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Chapter 13

Monday, April 16, 2007
Chapter 13
I have an attorney and filing chapter 13. Our home is in forclosure and quite a few debts. Will it take care of our honme save it. Still concerned. Thans Connie & victor

Thanks for the question, I am not an attorney but feel that'

Likely chance your home will be ok since your Attorney is filing for your 13 there will be a stay of proceedings meaning that no one can pursue any actions against you from the day of filing on.. The 13 is a wage earners repayment plan, your secured creditors will have to be delt with first but they, if you can show them reason too, will not wish to continue with the foreclosure. The biggest thing in my mind is that you work extremely closely with your attorney. If they are a good reputable firm they will see the need to put the ducks in the right row and make the appropriate calls and documents out on your behalf quickly.

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