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How to Use Chapter 13 Bankruptcy to Stop Foreclosure

There are a number of reasons why people fall behind on their mortgage payments. Perhaps they lose their job; perhaps they are hospitalized and overburdened with medical bills—whatever the reason, the fact is that when you fall behind on your mortgage payments, your lender may decide to institute foreclosure proceedings on your home. What can you do to stop this? The answer is to file for Chapter 13 bankruptcy. 

 

http://www.youtube.com/v/_h_3xRCfV3A?hl=en&fs=1

As you will hear in this video, Chapter 13 bankruptcy is not a means to avoid or prevent foreclosure entirely, but it is a way to delay the proceedings so you can settle your debts and regain control of your finances.

To learn more about Chapter 13 bankruptcy, contact Cutler & Associates, Ltd by dialing (847) 849-1843. With over 20 years of experience, it’s no wonder why we have become the preferred bankruptcy law firm for individuals in the Chicagoland area.  

 

More from Chicago Bankruptcy Lawyers – Illinois Bankruptcy: Cutler & Associates, Ltd —- Call Us Today!: chapter 13 bankruptcy lawyer chicago, Chapter 13 Bankruptcy Attorney Chicago, Stop Foreclosure

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