When you face the foreclosure of your home, please realize there are several options available. Speak with a qualified bankruptcy attorney about your specific circumstances. The sooner you do, the more options you may have. This area of the law is complicated, and a full understanding of your situation is required to assist you in making informed decisions as you move forward.
Filing a bankruptcy petition suspends a scheduled foreclosure sale which provides you with some time to consider your next steps in regaining financial control.
Everyone’s situation is different so it stands to reason that no one remedy fits everyone’s circumstances.
If you are facing insurmountable debt and/or the foreclosure of your home, the Federal Government has established the Bankruptcy Court to assist you “regain” your financial control.
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