Chapter 13 lets the party keep their assets and pay for debts that cannot be included in the bankruptcy filing. It also stops a foreclosure in its tracks by letting the owing party time to update payments. Parties can file for Chapter 13 bankruptcy if their unsecured debt goes below $419,2...
Bankruptcy & Foreclosure - Do you feel like you are drowning it debt? Have your medical or credit card bills gotten out of hand? Are you a victim?
Filing forChapter 7 bankruptcyorChapter 13 bankruptcyprotection will freeze attempts by your mortgage company to seek foreclosure. Bankruptcy can also eliminate credit card debt, end wage garnishment and stop a bank levy. You do have options and you can find relief from financial strain. ...
Ownership Can Follow Foreclosure or Bankruptcy
By filing a subsequent Chapter 13, you obtain the benefit of the automatic stay. This prevents your mortgage holder from proceeding with a foreclosure hearing or sale without permission from the bankruptcy court. The automatic stay also stops creditors from collecting back taxes or other debts. Whi...
Bankruptcy Attorneys A bankruptcy attorney can also help, but don’t be surprised when they recommend filing for bankruptcy. It could help solve your problems, but there might be better alternatives. Public Assistance You can also find public assistance in many areas. Local utilities, the fed...
Even if your creditors are currently pursuing repossession or foreclosure actions against you, filing for bankruptcy will put a stop to them and give you the opportunity to keep your car and home. At the law offices of [nap_names id=”FIRM-NAME-3″], we understand how troubling it can be...
The bankruptcy court lifted the stay. But the bank did not work with plaintiff in an attempt to reinstate and modify the loan. Rather, it completed the foreclosure. Plaintiff filed this action against the bank, alleging a cause of action for promissory...
The foreclosure attorney will send a formal letter to the homeowner requesting full payment of all past due payments prior to filing a foreclosure lawsuit. (3) Foreclosure Lawsuit The foreclosure lawsuit can be served to the homeowner anytime between the 4th and 6th month of non-payment. ...
New Mortgage Servicer Rules Can Slow Foreclosure for Some 15 related questions found How can I save my home from foreclosure? If you're facing foreclosure, you might be able to stop the process by filing forbankruptcy, applying for a loan modification, or filing a lawsuit. If you're behind...