Michigan Bankruptcy Lawyers Are Lying To You About Foreclosures

Michigan Bankruptcy Lawyers Are Lying To You About Foreclosures. Bankruptcy Does NOT Stop A Foreclosure!

michigan bankruptcy lawyersLet’s be honest. Michigan Bankruptcy Lawyers are business owners. They want your money. They will sing and dance the Jitterbug on their desk to convince you to give them your hard-earned cash. Matter of fact, like most Michigan lawyers there is little they won’t say or do for you to hand over your hard earned dough.
Your bankruptcy lawyer is lying to you if he or she claims they can stop a foreclosure with a bankruptcy. This is not entirely true. A bankruptcy can only delay the foreclosure. This is because all a bankruptcy can do is extinguish the promissory note. It does not extinguish the mortgage which is the actual lien on your house.
If bankruptcy becomes your only option, then you MUST do it prior to the Sheriff’s Sale. YOU CAN NOT SAVE YOUR HOME USING BANKRUPTCY DURING MICHIGAN’S 6-MONTH REDEMPTION PERIOD OR DURING THE EVICTION STAGE. This is because you no longer are on title to the home.
Michigan bankruptcy lawyers are lying to you if they tell you they can save the house during or after the Sheriff’s Sale.

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