Foreclosure Helping You Live a Debt Free Life

San Fernando Valley Foreclosure Lawyers

Helping You Hold onto Your Home

With the huge drop in property values today and our economy’s general instability, many people are facing the impossible task of carrying their mortgage (in most cases more than one) while seeing a drop in their income. In most cases even if the homeowner’s income has not dropped, the mortgage interests have risen due to the fact that most home buyers in the early 2000s chose to get loans with an adjustable rate. If you’re facing the early steps of foreclosure, you still have time to prevent it, but you must act immediately. Our San Fernando Valley foreclosure attorneys have helped countless clients protect their homes through offering options including filing for Chapter 13 bankruptcy. As long as you meet the requirements for a repayment plan, you have a chance to keep what’s rightfully yours. Call us as soon as you receive a foreclosure notice so we can begin the process.

Contact SM Law Group, APC online or by phone today for a free consultation at (818) 805-1758 regarding your foreclosure issues. We’re able to assess your situation thoroughly and can schedule same-day appointments.

Bankruptcy as an Option

As prices in single family residences have continued to drop, many have seen the equity in their homes disappear, and some have chosen to walk away from their homes instead of carrying a mortgage on a property that has been declining in value.

Walking away from one’s home is an emotionally draining experience, one that the majority of people in California are feeling these days. However, allowing one’s property to go to foreclosure is not the only way to ease the burden of a huge mortgage payment. At SM Law Group, APC, our attorneys can help re-organize the arrears on a mortgage and allow the homeowner up to five years to get caught up on their missed mortgage payments in a chapter 13 bankruptcy. In some circumstances we can even get rid of second and third mortgages on a home depending on the current value of the home and the 1st mortgage against it.

How a Chapter 13 Can Help

When you file for Chapter 13 bankruptcy, an order will temporarily stop lenders from holding a foreclosure sale, giving you time to save your home through a repayment plan. You can catch up by making monthly payments to a trustee assigned by the court, who then forwards the payments to your lender. Once you complete all your payments outlined in your repayment plan, you can keep your home.

Bankruptcy can not only prevent a foreclosure and allow the homeowner to continue making payments on their terms; it can also delay the process for a significant amount of time (usually 4-6 months). Many homeowners have decided to walk away from their homes, and with the filing of a chapter 7 or a chapter 13 bankruptcy prior to the foreclosure date we can buy the homeowner additional time to move out.

An additional benefit of filing for bankruptcy is that once it’s discharged, the lenders on a property may not come after the homeowner for any deficiencies remaining after the foreclosure sale of the property.

For attentive and dedicated legal counsel, call our San Fernando Valley foreclosure attorneys at (818) 805-1758. We offer free consultations and payment plans for your convenience.

Get a Fresh Start & Wipe Away All Your Debt

See Our Winning Case Results
  • Individual v. Credit Card Company (harassing phone calls) $100K Settlement
  • Individual v. Credit Card Company (harassing phone calls) $100K Settlement
  • Individual v. Credit Card Company (harassing phone calls) $175K settlement
  • Individual v. Credit Card Company (harassing phone calls) $150K Settlement
  • Individual v. Credit Card Company (harassing phone calls) $300K Settlement
  • Individual v. Credit Card Company (harassing phone calls) $280K Settlement
  • Individual v. Credit Card Company (harassing phone calls) $250K Settlement
  • Individual Chapter 13 Over $75k in Mortgage Arrears Reorganized
  • Small Business Chapter 7 Over $2 Million Debt Discharged
  • Individual Chapter 7 Over $1 Million Debt Discharged
  • Individual Chapter 13 $100,000 of Unsecured Debt Discharged
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Client Reviews

Hear From The People We've Helped
  • I would recommend them to anyone.

    “Very professional. Even when the defending insurance company tried to drag out the procedure and lowball the payment, the attorneys at SM would always push forward in order to get me the highest ...”

    - Joshua N.
  • Great working with you guys!!

    “I'll contact you guys again if I need help with anything else. Much appreciated all the help from everyone at your office. Thanks!”

    - Hermes P.
  • They were awesome and spent time with me over the phone and answered my questions.

    “I had some legal questions and I gave them a call. They were awesome and spent time with me over the phone and answered my questions. With all this Covid stuff I didn't need to even go into their ...”

    - Shawn M.
  • I can finally say that someone helped me get justice.

    “John as helped me with multiple matters. I can confidently say that he was the easiest and best lawyer I could of asked for. He is a professional when it comes to maximizing settlements and getting ...”

    - Eddie S.
  • I was extremely happy and satisfied with my settlement and outcome of my case.

    “My personal injury attorney was Kian Mottahedeh. He was extremely professional, and he was always available whenever I had a question or concern. Both of his legal assistants, Esmeralda and Genesis, ...”

    - Dan N.
  • Thank you, Kian, for your professionalism and expertise!

    “During the most difficult time SM Law walked me through every step and got me an amazing settlement. Thank you, Kian for your professionalism and expertise! I highly recommend SM Law!”

    - Nathan N.
  • The absolute best when it comes to handling bankruptcy!

    “They do not pass any judgment upon you - they are simply there to help. I found them to be honest, reliable and timely. The support staff is extremely friendly and very informative. The lawyers have ...”

    - Anna G.
  • John and the representative who met me at the courthouse were very thorough and guided me every step of the process.

    “Thank you John Sarai and the rest of SM Law Group for helping me file my Bankruptcy Chapter 7 case. It was a smooth process. John and the representative who met me at the courthouse were very thorough ...”

    - Evitha B.
  • They made a very stressful situation much easier for me.

    “SM law group handled my bankruptcy case and I was very satisfied with their service. They made a very stressful situation much easier for me. They explained everything to me and it was fast and ...”

    - Lenny DcComics
  • I have never experienced more professional care. My phone calls and emails were answered within 5 minutes!

    “Absolutely outstanding experience! Kian Mottahedeh was my attorney. I have never experienced more professional care. My phone calls and emails were answered within 5 minutes every single time. Kian is ...”

    - Lenka Wallace
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In The News

Recent Feature in The Los Angeles Daily Journal

Learn more about the work that is captured in the news. Our team is recognized in our community and among our peers for our tireless devotion to clients facing bankruptcy and personal injury-related matters.

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