I RECENTLY PURCHASED A HOME AND LOST MY JOB. I NOW HAVE A TEMP JOB AND EXPECT A SUBSTANTIAL INCREASE IN MY WAGES WITHIN 3 MONTHS. CAN YOU HELP ME?
Steven N. Taieb, Esq. has helped several thousand people over the last 34 years. As discussed in other pieces, medical issues, loss of job and unemployment are the major reasons people get into financial problems.
As long as you are back to work and have the ability to get back on track, you are given the opportunity to file a Chapter 13 to save your home.
Congress encourages you to file a chapter 13 reorganization rather than a Chapter 7 liquidation. However, in our jurisdiction in New Jersey, Mr. Taieb has helped a lot of people save their home and get the benefit of a Chapter 7 by paying nothing back to their unsecured creditors. This would not work if you have a lot of equity in your home or other assets, but in a large majority of Mr. Taieb’s cases, he has been successful in wiping out his client’s debts.
Thus, as soon as you get behind on the mortgage, even before the foreclosure begins, it is recommended that you file a Chapter 13 immediately before the foreclosure gets too deep.
If you delay, you will lose your home.
If you have any questions concerning this matter or any other matter contact TAIEBLAW at 856-235-4994 and schedule a FREE initial consultation.
Steven N. Taieb, Esq. has been a South Jersey Bankruptcy Attorney for over 34 years and is board certified in consumer bankruptcy law by The American Board of Certification which is accredited by The American Bar Association.