Chapter 13 Bankruptcy – Petition To Keep Family Home, Vehicles, Household Goods
February 27th, 2010Once loan modification or note workout fails, and the homeowner wants to keep the family home, another alternative is to file a Chapter 13 bankruptcy petition to avoid foreclosure. Indeed, foreclosure is reportedly soaring; and the filing of a Chapter 13 bankruptcy petition results in automatic stay of: (1) any action against the debtor or [...]
