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Posted On: October 12, 2010 by Scott Sagaria

Can I stop a foreclosure?

A San Francisco bankruptcy attorney advises on foreclosures.

It is possible to stop a foreclosure, either by paying the delinquent amount or by filing for bankruptcy. By filing bankruptcy, an automatic stay goes into effect and stops any foreclosure proceeding. This allows the borrow some time to develop a repayment plan and come up with a way to save the home by paying the delinquent amount over the life of the chapter 13 plan. The borrower, however, must start making their regular mortgage payments after the filing of bankruptcy.

If you would like more information on this topic or other bankruptcy topics, please contact our San Francisco office at (415) 946-8882 or (1800) 941-6730. We at Sagaria Law can connect you with one our our experienced San Francisco bankruptcy attorneys. We have bankruptcy attorneys located throughout California and Oregon to assist you with your bankruptcy questions. If you need assistance regarding a Chapter 7 bankruptcy, a Chapter 11 bankruptcy, a Chapter 13 bankruptcy, bankruptcy litigation, legal debt settlement, mortgage modification, lien stripping, a cram down, stopping a foreclosure or wage garnishment, discharging debt, etc. we can help! Please contact us to receive a free consultation or visit our website at www.sagarialaw.com to request an in-person consultation with an experienced bankruptcy attorney. We have an exceptional team of bankruptcy lawyers, bankruptcy client care specialists and bankruptcy staff supporting San Francisco.

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Posted In: Foreclosure

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