Filing for bankruptcy can often stop the foreclosure of your home. With Chapter 13 bankruptcy, many people are able to save their homes — our bankruptcy attorneys in Kansas City have used Chapter 13 to help thousands of people stop foreclosures.
Even Chapter 7 can help delay a foreclosure. Once you file for bankruptcy, the judge orders your creditors to stop all collection activities — including the harassing phone calls — immediately. So if your home is scheduled for foreclosure, that process will legally be postponed while the bankruptcy is pending, which could take a few months.
If you need to keep your home, the best way to do it is often through a Chapter 13 bankruptcy, which allows you to pay off the late payments in a payment plan determined by the court. The time period can be anywhere between three and five years. Also, Chapter 13 bankruptcy could eliminate payments on your second or third mortgage.
Castle Law Office has been handling bankruptcies for Kansas City clients from more than 14 years. If you need the fresh start bankruptcy can provide, call us today at 816-842-6200 to speak with an attorney. Or click here to email us and schedule your free consultation.