Chapter 13 Can Save Your Home

Here's what mortgage companies might not tell you. Chapter 13 Bankruptcy creates what is called an 'automatic stay' that prevents any collections actions from taking place.  It stops your foreclosure sale and allows you a chance to get caught up over 36 to 60 months.  You'll resume making your regular payment direct to the mortgage company, and we will get you caught up on what you're behind through a separate payment plan. Is your mortgage payment too high?  You can attempt to qualify for a loan modification, all while safely and securely residing in your home for months.

While you're getting caught up on your mortgage payment in your Chapter 13, you can often take advantage of these additional benefits:

- Pay as little as ZERO to your unsecured creditors.  
- Reduce the interest rate on your current vehicle payment, and lower the ongoing monthly payment.
- Pay off tax debt.
- Pay student loan debt at the expense of your other creditors.
- Eliminate a 2nd mortgage if your home is worth less than the balance on the first mortgage.
- Eliminate a judgment lien on your home.
- Restore electricity and gas.
- Stop collections actions like garnishment and vehicle repossession. 
- Stop hostile phone calls from bully creditors and collection agencies.
- Allows you to get caught up on homeowners association fees over up to 60 months.
- Allows you to get caught up on property taxes for up to 60 months.
- Is better for your credit than Chapter 7, as it's on your record for only 7 years. 

Contact us today at 303-630-9641 or fill out the form below.