In the short sale business, bankruptcy attorneys have a bad reputation. In many cases, a homeowner will receive a mailing or solicitation from a bankruptcy attorney who promises that the foreclosure can be stopped, and the house saved. The homeowner files bankruptcy, but finds out that a few short months later, the foreclosure process has started up again and they eventually lose their house.
Ark Law Group has developed a very successful combined bankruptcy and short sale practice, which allows for the homeowner to stay in their home for an extended period, complete a short sale of their home, and then file bankruptcy, only as necessary.
We work well with both lenders and bankruptcy trustees throughout the bankruptcy process, when the house has been included in the bankruptcy filing. We always work to find a way to satisfy the needs of all parties in the transaction, and get the transaction closed.