, Norman, Edmond, Shawnee, Chickasha, Yukon, El Reno, Midwest City, Kingfisher, and Canadian County, Cleveland County, and Logan County.