Bankruptcy may help you save your home!

May 6, 2015


By now you have probably heard that the Southern District of Florida, Bankruptcy Court, has implemented a mortgage modification procedure.  The results have been outstanding!  By making a good faith payment, of 31% of your gross income, in your Chapter 13 payment plan, the mediation process takes place while at the same time the Foreclosure process is stopped.   While in the modification process, all the documentation is exchanged via a portal established by the Court.  This means that there is no delay or loss of documents that very often would frustrates the homeowner and the bank. 

If for some reason the mediation is not successful, bankruptcy still offers the opportunity to save your home by establishing a payment plan.  In this method, you go back to the payment of your regular monthly amount plus you are given up to five (5) years to catch up on the arrears.

Please allow our office, Freire & Gonzalez, P.A., to assist you.  Call for a free consultation, (305) 826-1774. Bankruptcy may be the solution to your financial difficulties.

Please reload

Featured Posts

Debt consolidation involves reorganzing all of your individual debt payments into one "manageable" payment.  However, throughout my many years of expe...

Debt Consolidation v. Bankruptcy

September 10, 2014

Please reload

Recent Posts
Please reload

Please reload

Search By Tags
Please reload

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square

​​​​© 2023 by Jeffrey&Mitchell. Proudly created with


  • facebook-square