Mortgage: Can bankruptcy help me save my house?
In Virginia a bankruptcy filing immediately stops a foreclosure. A Chapter 13 bankruptcy filing payment plan allows you up to 60 months to catch up on mortgage arrears while keeping the mortgage payments current in the future. A Chapter 7 bankruptcy filing will stop foreclosure for a few months, giving you time to locate new accommodation and move in an orderly fashion. During your free consultation with a Boleman Law attorney the differences on how a Chapter 7 and a Chapter 13 bankruptcy affects keeping your home will be fully explained.
