NORCROSS, GA, December 05, 2012 /24-7PressRelease/ -- Atlanta bankruptcy specialists, Clark & Washington, note that there are 7122 foreclosures set for December in the metro Atlanta area. With the housing market and the economy still struggling to recover, many homes are being foreclosed upon, but filing for bankruptcy can stop the foreclosure on your house.
Foreclosure occurs when a resident falls severely behind on mortgage payments and the bank attempts to seize the home for the default on the loan. Generally, when the bank begins foreclosure, there is little you can do to cease the process. If the process has already begun, filing a Chapter 7 bankruptcy can delay the process and give you additional time to save your home.
However, filing for a Chapter 13 bankruptcy, it can help you keep your home, as long as the foreclosure has not yet occurred. A Chapter 13 bankruptcy basically helps stop the foreclosure process by stating that you will pay both the regular mortgage and the back payment at the same time. If you can provide evidence that this can be done, you can stop the foreclosure process.
The Atlanta bankruptcy law firm of Clark & Washington can help you file for Chapter 13 bankruptcy to help you keep your home and keep the bank from foreclosing on your mortgage. With almost two decades of experience serving the Southeast, Clark & Washington are one of the premier Atlanta bankruptcy teams and can help you relieve your financial stress by assisting you with your Chapter 13 bankruptcy. If you are facing foreclosure and need help saving your home, Clark & Washington can help.
For more information on Atlanta bankruptcy requirements and bankruptcy services offered by Clark & Washington, visit their web site at http://www.cw13.com.
About Clark & Washington
Established in 1983, Clark & Washington is now one of the leading bankruptcy filers in the southeast. They have locations in Georgia, Florida, and Tennessee. Clark & Washington specializes in personal chapter 7 and chapter 13 bankruptcy. They offer honest, helpful legal advice to those experiencing financial hardships.
For more information visit: http://www.cw13.com.
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