Your home is not just the place where you and your family sleep at night. It’s a place to feel comforted and safe when the world outside can be tough and complicated. When you are faced with a foreclosure, you don’t just worry about where you’re going to sleep, you are worried about where you and your family are going to be safe.
Take a look at how a Chapter 13 bankruptcy has the ability to stop your home from being taken away from you.
Filing for bankruptcy has many advantages when trying to get back on your feet financially. One of the most notable benefits of bankruptcy is the “automatic stay.”
The moment you submit your bankruptcy filing to the court, an automatic stay is issued and goes into effect immediately. This puts a temporary stop to all creditor and debt collections for the duration of the bankruptcy proceedings – including foreclosures. Foreclosure, along with other debt collection such as repossession, harassing creditor calls, etc. are immediately halted, giving gives you the much-needed breathing room to sort out your finances and finish the bankruptcy process.
As long as your home has not already been sold in a foreclosure sale, Chapter 13 is an effective way to help protect your home.
Dealing with debt is hard enough on its own, but having to protect your home from foreclosure by yourself can be a nightmare. We provide a compassionate and personalized approach, designed to do whatever is possible to get you back on your feet.
We have locations in Riverside, Victorville, Los Angeles, and all across Southern California for your convenience.
If you have any questions about how a Chapter 13 bankruptcy can save your home, contact us through our website or give us a call at 888-332-8362