Should I File Chapter 7 or Chapter 13 to Stop Foreclosure?

Should I File Chapter 7 or Chapter 13 to Stop Foreclosure

Which bankruptcy should I file? Chapter 7 is quick and easy, but Chapter 13 allows repayment of missed mortgage payments. Whether you file a Chapter 7 bankruptcy or a Chapter 13 bankruptcy, the “automatic stay” goes into immediate effect. The automatic stay prevents your creditors from taking any steps to try to collect money from you. Both Chapter 7 […]