Indianapolis Sheriff's Sales Defense Attorney
Defending Against Sheriff's Sales in Indiana
Foreclosure on a home is not an action that takes place immediately. It may even take many months before a foreclosure is completed. The final step in the foreclosure process is the sheriff's sale, an auction that follows a court order to seize property. Once your home is sold in a sheriff's sale, you lose all rights to it. If you are facing a sheriff's sale and want to protect your home, you must act quickly.
When you get in touch with our professional Indianapolis sheriff's sales defense lawyer at Jackson & Oglesby Law LLC, we will review your case for free!
How To Stop a Foreclosure Sale Through Bankruptcy
Bankruptcy is an action that can stop a sheriff's sale. The bankruptcy attorneys from our firm can help you take action toward the prevention of a sheriff's sale. Your mortgage lender must take a number of steps before your home is foreclosed. After you have fallen behind on payments, your lender will initiate foreclosure by serving you with an official complaint for foreclosure and summons. If they are successful, the lender will take a judgment against you. Once entered, a final notice of sheriff's sale can be published.
If you file for bankruptcy at any point in the process, you can stop a foreclosure or sheriff's sale. Each type of bankruptcy will offer a different form of relief.
- Chapter 7 bankruptcy will only temporarily halt a foreclosure or sheriff's sale but can give you the time you need to work out an arrangement with your lender.
- Chapter 13 bankruptcy will offer the opportunity to repay your past-due mortgage balance over three to five years.
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Why Choose Jackson & Oglesby Law LLC?
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Guided by a team of attorneys with over 30 years of bankruptcy experience.
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Trusted by hundred of clients who have achieved a debt-free life.
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Accredited by the Better Business Bureau & a member of the National Association of Consumer Bankruptcy Attorneys (NACBA).
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Affordable payment plans and $0 down options are available.