Learn more about your options regarding bankruptcy and some alternatives to bankruptcy. We also will discuss what happens after bankruptcy.

Biggest Financial Mistake — Filing Bankruptcy Because Of Collectors?

Biggest Financial Mistake — Filing Bankruptcy Because Of Collectors? Are you considering bankruptcy because you are sick of dealing with abusive debt collectors?  Take five minutes and read this article to understand why this may be one of the biggest financial mistakes you could make. Bankruptcy is a legitimate option if you have no other choice.  Sometimes our debts and income and assets just don’t add up the right way.  This is what bankruptcy is for — to get a… (Read more)

Alabama Debt Collection Lawsuit Questions — Part Four — Option of Bankruptcy

You can find part one (what is the collection lawsuit), part two (being served), and part three (overview of your five options). You are also welcome to watch the entire video (over two hours long) on youtube. Now let’s turn our attention to your first of five options — filing bankruptcy. IF I FILE BANKRUPTCY… “Why is bankruptcy such an extreme option?” Now let’s really dive into the first option of bankruptcy. So why do I say bankruptcy is such… (Read more)

How to stop a foreclosure in Alabama

It is possible to stop a foreclosure in Alabama — here are the ways: Sue your mortgage company as you have the right to do under your mortgage Reinstate the loan File bankruptcy (usually chapter 13) Obtain loss mitigation (usually a loan modification) Let’s look at each one of these in depth. Sue your mortgage company as you have the right to do under your mortgage Alabama foreclosures are “non-judicial” which means no judge is involved.  But you have the… (Read more)

Foreclosure: Case study of family choosing between bankruptcy and suing mortgage company to stop the foreclosure

Case study of a family deciding between chapter 13 bankruptcy and suing their mortgage company Put yourself in the position of a lawyer who is meeting with a family facing the loss of their home due to foreclosure.  What will you advise them?  What are their options? Let’s walk through a hypothetical example that is repeated every day in Alabama. We will use an example of a typical family facing foreclosure who is considering filing bankruptcy.  Let’s call them Bob… (Read more)

Welcome to where you can learn how to stop your Alabama foreclosure

You are here because you are looking for ways to stop the upcoming foreclosure on your home in Alabama. This will not be a long article — instead, we encourage you to watch the video to discover more of your rights and options. (If you want to read some longer articles we suggest:  The secret that your mortgage company does not want you to know about and the critical keys to understanding if your notice of default letter is defective).… (Read more)

The Secret Your Mortgage Company Does Not Want You To Know About Regarding Stopping Foreclosures

My name is John Watts and my law firm helps Alabama consumers who are facing foreclosure to stop the foreclosure without filing bankruptcy. Join me on this short journey and I trust you will find this time well spent as you look for how to save your home from a foreclosure. The only supposed ways to stop a foreclosure in Alabama The mortgage company (whether Nationstar/Mr. Cooper or Wells Fargo or Bank of America or whoever) wants you to believe… (Read more)