If you are facing foreclosure due to past due mortgage payments, you may be thinking about a mortgage modification, a short sale or some type of forbearance program to give you time to get caught up. After dealing with these issues for years, what I can tell you is that, unlike each of the programs I just mentioned, a Chapter 13 bankruptcy filing forces a mortgage company to give you time to catch up on past due payments while you make your current payment each month. You are in control instead of the mortgage company!
Mechanics of Chapter 13 BankruptcyPosted on May 9, 2011 at 1:24pm by
Tags: chapter 13