Blog Category: Foreclosure


Bankruptcy and Foreclosure

Bankruptcy and Foreclosure

If you are more than two months behind in your mortgage payments, you may be worrying that the foreclosure process will begin soon. Your lender has the right to take back the collateral if you stop making payments.  On your first missed payment, you may receive a friendly letter reminding you to pay. On your  … Read more

  Filed under: Foreclosure


Foreclosure and Bankruptcy

Foreclosure and Bankruptcy

By using the process of foreclosure, a lender can take possession of a home that the homeowner has fallen behind in payments. This action can vary by state, and the process can take as little as one month or up to seven months to complete. Bankruptcy slows or even stops foreclosure and allows you to  … Read more

  Filed under: Foreclosure


Foreclosure Process and Bankruptcy

Foreclosure Process and Bankruptcy

A mortgage lender can use a process called foreclosure to take a property from a homeowner that defaults on the loan. The foreclosure process can take anywhere from one to seven months, depending on the state you live in. By filing bankruptcy, all legal actions against you, including foreclosures will be stopped. Friendly Reminders A  … Read more

  Filed under: Foreclosure


The Foreclosure Process

The Foreclosure Process

During the process of a foreclosure, the mortgage lender can take possession of the property that the homeowner is in default. The procedure varies by state and can take anywhere from one to seven months to complete. Although a lender can legally start foreclosure proceedings with the first miss payment, that usually doesn’t happen. Foreclosure  … Read more

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Will A Bankruptcy Save My Home?

Will A Bankruptcy Save My Home?

When individuals run into really serious financial problems one of the biggest fears they have is losing their home. They automatically assume that if they are going into a bankruptcy that they will most definitely lose their residence. This is not necessarily the case and before making any decisions regarding your bankruptcy you really should  … Read more

  Filed under: Filing bankruptcy


Stopping a Foreclosure in Chapter 13

Stopping a Foreclosure in Chapter 13

One of the worse financial predicaments to be in is having the bank foreclose on your house. As soon as the mortgage begins to fall into default most individuals live in the fear of losing their home. This is the time that those in this situation begin to think about bankruptcy. Usually it is immediately  … Read more

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How do you Evaluate Your Property for a Bankruptcy?

How do you Evaluate Your Property for a Bankruptcy?

You have to understand that the value for your property that you list in your bankruptcy is not as you perceive the value of them. It has to be the actual cost for it, if they were going to be replaced at this time. You may have to have supporting documentation that shows the trustee  … Read more

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Stopping Foreclosure With a Bankruptcy

Stopping Foreclosure With a Bankruptcy

Having to deal with creditors day in and day out is devastating. Especially when there is nothing you would like better than to be able to pay them and be over and done with them. It gets worse when they are not only threatening legal action, but have actually started the proceedings like a home  … Read more

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How A Bankruptcy Attorney Can Help to Avoid Foreclosure

How A Bankruptcy Attorney Can Help to Avoid Foreclosure

Having the thought of a possible foreclosure on your property hanging over your head is frightening and disheartening. It can put you into a state of panic and you don’t know which way to turn. If you are entering into a bankruptcy then it is imperative that you have the right legal representation. This creates  … Read more

  Filed under: Foreclosure