Stop the Sale, Save Your House

Chapter 13 Bankruptcy may be just the ticket for homeowners who are having a tough time juggling large unsecured consumer debts and their monthly mortgage payments. Chapter 13 can help people save their houses when the mortgage companies don’t want to deal. Filing bankruptcy will put a stop to all foreclosure proceedings, including the sale, even if its filed just one day beforehand. Chapter 13 provides an option to take control instead of being strung along by a lender’s loss mitigation department.