Foreclosure auctions in the 13 county Atlanta metro area set for February 3 will include 8,425 properties, according to an article in the Tuesday, January 13, edition of the Atlanta Journal Constitution.

Atlanta bankruptcy attorneys are working to reduce the number of foreclosed properties that will be auctioned off. Property owners can use Chapter 13 bankruptcy to restructure their debt and stop foreclosure on their home.

Facing financial difficulty is never an easy task. Keeping your family in its home is important to emotional stability when facing difficult situations.

It is important that you speak to an experienced Atlanta bankruptcy lawyer as soon as possible when your home mortgage lender threatens foreclosure.

Georgia laws that govern foreclosure allows lenders to put your home loan into default status after you miss just 2 or three payments. Your lender will then publish their intent to foreclose on your home in the newspaper for four consecutive weeks. After that, they only have to give you 15 days notice to begin foreclosure.

An atlanta bankruptcy lawyer can explain how a Chapter 13 bankruptcy can protect your home and personal property.