Investment Property and Foreclosure in Tennessee
Investments properties and rental properties can provide significant income for their owners in Tennessee. Unfortunately, as property values have declined, even the most responsible property owners can fall behind on their payments. The threat of foreclosure, even for investment properties, can be frightening and can have a tremendous impact on your current and future financial outlook.
At Rothschild & Ausbrooks, PLLC, we help people who have fallen behind on mortgage payments and are in danger of losing their properties. It may be entirely possible to keep the property and obtain a current status on your mortgage payment.
Contact our firm today to arrange a free consultation and speak with our attorneys and investment properties and foreclosure.
Nashville Foreclosure Defense Lawyers
As soon as you file for bankruptcy, whether Chapter 7 or Chapter 13 bankruptcy, an automatic stay will go into effect immediately. This automatic stay stops all creditor action, including the foreclosure process. This is true no matter how far along the foreclosure process is and whether the foreclosure is concerning a home, a cabin, investment property or other types of property.
If many cases, you can keep investment properties, if it makes sense to do so. If, by eliminating other debts through bankruptcy, you are able to catch up on mortgage payments and stay caught up, you will be able to keep your property.
Contact Our Tennessee Home Foreclosure Attorneys
Attorney Edgar Rothschild is board-certified as specialist in bankruptcy law. Our attorneys are experienced legal advocates for people who have fallen behind in payments and are interested in keeping their homes, investment properties and other properties in Tennessee.
Contact us today to learn how we can help.
We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.