Stop Foreclosure and Save Your Home with Chapter 13 Bankruptcy
Choice #2 (the one that works!): File a Chapter 13 bankruptcy repayment plan
A Chapter 13 bankruptcy is a choice with the power of law behind it. In fact, it's backed by the highest law of the land, the U.S. Constitution. Article 1, Section 8, Clause 4 authorizes Congress to create "uniform Laws on the subject of Bankruptcies throughout the United States." Title 11 of the U.S. Code is commonly known as the Bankruptcy Code and protects your constitutional right to relief through bankruptcy.
The minute you file Chapter 13, all of the following happens — every time:
- The foreclosure process stops immediately.
- An automatic stay goes into effect. This is a court order preventing your creditors from contacting you about your debts. So, there will be no more harassing phone calls, letters or repossessions.
- Your DebtStoppers attorney helps work out a repayment plan that allows you to make monthly payments — payments you can afford — over a three-year period directly to the court. Usually this means that your non-mortgage debts are greatly reduced. In many cases, your non-mortgage debts are eliminated completely.
- With your monthly obligations so much lower, you can again afford to make mortgage payments and keep your home.
Act now to save your family from foreclosure
Don't let foreclosure force your family out of your home. Fill out our personal debt analysis form and find out for free if a DebtStoppers plan is a better plan for you. We'll give you a personal, one-on-one debt evaluation with an experienced bankruptcy attorney. And, since we operate on a contingency basis, you pay no legal fees until we resolve your debt issues.