How to Deal With Foreclosure

Helping Clients Keep Homes in Milwaukee County, West Allis, Greenfield, Wauwatosa, New Berlin, and Brookfield

If a homeowner is falling behind on mortgage payments, then a lender may attempt to obtain the balance of their loan by forcing the borrower to sell their house. This process is known as foreclosure. In Wisconsin, most foreclosures are judicial. This means the bank is required to file a lawsuit with the courts in order to start the process.

If you are unable to make your mortgage payments, then you may be in danger of foreclosure. Don't wait a minute longer to obtain counsel from my firm, Sapinski Law Office, S.C. As a foreclosure defense attorney in Milwaukee backed by more than 20 years of experience, I can provide you solutions to overcome your debt and help you fight against foreclosure.

With three locations: Milwaukee, Elm Grove, and Appleton, we are able to help clients throughout Milwaukee County, in:

• West Allis
• Greenfield
• Wauwatosa
• New Berlin
• And Brookfield

Sapinski Law Office, S.C. can help you stop foreclosure. Contact us online or call (888) 298-1041 to set up a free consultation with a Milwaukee foreclosure defense attorney. We also serve Appleton.

How Can I Stop Foreclosure?

If you file Chapter 13 bankruptcy before the judge confirms the foreclosure sale, you should be able to protect your real estate. Do not wait until the last minute to do this. Always file your bankruptcy months before the confirmation date.

Not sure what else to do? Feel free to reach out to me to get a better understanding of your options.

Other strategies for avoiding foreclosure include:

• Reinstating your mortgage
• Creating a plan with the lender such as a payment plan, loan modification, etc.
• Refinancing at a better rate and paying off your old loan
• Give up your home in a short sale or deed in lieu of foreclosure instead

We are prepared to help you fight against judicial foreclosures in Wisconsin. 
Contact a foreclosure defense lawyer in Milwaukee at Sapinski Law Office, S.C. Call (888) 298-1041 to begin.

How Long Do I Have to Pay the Mortgage?

Under Chapter 13 you are allowed three to five years to re-pay the arrearage on your mortgage. The arrears are paid through a debt repayment plan approved by the bankruptcy court. While you are paying the arrears, you are still required to make your monthly mortgage payments in a timely manner. In some cases, you can modify your mortgage through Chapter 13.

When you modify, the arrearages are added to the back of the mortgage loan and - in some cases - they may be waived. In most cases, modification results in a reduction in the amount you must pay your mortgage company each month.

Wisconsin Foreclosure Process

Depending on the court schedule, it may take a whole year to implement a foreclosure. Below is an outline of what to expect during the foreclosure process. Of course, our foreclosure attorney will guide you through the process as well.

Facing Foreclosure in Milwaukee, Wisconsin?

Call Sapinski Law Office, S.C. for trusted legal guidance. As an established Milwaukee bankruptcy attorney, I have 20 years of experience working with individuals facing foreclosure throughout the state of Wisconsin.

If you are being foreclosed on, don't wait any longer. I offer a free case evaluation. Picking up the phone is risk-free and could be the first step toward saving your real estate.

Related Reading

• Foreclosure v. Bankruptcy: Which is worse?

Put 20+ years of debt relief experience on your side! Call Sapinski Law Office, S.C. to speak with a Milwaukee foreclosure defense attorney.