Is FORECLOSURE on Your Mind?
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Is Foreclosure on Your Mind?
Are you about to go into Foreclosure? Do you think you have NO other options?
Well here is a tip for you: Chapter 13
Yes filing a Chapter 13 bankruptcy, can STOP FORECLOSURE, and save your family’s home.
So what is a Chapter 13 bankruptcy?
It’s called a wage earner’s plan. It allows individuals with regular incomes to develop a plan to repay all or part of your debts.
Did you know that filing a Chapter 13 can buy you more time to get caught up on mortgage and car payments? With this chapter, debtors propose a repayment plan to make installments to creditors over three to five years. It also will streamline, decrease or even remove other type of debts that have been draining your pockets.
So do some research and find an experienced bankruptcy attorney to help you process the file. You do not have to be those families you hear about losing their homes because of Foreclosure. Try this option if you feel like you have no other choice.