Posted On: April 23, 2011

How To Stop Foreclosure By Filing Bankruptcy

In case you have become delinquent with your home loan payments and are unable to bring the loan current, you could be facing foreclosure from your lender. Should you be unable to arrive at a binding agreement with your bank, bankruptcy is definitely a solution to end or at least postpone foreclosure.

A Chapter 13 bankruptcy or Chapter 7 action can certainly end the foreclosure procedure, for the time being. 

Chapter 13 is the better alternative to keep your house should you have a means to make up the repayments in the foreseeable future but happen to be not able to formulate binding agreement with your bank. This approach has much less affect on your credit score, since it supplies a means for you to compensate creditors as time passes, typically four years. You need adequate revenue for making these repayments. Using Chapter 13, you will pay your present loan payment every month together with a portion of the payments which you have not paid four years. You need to maintain repayments or the mortgage company could request the judge to cancel the bankruptcy protection, and commence the course of action once more. Should you have obtained an additional mortgage loan on your home, Chapter 13 may also eradicate that mortgage loan completely when the second mortgage loan isn't collateralize from your property value, as a result of decrease in home values or other conditions.

If you have a question regarding Bankruptcy in Sacramento please contact us at and we can connect you with one of our experienced California Bankruptcy Attorneys . Bankruptcy Law Firm can assist you with all aspects of your bankruptcy case. If you have questions about filing a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, lien stripping , a cram down, stopping a foreclosure or wage garnishment, asset protection, discharging debt, etc. we can help! We have bankruptcy attorneys located throughout California and Oregon who can assist in all of these important areas. Please complete our free bankruptcy evaluation and we can quickly determine if you are a qualified candidate for bankruptcy.

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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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