Sadek Bankruptcy

Bucks County – stop upcoming sheriff sales

Top Bankruptcy Attorneys and Home Foreclosure Defense Attorneys.

Over 750 ★★★★★ Google Reviews

brad sadek

Contact Our Attorneys Today

bbb badge
three best badge
rated by super lawyers sadek
FREE CASE
EVALUATION

At Sadek Bankruptcy Law Offices, we realize that every situation is different. Our debt relief lawyers will take the time to learn about your situation and your goals. Our objective is to explain your legal options and offer the best debt relief strategy for you in the most compassionate and friendly manner possible. Call 24/7 to schedule your meeting with a lawyer.

PAYMENT PLANS
AVAILABLE

Our office understands the financial stress our clients endure. Therefore, in addition to reasonable legal fees, we offer a payment plan to all of our valued clients to make quality legal services most affordable.

OFFICES IN PA
AND NJ

In addition to our primary law office in Center City, Philadelphia, we also have law offices throughout the Greater Philadelphia, Pennsylvania Area and in New Jersey. Our branch offices have contributed to making us the #1 Bankruptcy Filer and debt relief firm in the Greater Philadelphia area. Our goal is to have a convenient location within 20 minutes of where our clients work or reside.

Bucks County – stop upcoming sheriff sales

foreclosure

Losing one’s home is a worst-case scenario but, for many families, it can quickly become a reality when mortgage payments are unmet and finances spiral out of control due to COVID-19. While the staling of foreclosures was a welcome relief to some homeowners who needed the extra time to get their financial footing, others found that the pandemic only got them farther behind.

How This Affects Bucks County

Bucks County was one of the many areas across the country that had to postpone their sheriff sales on foreclosed homes. During the course of the COVID19 shutdown, individuals who would have otherwise lost their homes were able to maintain ownership for additional months. While many individuals are happy to see the nation opening back up, along with it comes the return of sheriff sales. Bucks County is the first county in the Greater Philadelphia area to begin sheriff sales again. This will result in many homeowners losing their houses and finding themselves homeless. As of today (June 8th), sheriff sales in Bucks County are set to begin on June 12th.

Sheriff Sales Of Foreclosed Property

Sheriff sales are a form of public auction where homeowners lose their place of residence. At these auctions, properties that are being foreclosed are put up for auction. The highest bidder gets the property and ownership; meanwhile, the original owner has to give up their home and leave. All money gathered from the sale goes directly to pay the mortgage and the bank. This can be devastating both financially and emotionally to homeowners who lose everything and have no funds to start over somewhere else. 

What This Means If You Live In Bucks County

If you are in danger of losing your home due to lack of payment, the start of sheriff sales can have serious consequences for your family. If your home is put in a sheriff sale, you will lose not only the place where you live but you will also be left homeless with poor credit and no money to look for another place to live 

How To Stop A Sheriff Sale

If your home is about to end up in a sheriff sale, you still have time to take action! By filing either a legal petition to stay or a Chapter 13 bankruptcy before the sheriff sale date, you can continue to live in your home and it cannot be added to the sheriff sale. While no one wants to file bankruptcy, this can be the difference between recovering financial and losing everything. 

If you live in Bucks County and realize that you are in danger of losing your home, it’s time to talk to our team! We can help you to understand if you’re a candidate for bankruptcy and then file the necessary paperwork to keep you in your home. You worked hard to get where you are – don’t let financial problems tear everything away from you. Contact us today! 

The attorneys at Sadek Bankruptcy Law Offices have handled thousands of Bankruptcy cases in Philadelphia and the surrounding counties of Montgomery, Delaware, Bucks, and Chester. We are also licensed in the State of New Jersey. Contact us today to schedule your free consultation at 215-545-0008. 

Share This Story

Facebook
Twitter
LinkedIn