Real World Law, P.C.
Our Practice Areas
Pennsylvania Office:
6774 Market Street
Upper Darby, PA 19082
(610) 734-0750
Save your home from foreclosure with Chapter 13 Bankruptcy
Chapter 13 Bankruptcy offers debtors many advantages over other types of bankruptcies. In most instances, Chapter 13 Bankruptcy can save your home from foreclosure. Chapter 13 allows debtors to stop foreclosure proceedings, and present a plan to the court that will satisfy any default amounts owed to the debtor's mortgage company. Payments made as agreed under a Chapter 13 repayment plan will \restore the mortgage to its pre-default status.
For 36 to 60 months, the debtor is required to submit their monthly bankruptcy plan payments to the trustee assigned to his/her case. During this time, the debtor's mortgage company cannot foreclose on or sell your home.
