Help!!!!! I am $6,000 behind on my house, can a Chapter 13 help me keep my house?
Hi Brandi! I am sorry you are going through this. If no foreclosure sale has taken place yet, a Chapter 13 Bankruptcy can help. Mortgage arrears can be spread out over the course of a 3-5 year plan and the foreclosure (if any) has to stop. When the Chapter 13 Bankruptcy is filed, you would commence your "regular" monthly mortgage payments starting with the month following when the case was filed. At Kain & Scott we cure mortgage arrears on Chapter 13 plans routinely. I hope this helps you. When the time is right, or when you are ready, set up a FREE STRATEGY SESSION and see if this is right for you and your family. thanks! Wes