Stop Home Foreclosure-
in Chapter 7, Chapter 13 Bankruptcy
You may qualify for protection from foreclosure on your home in a Chapter Seven or Chapter Thirteen Bankruptcy. Consumer bankruptcy should qualify you to keep your house and continue to make regular payments and pay any arrearage (amount you are behind on payments).
It is not too late to save your home if you are now in foreclosure. Bankruptcy can stop foreclosure before the sale date of your home. See the menu to the left to contact our office to find out how to stop home foreclosure in Tennessee.
Mortgage payments and interest rates may be reduced in some instances if you qualify. Some mortgage holders have expressed a willness to work with home- owners through loss mitigation, reducing payments and allowing debtors to stay in the home.
The U. S. Congress and the President are also reviewing ways to help homeowners prevent foreclosure. These measures may not help homeowners already behind on their payments or in foreclosure.
This PDF Document is a list of facts regarding Making Home Affordable Program and Home Affordable Modification Program:
FAQ
Clink these links for information on home loan modifications available througth the federal government: