Bankruptcy
Bankruptcy
May 07, 2008
Bankruptcty to stop my foreclosure did not work, any advice
My husband and I filed for bankruptcy in order to save our house. The bank that had our mortgage continued to proceed with the proceedings. I hate to think about it being to late to do anything, I have stressed to where it has affected my health in a bad way.
April 16, 2008
Should I file bankruptcy to save my home... will it save my home from foreclosure?
I lost my job, after 12 years, having medical problems. I have yet to be able to claim unemployment benefits, and to the advice of my cardiologist, have filed for disability. My monthly house payment is $690, with a fixed interest rate of 5.75%.
December 13, 2007
Bankruptcy did not stop my foreclosure
I filed a chapter 13 but i had it dismissed due to the fact i couldn't afford those payments plus the first and second mortgages.
December 07, 2007
Bankruptcy did not help me
I filed bankrupt in June 2007, thought payment plan was going as agreed -- until I received court notice from mortgage company (re: October 24 - hearing to be relieved).
September 21, 2007
I have tried to work with them, what else can I do?
Many people contact us completely frustrated with their mortgage company and make some a decision to file bankruptcy. Bankruptcy will help come home owners get back on track but as a whole it usually fails. We always council home owners to only file bankruptcy if that is there only option.
April 14, 2007
Groups Say Bankruptcy Reform Needed
The International Herald Tribune business pages released the following article April 12, 2007
Groups say bankruptcy reform needed to protect subprime borrowers amid U.S. housing slump
The Associated Press Published: April 12, 2007
WASHINGTON: As the U.S.
Groups say bankruptcy reform needed to protect subprime borrowers amid U.S. housing slump
The Associated Press Published: April 12, 2007
WASHINGTON: As the U.S.
Bankruptcy Laws Contributing to Foreclosure Rate
This article was released April 13, 2007 by Consumer Affairs.
April 12, 2007
We told you Bankruptcy was not the answer to foreclosure
Remember the posts where we have indicated that Bankruptcy may not save your home from foreclosure? Well it is true... some people are helped from Bankruptcy but the majority of them are not. It is just too hard to keep the payment plan that they set up for you.
April 06, 2007
A Bankruptcy may not stop the sale.
Did you know that a Bankruptcy may not postpone the Foreclosure? Your Mortgage Company can petition the court to remove the automatic stay and allow the foreclosure to continue. This is what is happening to this prospective client.
"Chpt. 13 . Lender is attempting to dismiss Chpt.
"Chpt. 13 . Lender is attempting to dismiss Chpt.
April 05, 2007
If I file Chapter 7 Bankruptcy can I still keep my house?
If you file Bankruptcy there are some things you need to know. 1. If you file chapter 7 and want to keep the house you need to re-affirm the house with your Mortgage Company. 2. If you file Chapter 13 you need to maintain your normal house payment in addition to the Bankruptcy payment.






