subject: Ahren Tiller Helps to Save Homes from Foreclosure [print this page] Ahren Tiller Helps to Save Homes from Foreclosure
Ahren Tiller is helping to Save People's Homes from Foreclosures
For a long time now, bankruptcy attorney Ahren Tiller has successfully helped many homeowners who are burdened with impossible mortgage payments simply because they were sold home loans that they could not realistically afford. This situation is further compounded by banks and lenders, who are eager to file foreclosure lawsuits to evict homeowners, sell the home at a loss and thereafter file a deficiency judgment against the borrower for the difference.
And this is where Ahren Tiller of the Bankruptcy Law Center comes in as he assists homeowners in petitioning for bankruptcy in order to receive protection from foreclosure. Once the bankruptcy petition has been filed, an automatic stay will go into effect which will instantaneously halt the foreclosure process, so long as your home has not already been sold. While this petition by itself will not eliminate the past due mortgage payments, it will give the homeowner and Ahren Tiller ample time to work out an option, all the while using the bankruptcy courts as protection from the lending bank.
Depending on the type of bankruptcy that Ahren Tiller advises the homeowner to choose, their home will be treated in a certain way. For instance, under a Chapter 13 bankruptcy, the mortgage payment along with the past due mortgage payments will be included in the repayment plan. This repayment plan normally takes 3-5 years and is structured in a way that enables the homeowner to remain "above water". Under a Chapter 7 bankruptcy, the foreclosure is stayed although it may continue a couple of months later. In any case, with his years of experience and skill as a bankruptcy attorney, Ahren Tiller is able to use the complicated bankruptcy laws as a leverage to force the lender into creating a reasonable loan that the homeowner will be able to afford.
