Bankruptcy doesn't have to be something bad.
It can actually be the start of something good.
Your situation is unique, and it's personal.
Your attorney should be as well.

Steps to recover from foreclosure

Fox News shared some tips on January 23 offering advice on how to spring back from a foreclosure experience.

• After a foreclosure, borrowers should fix their credit by continuously using their credit and make it a point to pay on time. Lenders may grant loans to borrowers who work to build a continuous and reputable credit history.

• After foreclosure, previous homeowners may need to wait for years before they can qualify for loans from lenders. However, the duration of the waiting period may possibly be reduced if the foreclosure was a result of losing a job unexpectedly or the death of a family member.

• After a foreclosure, borrowers should diligently settle their taxes. People may avoid hefty foreclosure taxes if they prove that they are completely broke or if they seek bankruptcy protection.

The lawyers of Greenway Bankruptcy Law, LLC, know that many homeowners in Birmingham have lost their homes to foreclosure. If you believe your home is being threatened with the same process, our lawyers may work with you to prevent it from happening. Find out how we may help you safeguard your home today by calling (205) 324-4000.

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505 20th St N #1220
Birmingham, AL, 35203
Phone: (205) 324-4000
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Greenway Bankruptcy Law, LLC All rights reserved. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. The following language is required pursuant to Rule 7.2, Alabama Rules of Professional Conduct. No representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship.

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