Bankruptcy is the less favorable way of dealing with a Foreclosure. If you are facing foreclosure and cannot work out a deal or other alternative with your lender, bankruptcy may be the answer. There are two forms of bankruptcy. Chapter 13 lets you pay off late and unpaid payments through a repayment plan initiated by you that usually repays the debt over a five year term. Chapter 7 lets you temporary stop the sale of your home and gives you two to three months to live in your home free while saving money to help you move into alternate shelter. For no-cost consultation contact us at 305-969-3602, or complete a registration form at Contact Us.
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Last Updated on Tuesday, 13 October 2009 14:18 |
