Donald A. Davis, Attorney at Law, Raleigh, NC - Bankruptcy, Chapter 7, Chapter 13

 

Can Home Foreclosure Be Prevented? 

When you get behind on your house payments, your mortgage company may foreclose on your house.  The number of months you are behind may vary, but at some point in time, the creditor may refuse to accept monthly payments.

The creditor will find you in default and start foreclosure.  The foreclosure process takes about 2 months and leads up to the day that your house is sold at auction. There are only two ways to stop a foreclosure and save your home.  One is to pay the amount you owe in full.  The other is to file a Chapter 13 Plan. 

Filing Chapter 13 will stop the foreclosure and give you the opportunity to pay the overdue payments over a reasonable period of time. If your mortgage payments are behind and you want to keep your home, you must act quickly. There is something you can do. Quick action can save your home!  Call Today For Your "Free" Consultation!

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