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How Bankruptcy Affects Foreclosure
Filing for Chapter 13 or Chapter 7 creates an automatic stay, which halts foreclosure proceedings temporarily.
Pros
Cons
Alternative Options
Important: This is not legal advice. Speak with a bankruptcy attorney to weigh your options.
Also Read: How to stop a foreclosure after judgement?
We help Long Island, NY homeowners keep or sell their home. We are empathetic and put your needs first.
The information on this website is for general informational purposes only. We are not attorneys, and nothing on this site should be considered legal, financial, or tax advice. Every homeowner’s situation is different. Always consult with a licensed attorney before making any decisions regarding foreclosure or your property. If needed, we’re happy to refer you to one who may offer a free consultation.
We help Long Island, NY homeowners keep or sell their home. We are empathetic and put your needs first.
The information on this website is for general informational purposes only. We are not attorneys, and nothing on this site should be considered legal, financial, or tax advice. Every homeowner’s situation is different. Always consult with a licensed attorney before making any decisions regarding foreclosure or your property. If needed, we’re happy to refer you to one who may offer a free consultation.
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