Mortgage Foreclosures, Repossessions and Bankruptcies

There are a variety of circumstances that can lead to messy finances. Whether it is a homeowner struggling to keep up with mortgage payments, a car owner not making loan payments, or a bankruptcy filing, each of these situations requires careful planning and wise decision making. If you find yourself facing a challenging financial road, contact Rinaldi & Poveromo for guidance. We have experience helping clients throughout Central and Northeastern Pennsylvania, and we would be proud to go to work for you.


Facing an Impending Foreclosure

The thought of losing your house to foreclosure is probably hard for you to process. Whether you are new to this house or have been living there for years, you see it as home, and you don’t want to let it go back to the bank because you can’t keep up with the payments. Unfortunately, this is a relatively common outcome, as people regularly fall behind on payments and can’t catch back up again.

If you are already facing a foreclosure, or if you are behind on your mortgage and see this as a possibility, contact Rinaldi & Poveromo right away to review your options. There may be programs available that you aren’t aware of which could help you keep your house. Our experienced team understands how Pennsylvania laws work in this area, and we can help you make the right decisions to move forward with confidence.


Dealing with a Car Repossession

Having your car repossessed is in some ways like a foreclosure on a smaller scale. If you have a loan out for your vehicle and fall behind on the payments, you may face repossession. As soon as you see that as a possibility, contact Rinaldi & Poveromo to serve as your repossession lawyer. With a repo lawyer on your side, you may be able to work with the lender to figure out a solution to the payment issue. Taking on the bank all on your own will be a difficult proposition, so get in touch with a car repossession lawyer near me to consider all of your options.


Turning to Bankruptcy for Relief

While it is often seen as a last resort kind of solution, opting for bankruptcy can actually have some advantages. If you are at a point with your finances where you are struggling to keep up and aren’t sure how you will make ends meet any longer, it might be a bankruptcy filing that allows you a fresh start. Of course, you won’t want to make this decision alone, and you won’t want to go through the process on your own, either. Rinaldi & Poveromo would be proud to serve as your bankruptcy attorney to help you sort out all of the details in this complicated situation.

Filing for bankruptcy does have the downside of the tremendously negative impact that it will have on your credit. However, if you are in a position where bankruptcy is an option, your credit may not be in good condition to begin with. And, by working through bankruptcy to resolve your debts and “start over,” you may feel as though you have a new lease on life.


Don’t Let Another Day Pass

Financial problems don’t tend to get better the longer you leave them alone. These issues only manage to worsen as interest piles up, and late fees add on even more to the total. Get in touch with the team at Rinaldi & Poveromo as soon as possible to help you find a suitable solution to the issues you are facing. We look forward to hearing from you.