Foreclosure Defense
Avoiding Home Foreclosure
Threats of foreclosure are frightening to any homeowner. Unfortunately, foreclosures are becoming increasingly common as the economy continues to struggle and the housing market continues to be unpredictable.
If you are facing the prospect of home foreclosure, it is important that you contact an associate at the Law Offices of Marshall D. Schultz. Our legal team has over 50 years of combined experience and has assisted tens of thousands of individuals dealing with financial issues.
When you are approximately four months behind on your mortgage payments, your lender typically begins taking steps towards foreclosing on your home. When you reach six months of past due payments, your home may be subject to a public auction or sheriff's sale.
Before this happens, there are a number of defenses available to you that may prevent the loss of your home, including loan modification, deed in lieu of foreclosure, and short sale. While some of these defenses will not give you the option of staying in your home, they will at least keep a foreclosure off of your credit record. Having a foreclosure on your record can be extremely detrimental, possibly barring you from being able to obtain loans for a home or vehicle in the future.
Bankruptcy and Foreclosure
Bankruptcy will immediately halt foreclosure proceedings against your home. When Chapter 7 or Chapter 13 bankruptcy is filed, an "automatic stay" is engaged, which prevents creditors from taking any form of collection action against you. This includes foreclosures and repossessions. If you have filed for Chapter 13, you will be able to reorganize your debts, which may give you the financial resources to catch up on past due payments and become current on your mortgage once again.
We understand the uncertainty and fear that goes along with a foreclosure threat. We will provide you with first-class representation that addresses your specific circumstances and eases the stress of the situation. With our assistance, you may be able to successfully defend against foreclosure and remain in your home.
Be sure to contact our firm today for a free consultation and schedule a visit at one of our offices located in Southfield and Detroit.

Why Come to Our Firm?
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Assisted 12,000+ Consumers with Their Debt
Debt affects everyone, rich or poor. We have helped thousands of clients through difficult financial times and we plan on helping thousands more.
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Convenient Office Locations in Southfield & Detroit
We have locations in both Southfield and Detroit for those who want to minimize their commute to visit their nearest office.
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Free Initial Consultations
There's no need to pay for a simple conversation! We provide immediate, 100% complimentary consultations to those who are interested in filing with us.
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50+ Years of Combined Bankruptcy Law Experience
Our attorneys are experienced and knowledgeable in the field of bankruptcy law. Trust a seasoned bankruptcy attorney to handle your case.


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