Using Federal Law...
to stop foreclosures, garnishments, repossessions
and lawsuits while helping you regain financial control.
When the tempest of debt has paralyzed you, let Absolute
Bankruptcy and Charles Andersen help you regain financial control using the
Bankruptcy Code!
Bankruptcy Can Stop Foreclosure
Filing a Chapter 7 case will sidetrack a
lender’s right to foreclose. Unless a lender can get permission
to go forward with the foreclosure proceedings by requesting
and receiving “relief from the automatic stay” from the court, you are
"home free".
That relief is not likely to be granted unless the lender can
demonstrate "lack of adequate protection" by showing
depreciating collateral or one of several other means. The
burden is always on the creditor in a lift stay proceeding to
show special and unusual circumstances, and the lender must
further demonstrate to the court that the property is not
necessary to the debtors effective debt reorganization.A
Chapter 7 can permanently stop a foreclosure, if
the creditor agrees or the homestead (exemption) laws stop the
liquidation of the property.
If the conditions above that must be met in Chapter 7 cannot be met
in order to permanently stop a foreclosure.
The solution to that problem that then is to file under Chapter 13 bankruptcy. The
A confirmed Chapter 13 plan can provide for continuing monthly payments
on the mortgage and paying off the arrearages over the
life of the plan (three to five years).
|
|
 |
 |
|
| We work with you to help you keep as much of your property as possible while putting an
immediate stop to:
Little Italy Bankruptcy Attorneys: Home foreclosures
Little Italy Bankruptcy Attorney: Car repossessions
Little Italy Bankruptcy Attorney: Garnishments
Little Italy Bankruptcy Attorney: Credit card debt
Little Italy Bankruptcy Attorneys: Creditor harassments
Little Italy Bankruptcy Lawyers: Lawsuits
For us, filing bankruptcy is about terminating your problems and helping you move on.
Little Italy, California
Little Italy is a somewhat hilly neighborhood in Downtown San Diego, California that was originally a predominately
Italian fishing neighborhood. It has since been gentrified and now Little Italy is a scenic neighborhood
composed mostly of Italian restaurants, Italian retail shops, home design stores, art galleries, and residential units.
|
|
|
