Bankruptcy As A Means Of Foreclosure Prevention

Are you several months (or years) behind on your mortgage? Do banks constantly call you demanding payment? Is foreclosure in your future? Having large amounts of debt is nothing to be ashamed of. Filing for bankruptcy can help you avoid foreclosure and stay in your home. It can also help you and your family achieve financial stability. I offer compassionate guidance throughout the entire bankruptcy process. I am cognizant of the financial, emotional and psychological strain you are enduring. Initially I will help you determine whether filing for Chapter 7 bankruptcy (liquidation) or Chapter 13 bankruptcy (debt reorganization) is appropriate for your financial situation. If we conclude that bankruptcy is a viable option, we will help you file the necessary paperwork and begin the process of obtaining much-needed debt relief.

Will I Lose My Home If I File For Bankruptcy?

The majority of the time, the answer is a resounding “no.” Filing bankruptcy is often the best way to avoid foreclosure. In some situations, however, an experienced lawyer can negotiate with banks or lenders so that you do not have to file for bankruptcy. I am dedicated to protecting your rights as well as your interests. If bankruptcy becomes necessary to avoid foreclosure on your home, I will guide you through the entire process and help you obtain the debt relief you need. You do not need to endure any more mental anguish or sleepless nights worrying about your financial situation. Pennsylvania bankruptcy law allows you to obtain a fresh start financially. Contact my office today and get back on track financially.



Mr. Monaghan was a very helpful and supportive attorney who exhibited a professional and organized firm. He was wonderful and now my worries are gone. The process was smooth and my stress level has decreased. I highly recommend anyone to use Mr. Monaghan as an attorney to help with their needs.


I would recommend Attorney Monaghan to anyone seeking excellent legal representation. He was very informative and eased any anxiety I was having with the process. His assistant Linda is a great part of his team. He was always available for questions whenever I had them. Perfect 10.


Extremely knowledgeable and professional. Jim ensured that I was well informed and supported at each step. Excellent communication and correspondence throughout the process. I felt very safe being represented by Jim.


Jim was very helpful with my workers’ comp case. He really sped up the process in which the insurance company needed to do. Also, he has a calming, reassuring aspect of his character that honestly I wish all lawyers would have.


Jim was awesome! Very patient and kept me informed of everything that was going and what was going to happen. I would recommend him to anyone who needs lawyer services.