Will Bankruptcy Stop Foreclosure? How Chapter 13 Can Save Your Home
Автор: The Port Law Firm
Загружено: 2023-03-15
Просмотров: 16
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Behind on your mortgage and worried about foreclosure? Attorney Edward Port explains how Chapter 13 bankruptcy may help Florida homeowners catch up on missed mortgage payments and protect their homes from foreclosure.
Chapter 13 bankruptcy is designed to help qualified homeowners cure and maintain their mortgage - catching up on missed payments through a 36 to 60-month repayment plan, while continuing to make regular monthly payments going forward. If you cannot afford to cure and maintain your mortgage, some courts also provide procedures for applying for a mortgage modification during the bankruptcy case. In both situations, the lender may not be able to move forward with foreclosure while the case is active.
A foreclosure notice does not always mean the story is over.
📖 Read more: You Can Stop Foreclosure and Save Your Home, and Here's How!
https://protectmyassetsnow.com/you-can-sto...
⏱️ Timestamps
00:00 Will bankruptcy stop foreclosure?
00:10 How Chapter 13 helps you cure and maintain your mortgage
00:16 Paying mortgage arrears through a 36 to 60-month plan
00:24 Why the lender may not be able to move forward with foreclosure
00:33 What happens after completing Chapter 13 payments
00:40 Mortgage modification in Chapter 13 bankruptcy
00:55 Facing foreclosure and trying to save your home
📞 Contact The Port Law Firm
🌐 https://protectmyassetsnow.com/
📍 West Palm Beach: 561-721-1212
📍 Port Saint Lucie: 772-323-2320
📍 Fort Lauderdale: 954-676-7168
⚠️ This video is for general informational purposes only and is not legal advice. Every case is different. Speak with a qualified attorney about your specific situation.
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