Can bankruptcy help delay foreclosure? | The Dodds Law Firm, PLC

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There are six big reasons a bankruptcy court can deny your bankruptcy discharge. Make sure you speak to a qualified bankruptcy attorney to handle If you lie in connection with your case or make a false statement, your bankruptcy can be discharged. When you file for bankruptcy, you represent.

Understanding Your Foreclosure Rights: A consumer law review. lexington law can help you remove negative items on your credit reports. For a FREE credit consultation. State laws and the mortgage holder’s motivation are two major factors. In many cases, the foreclosure process will start.

Bankruptcy can bring foreclosure proceedings to a halt, end harassment from debt collectors, and give borrowers time to make up missed In some cases, bankruptcy can also help mortgage borrowers save their homes permanently. It’s not, however, going to help every troubled homeowner.

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In terms of avoiding foreclosure, declaring bankruptcy might be considered the nuclear option. David Ebert, a bankruptcy attorney and partner with Ebert Law Office PC in Hurst, Texas, sid that most homeowners who resort to bankruptcy to avoid a foreclosure will file a Chapter 13 bankruptcy.

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Bankruptcy and foreclosure are both words that the average person dreads hearing. If you are facing foreclosure, however, bankruptcy can become a tool to help you keep your house. As a result, the lender could file a motion to lift the stay and ask the court’s permission to schedule the foreclosure.

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