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Tag Archives: foreclosure
Can An Emergency Bankruptcy Be Filed To Stop A Foreclosure?
An emergency bankruptcy (sometimes referred to as a skeleton bankruptcy) can be filed to stop a foreclosure, however it is not a good idea to wait to the last minute to stop a foreclosure for a number of reasons. First, the changes … Continue reading
Posted in Bankruptcy
Tagged Bankruptcy, Bankruptcy Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, BAPCPA, credit counseling, dismissal, emergency, foreclosure, Kevin Gipson, new orleans bankruptcy attorney, new orleans bankruptcy lawyer
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More Than 1 Million Homeowners Are Expected To Lose Homes To Foreclosure In 2010!
The Associated Press is reporting today that more than 1 million American homeowners are likely to lose their homes to foreclosure this year. RealtyTrac Inc., a foreclosure listing service, reports that nearly 528,000 homes were taken over by lenders in … Continue reading
Posted in Bankruptcy
Tagged Associated Press, foreclosure, Kevin Gipson, new orleans bankruptcy attorney, new orleans bankruptcy lawyer, RealtyTrac, repossession
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Bankruptcy Myth No. 6: You can no longer stop a foreclosure by filing for Bankruptcy.
The bankruptcy myth that you can no longer stop a foreclosure proceeding by filing for bankruptcy is simply no true! Both a Chapter 7 bankruptcy and a Chapter 13 bankruptcy will stop a foreclosure, but with different long term results. … Continue reading
Posted in Bankruptcy
Tagged Bankruptcy, Chapter 13, Chapter 7, creditor, foreclosure, lift stay, new orleans bankruptcy attorney, new orleans bankruptcy lawyer, Plan, stay
Comments Off on Bankruptcy Myth No. 6: You can no longer stop a foreclosure by filing for Bankruptcy.
What Is A Chapter 13 Bankruptcy?
A Chapter 13 Bankruptcy is generally used by a debtor who is behind on payment of a secured debt such as a mortgage or a car note. The debtor using a Chapter 7 bankruptcy creates a payment plan to catch up on … Continue reading