Practical Bankruptcy: Stopping the Foreclosure of Your Home and Keeping It Through Chapter 7
Do you really have to file a 3-to-5-year Chapter 13 case to stop a foreclosure of your home and then be able to keep it permanently?
Do you really have to file a 3-to-5-year Chapter 13 case to stop a foreclosure of your home and then be able to keep it permanently?
Even if you don’t think you can stay in your home, Chapter 7 gives you more time to save money for your move, and may buy some leverage.
Chapter 7 “straight bankruptcy” does not stop aggressive collections by your ex-spouse or support enforcement. But Chapter 13 does.
Do you absolutely need to keep your vehicle, but can’t afford the monthly payments? See if you qualify for a “cramdown.”