Tag Archives: Chapter 13
Chapter 13 Can Stop Your Foreclosure
At Bankruptcy Law Professionals, we are experts in all aspects of consumer bankruptcy including both Chapter 7 and Chapter 13 filings. If you are interested in keeping your home and saving it from foreclosure, a Chapter 13 bankruptcy can help you bring your loan back to current and pay back the past due debt. Unlike Continue Reading
HARP Loan Modification and Bankruptcy
If you are working through a HARP or HARP 2.0 loan modification application, you will need to continue to keep an eye on any assigned sale date on your home. If you are facing foreclosure and looking to a HARP loan modification or any other type of loan modification to get your home out of Continue Reading
What You Should Know About HARP 2.0
Here’s some interesting information on the government mortgage assistance program called HARP 2.0. HARP2 or HARP 2.0 is the same program as HARP. It was just extended until December of 2013 and there are some changes to the program. HARP assistance is only available to Fannie Mae or Freddie Mac loans. Fannie Mae and Freddie Continue Reading
Bankruptcy Represented by an Attorney
If you are under the impression that there is some faster, cheaper, and more effective way of filing a bankruptcy than being represented by an attorney, you might have a surprise coming. The best way to file for bankruptcy is to be represented by an attorney. Attorney representation, in the long run, will definitely cost Continue Reading
Key to Qualify for Chapter 13 Bankruptcy
If you don’t qualify for Chapter 7 bankruptcy because of too much income, Chapter 13 bankruptcy may be the best solution for you. We get calls from clients initially asking for a Chapter 13 without much information on what it takes to qualify for it. A Chapter 13 bankruptcy is much more work than a Continue Reading
Removing a 2nd Loan or HELOC from Your Home Loan with a Bankruptcy
Under a Chapter 13 bankruptcy filing, if a debtor has more than one (1) mortgage on the home (or a 1st and 2nd loan), we may be able to discharge the second mortgage (or home equity line of credit) if the home is the primary residence and the first mortgage balance equals or exceeds the Continue Reading
Why bankruptcy can be the best option when facing Foreclosure
When you are facing foreclosure, bankruptcy may still be the best option for you to get the situation back under your control. If you are past due on payments on your home, the bank has rights to foreclose on your property if they follow the proper rules and procedures. Unfortunately, your rights in a loan Continue Reading