admin on Dec 13th, 2007Bankruptcy foreclosure
Most people know there are two types of bankruptcy processes for most folks, chapter 7 and chapter 13.
A chapter 7 gives you a discharge from your unsecured debts. So you don’t owe them anymore.
A chapter 13 requires you to pay a percentage or all of the debts back over a three to five year period.
Chapter […]
admin on Nov 25th, 2007File chapter 13 stop foreclosure
This article explains a bit about the practice of filing chapter 13 stop foreclosure. If you file a chapter 13 bankruptcy petition, you can then let your creditors know and they will immediately leave you alone.
However, your mortgage lender holds a note secured by a deed of trust or mortgage in your house. They are […]