How to Stop a Sheriff’s Sale in Pennsylvania
If you just learned of an upcoming sheriff’s sale of your property in Pennsylvania, call our lawyers. Our attorneys can help you stop a sheriff’s sale by filing for bankruptcy.
Stopping a sheriff’s sale is important for debtors in Pennsylvania. Apart from paying any outstanding debts in full, filing for bankruptcy may be the best and easiest way to stop an impending sheriff’s sale, apart from immediately paying back creditors. When you file for bankruptcy in Pennsylvania, an automatic stay will go into effect. This will stop a sheriff’s sale until you are able to repay your debts, whether through a repayment plan or liquidation. Don’t wait to contact our attorneys after being notified of a sheriff’s sale, as doing so leaves you with little control over how you repay your debts.
We’re here to help debtors in Pennsylvania stop sheriff’s sales by filing for bankruptcy. For a free case evaluation with the Pennsylvania bankruptcy lawyers at Young, Marr, Mallis & Associates, call today at (215) 701-6519.
How Can I Stop a Sheriff’s Sale in Pennsylvania?
A judge might order a sheriff’s sale if you have significant outstanding debt in Pennsylvania, especially if you are behind on your mortgage payments. This might result in your real estate or personal property being taken to satisfy any debt you owe. Stopping a sheriff’s sale is paramount, so you don’t lose your property. But how can you do this in Pennsylvania?
The simplest way to stop a sheriff’s sale in Pennsylvania is to pay any outstanding debts to creditors in full. As our Pennsylvania bankruptcy lawyers know, this is easier said than done and most likely not an option if a sheriff’s sale is on the horizon.
Another option is to get a court order to postpone a sheriff’s sale, which might be possible, depending on the reason for a sheriff’s sale. Accomplishing this may be a lengthy process in Pennsylvania. Not to mention, getting a court order to stop a sheriff’s sale may be difficult if you can’t find a way pay your debts in full.
Typically, the most practical way to stop a sheriff’s sale from happening entirely is by filing for bankruptcy in Pennsylvania, provided you can’t pay off your debts in time. Our Philadelphia bankruptcy lawyers can walk you through this process so that you don’t have to go through with a sheriff’s sale of your property.
How Can Filing for Bankruptcy Stop a Sheriff’s Sale in Pennsylvania?
Sheriff’s sales can feel violating for debtors in Pennsylvania. You don’t have any control over the process, and your property may be auctioned off without your involvement. This can be devastating and discouraging to people with debt who don’t see a path forward. To stop a sheriff’s sale and gain control over your financial situation, contact our Pennsylvania bankruptcy lawyers
Filing for bankruptcy can stop a sheriff’s sale and set you on the path of repayment to creditors in Pennsylvania. When debtors file for bankruptcy in Pennsylvania, an automatic stay will go into effect. This prevents creditors from hassling you to pay them and puts a stop to an impending sheriff’s sale.
The next step is determining how you plan to repay your creditors. Remember, sheriff’s sales typically happen when creditors approach a judge because of a debtor’s outstanding debt. The only real way to stop a sheriff’s sale for good is to address your debt.
Depending on the type of bankruptcy you file for, you may be able to pay back creditors without losing assets that might be otherwise sold in a sheriff’s sale. For example, Chapter 13 bankruptcy works through repayment plans. Our Bala Cynwyd bankruptcy lawyers can devise a repayment schedule that allows you to repay creditors within several years. To be able to file for chapter 13 bankruptcy, you have to pass a means test. If you don’t earn enough income, you may have to file for liquidation bankruptcy, also known as Chapter 7 bankruptcy in Pennsylvania.
What Should I Do If I am Notified of a Sheriff’s Sale in Pennsylvania?
Contact our attorneys if you are notified of an impending sheriff’s sale of your personal property or real estate in Pennsylvania. It is important to act quickly and make a plan for addressing your debt so that you don’t lose your assets through a sheriff’s sale.
Don’t ignore a notice of a sheriff’s sale. If you do, you may be unable to stop it and might end up losing certain assets to cover your outstanding debts to creditors. Instead, call our attorneys to learn your options for repayment that don’t involve a sheriff’s sale.
You might feel understandably confused, violated, and scared when notified of a sheriff’s sale. It can seem like you don’t have any control over your property and that they can be taken away without your approval. To prevent that from happening, call our lawyers and consider filing for bankruptcy.
While filing for bankruptcy can have a negative connotation, it doesn’t have to. Think of bankruptcy as a tool to help you reclaim your financial stability. Our attorneys can help explain the benefits of filing for bankruptcy and why it is preferable to allowing a sheriff’s sale to happen without intervention. Don’t wait to act after being notified of an impending sheriff’s sale of your personal or real property in Pennsylvania and contact our attorneys immediately.
Ask Our Pennsylvania Lawyers About Filing for Bankruptcy to Stop a Sheriff’s Sale Today
If you want to avoid a sheriff’s sale in Pennsylvania, our attorneys can help. For a free case evaluation with the Easton, PA bankruptcy lawyers at Young, Marr, Mallis & Associates, call today at (215) 701-6519.