Bankruptcy is a federal court process designed to help consumers and businesses eliminate their debts or repay them under the protection of the bankruptcy court. Bankruptcies can generally be described as "liquidation" or "reorganization."
Typically a loan modification is an adjustment to your existing mortgage note that allows you to restructure your loan. Modification may include “forbearance” of late payments and waiving the right to start the foreclosure process.
The Law Offices of Alex Leon is dedicated to ensuring that our clients are given the most practical and relevant information regarding their options so they are able to make the best decision for themselves and their families.
Millions of American families are facing foreclosure, repossessions, wage garnishments, high credit card debt, unbearable tax liabilities, etc. We understand that it can be a very stressful time and you may have many questions. Let us take the stress off of you and allow the Law Offices of Alex Leon to begin fighting for you.
file for bankruptcy relief under the Bankruptcy Code.
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