Medical issues, job loss, and other unexpected events can all cause a person to get behind on mortgage payments. If you are behind, you might be worried about losing your home. You may wonder “how many months behind on mortgage before foreclosure?” The lender may start foreclosure proceedings once you are three months behind on your mortgage. Once you are 4 months behind on mortgage payments, it can seem impossible to get caught up. Although lenders may offer programs to help homeowners work … [Read more...] about Can Chapter 13 Stop Foreclosure?
bankruptcy chapter 13
Debts That Can Be Eliminated With Chapter 13 Bankruptcy
Chapter 13 Bankruptcy offers individuals a way to eliminate debt and stop foreclosure as well as auto repossession. When the Chapter 13 bankruptcy attorney declares bankruptcy for a person, they may be able to save their home, car, savings, and their personal belongings. Americans have seen the economy steadily improve since the great recession of 2008, but many millions of people are still struggling financially. Sudden job loss or illness is typically the reason why a person falls behind on … [Read more...] about Debts That Can Be Eliminated With Chapter 13 Bankruptcy