Posted On: June 16, 2010

How Do I Stop Foreclosure in Roseville?

A Roseville bankruptcy attorney lets you know how to stop foreclosure in Roseville...

Myth: Stop Foreclosure and Don’t Pay Mortgage

“If I file for bankruptcy to stop foreclosure, I will get to keep my house without paying a dime. “ As ideal as that sounds for every homeowner, bankruptcy does not wipe out all of your mortgage obligations.

Fact: The Automatic Stay Will Stop Foreclosure
Yes, it is true. The automatic stay will stop foreclosure temporarily. The moment you file for bankruptcy, an “Automatic Stay” is placed on all of your property. That means, no creditor can collect from you once you have asked the court for bankruptcy relief. The automatic stay takes affect the moment you file for bankruptcy, whether you file for a Chapter 7 or a Chapter 13 bankruptcy. Generally, however, the automatic stay will be lifted about a month later when the bank files a Motion for Relief from stay. So, if you are filing for a Chapter 7 bankruptcy, you will still have to make the payment that the bank is asking for in order to keep your home at that point.

Filing for bankruptcy is an excellent option if you are drowning in debt, facing foreclosure tomorrow, and believe that within a month you will be able to raise the money needed to pull your home out of foreclosure.

How does Chapter 7 Bankruptcy Stop Foreclosure?
Again, the moment you file for Chapter 7 bankruptcy, you will immediately stop a foreclosure. In order to keep your home permanently, you will have to pay the bank the amount of money that the bank is asking for to pull your home out of foreclosure whenever the automatic stay is lifted.

How does Chapter 13 Bankruptcy Stop Foreclosure?
Just like with the Chapter 7 bankruptcy, the automatic stay will immediately stop foreclosure. The beauty of a Chapter 13 bankruptcy is that it allows you to keep your property so long as you can show that you will pay any mortgage delinquencies over the life of your plan. There are other factors to consider when filing for Chapter 13 bankruptcy, so be sure to talk to your attorney regarding how Bankruptcy can help you.

If you have questions regarding Bankruptcy in Sacramento please contact us at (916) 492-6020 in Sacramento or (916) 724-1690 in Roseville for a free consultation or visit and we can connect you with one of our experienced Sacramento Bankruptcy Attorneys. After you have spoken with one of our Sacramento bankruptcy attorneys, we can schedule you for a free face to face appointment in an office location nearest you. Our team of Sacramento Bankruptcy Lawyers can assist you with all aspects of your bankruptcy or legal debt settlement case. If you have questions about filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, or would like to learn more about bankruptcy litigation, legal debt settlement, mortgage modification, lien stripping, cram down, stopping a foreclosure, wage garnishment, asset protection, discharging a debt, etc. we can help! We have bankruptcy attorneys located throughout California and Oregon who can assist you with all of your debt resolution questions. Please feel free to complete our free online bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy. We look forward to hearing from you, Sacramento and Roseville!

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If the courts do not accept your bankruptcy filing because of an error on our part, we will refund 100% of your money, including the filing fee!

At Sagaria Law, PC we want to guide you on the path to financial freedom and realize this is not an easy task for most. We respect your devotion to better your circumstances even with financial hardship and thus are willing to guarantee that if you retain us, we will do everything we can, legally and ethically, to help you become debt-free.

The Fine Print

The Sagaria law guarantee covers everything that a bankruptcy law firm produces in order to successfully complete a bankruptcy filing. We guarantee that it will be done in a manner that is accepted for filing with the bankruptcy clerk's office.

There may be reasons beyond our control that may cause a case to be dismissed. Therefore, the 100% Money-Back Guarantee does not guarantee;

  1. That you will receive a discharge.
  2. That you will receive a discharge of all debts or of any particular debt.
  3. That your case won't be dismissed for reasons not related to the paperwork being accepted for filing.
  4. That you, our client, will successfully complete all of your obligations including accurate disclosure of debts, completing your forms on time and attending your 341 meeting as scheduled.
  5. That you will not lose assets in chapter 7, or that creditors won't successfully argue for the repossession of collateral in chapter 13.
  6. That you will not encounter challenges of any kind to your bankruptcy case.

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