I TRIED TO SAVE MY HOME BUT MY HUSBAND JUST DIED AND I CAN’T AFFORD IT ANYMORE PLUS I AM OVERWHELMED WITH MEDICAL BILLS. WHAT CAN I DO?
Steven N. Taieb, Esq. has dealt with many clients who have experienced very difficult hardships. However, loss of a spouse is not only an extremely emotional issue; it also has serious financial ramifications since it cuts one’s household income substantially.
Some of Mr. Taieb’s clients are fortunate that they have children or other relatives move in to pick up the lost income of the deceased. However, others just cannot afford to keep their home plus they are saddled with substantial medical bills for their late husband.
If one can no longer afford their home and they just want to clean the slate and get a fresh start, they should file a Chapter 7 bankruptcy (assuming they qualify) where the whole purpose is to help honest people get a fresh start. They will eventually lose their home unless they are able to get a loan modification or work something out with the mortgage company. However, the stress of losing a loved one is bad enough, so they do not need additional financial stress.
If on the other hand, you are fortunate to have a child or relative move in and contribute to household expenses then you could save your home and file a Chapter 13 to catch up on the mortgage arrears and save your home and other secured property. Mr. Taieb creates plans that are unique for each client. Thus, if you want to save your home and you have relatives assisting you, Mr. Taieb will work out a plan for you. Remember, there is only no hope if you don’t call. Call TAIEBLAW for a free consultation regarding how we can help you get over challenging financial situations.
Steven N. Taieb, Esq. is here to help you and is a South Jersey Bankruptcy Attorney who has helped over 7000 people with their financial problems for the past 32 years and is board certified in consumer bankruptcy law by The American Board of Certification which is accredited by The American Bar Association.
We are more than happy to discuss all your options and to see if bankruptcy is the best option for you.