Home Foreclosure in Milwaukee

bankruptcy milwaukee

Milwaukee Foreclosure Attorney

Foreclosures are at an all time high.

Beware of the quick fix organizations that promise to save your home by signing the deed of your home to them. Be especially cautious of mortgage brokers who offer refinancing. Refinancing often requires large upfront fees and could result in a dramatic increase in your monthly mortgage payment.

Many times, mortgage lenders will string you along with empty promises of loan modification and then, on the brink of sheriff’s sale of your home, inform that they cannot help you.

The filing of a Chapter 13 Bankruptcy acts to immediately stop any ongoing foreclosure. Past due mortgage payments are paid through your repayment plan.

If you are facing foreclosure, bankruptcy might be able to help. Some people may be able to save their home by filing for a Chapter 13 bankruptcy.

What Is Foreclosure?

Typically foreclosure begins after a homeowner falls behind on mortgage payments. The lender begins the legal process of selling the home at auction in order to get payment for the loan. The process involves numerous steps, including notification to the homeowner.

This won’t happen overnight. Usually a lender won’t begin the foreclosure process until you’ve missed several payments, often four or more. In Wisconsin it may take 6 months to well over a year from the commencement of the foreclosure case to the sheriff’s sale.

How Chapter 13 Bankruptcy Can Help

Many people will do whatever they can to stay in their home. If that describes you, and you’re behind on your mortgage payments with no feasible way to get current, the only way to keep your home may be to file a Chapter 13 bankruptcy.

How Chapter 13 Works

Chapter 13 bankruptcy lets you pay off the “arrearage” (late, unpaid payments) over the length of a repayment plan you propose — three to five years. But you’ll need enough income to at least meet your current mortgage payment at the same time you’re paying off the arrearage. Assuming you make all the required payments up to the end of the repayment plan, you’ll avoid foreclosure and keep your home.


My husband and I fell behind on our mortgage payments due to my husband’s temporary job loss. The bank filed for foreclosure and was not willing to work with us. We turned to Lombardo Law Office to stop the foreclosure. Attorney Lombardo was great. He listened to our situation and walked through the Chapter 13 bankruptcy process with us. We were able to keep our home by filing a Chapter 13 bankruptcy. The Chapter 13 bankruptcy allowed us to stop the foreclosure and resume making our normal monthly mortgage payments while paying the amount we fell behind on the mortgage in the Chapter 13 Plan. The best part was our credit cards and medical debts were eliminated in the Chapter 13, which made the monthly mortgage affordable for our family. We saved our home and soon we will be debt free!C.L
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